Coda Management Group, a development firm that specializes in self-storage conversions, has partnered with private investors to acquire a two-story commercial building in Toledo, Ohio, that will be redeveloped into a storage facility. The 88,000...
Self-storage developer JSM Venture Inc. has purchased a vacant Kmart in Zion, Ill., for $2.3 million that it intends to convert to self-storage. Plans for the 90,426-square-foot structure at 3355 Sheridan Road include 69,750 rentable square feet...
Update 11/14/18 – The DealPoint Merrill conversion of Macy’s to self-storage continues to move forward. The $8 million project will comprise more than 1,100 units at 691 Richmond Road. A previous source reported the street address number as 641...
Update 11/8/18 – MCSS has opened its self-storage facility on 79th Street in Miami, an arterial street also known as the John F. Kennedy Causeway. The five-story structure comprises 76,050 square feet in 922 units. It’s a few blocks west of the...
Stor-All Acquisitions LLC, an affiliate of Stor-All Storage, has acquired a Palm Beach Gardens, Fla., public-works building for $3.8 million with the intent to convert it to self-storage. The company outbid two other offers for the property at...
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 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...