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Commissioners in New Hanover County, N.C., unanimously approved an amended self-storage plan for 7755 Market St. in Ogden, N.C. The facility will be built on 3.15 acres and comprise 79,000 square feet. It will include a 70,000-square-foot, two...
Storage Choice is building three multi-story self-storage facilities in and around downtown Dallas. Construction for the first property, a six-story, 130,000-square-foot facility in downtown Dallas, will begin next month. The facility is in the...
Self-storage operator U-Stor-It is nearing completion on a 21-story facility in Chicago, which the company says will be the tallest self-storage building in the city and one of the tallest nationwide. The property at 615 S. Wabash Ave. will...
New development and construction trends are emerging in the self-storage industry. Here’s a look at the innovations that are shaping the next generation of facilities.
Atlanta-based real estate development and investment firms NitNeil Partners and Live Oak Capital Partners have joined forces to develop an “urban-inspired” self-storage facility in Charleston, S.C. The three-story building at 1540 Meeting St. will...
Real Estate developers Brexton LLC and Edwards Cos. have proposed a six-story self-storage development for the corner of Long and Young streets in Columbus, Ohio. TriVillage Downtown Storage would comprise about 750 units and offer climate control...
Building a multi-story facility can be a rewarding option for self-storage owners or developers facing higher land costs, small lots or strict zoning. Following is a brief overview of the advantages and disadvantages to building vertical.
As the self-storage industry matures, building types, components and design continue to change. Developers should be aware of trends and limitations in building and construction, and know how to adjust their investment strategy accordingly.
NitNeil Partners, an Atlanta-based real estate development and investment firm specializing in self-storage, has expanded into the Tennessee market with the development of a three-story storage facility in the Southside Historic District of...
National self-storage operator The U-Haul Co. has completed its conversion of the former Nabisco building in Detroits New Center district and recently opened the facility for business. Now called U-Haul Moving and Storage of New Center, the 250...