Construction

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.

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JSM Venture to Convert Vacant Kmart to Self-Storage in Zion, IL

Nov 19, 2018

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...

DealPoint Merrill to Convert Former Macys to Self-Storage in Richmond Heights, OH

Nov 14, 2018

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...

Miami City Self Storage LLC Buys 6 Development Sites in Miami-Dade County, FL

Nov 08, 2018

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 to Convert Public Works Building to Self-Storage in Palm Beach Gardens, FL

Nov 08, 2018

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...

Mequity to Convert Tucker, GA, Warehouse to CubeSmart Self-Storage Facility

Nov 07, 2018

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...

Ziff Properties Converts Lexington, KY, Warehouse to Self-Storage

Nov 02, 2018

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...

Joint Venture Led by The Natchez Group Develops 2 Tennessee Self-Storage Projects

Oct 31, 2018

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...

The Natchez Group Plans to Build 3-Story Self-Storage Facility in Spring Hill, TN

Oct 31, 2018

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 to Begin on Gastonia Self-Storage in North Carolina

Oct 30, 2018

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...

Midwest Self-Storage Development Eyes Supermarket Conversion in Gary, IN

Oct 30, 2018

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...