Self-storage construction has become more sophisticated due to heightened consumer expectations, changing building codes, and a more rigid approval processes through municipal planning boards. Important topics covered in this category include design trends, zoning, conversions, eco-friendly components and practices, and more.
Real estate developer Mequity Cos. has purchased a warehouse in Tucker, Ga., for $5.3 million that it intends to convert to a climate-controlled self-storage facility. The site will be managed by real estate investment trust CubeSmart and branded...
Real estate developer Ziff Properties Inc. has acquired the former Golden Burley Tobacco Warehouse in downtown Lexington, Ky., which it intends to convert to self-storage. The 3.5-acre property at 574 Angliana Ave. is just over a mile from the...
Update 10/31/18 – The Natchez Group and AREP Natchez Sobro Storage LLC have opened SoBro Self Storage in Nashville, Tenn. The facility comprises 19,088 square feet in 213 climate-controlled units. Funding was provided by First Bank, according to a...
Update 10/31/18 – The Natchez Group has opened Highway 31 Storage in Thompson Station, Tenn. The property at 4792 Columbia Ave. comprises 55,000 net rentable square feet in 492 climate-controlled units...
Construction will soon begin on Gastonia Self-Storage in Gastonia, N.C. The three-story, 100,000-square-foot facility will be on the northeast corner of Gaston Day School and Hoffman Roads, near existing restaurants and retail stores. The $8.83...
A former Ultra Foods grocery store in Gary, Ind., could be converted to self-storage. Midwest Self-Storage Development LLC intends to transform the 69,000-square-foot retail property on Ridge Road. The retail property includes a Menards home...
BCPStor Development LLC has built an energy-efficient self-storage project at 950 Phenix Ave. in Cranston, R.I. Completed in July, the facility features insulated metal panels (IMPs) on two buildings and a rooftop solar-panel system on its three...
When developing self-storage, a conversion project can offer significant advantages over new construction—under the right conditions. Learn what makes a good conversion property as well as what to do to ensure project success.
