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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Fine-Art Self-Storage Operator Uovo Opens Facilities in Brooklyn and Orangetown, NY

Dec 21, 2018

Update 12/21/18 – Uovo has revealed additional details on its Brooklyn self-storage conversion project. The property at 105 Evergreen Ave. was acquired for $47 million, with total project costs expected to be about $76 million. Construction will...

MCSS Self Storage Expands Development Reach in South Florida

Dec 20, 2018

Update 12/20/18 – MCSS has completed construction on its self-storage facility in Davie. The University Drive location is the company’s 10th in South Florida. It comprises 90,000 square feet in 1,055 climate-controlled units, according to a press...

Jeremiah 29 LLC Breaks Ground on 5-Story Self-Storage Facility in Marlborough, MA

Dec 18, 2018

Self-storage developer Jeremiah 29 LLC, an affiliate of commercial real estate firm O'Brien Commercial Properties Inc. (OCP), is building a five-story self-storage facility on a 3-acre parcel in Marlborough, Mass. The property at 215 Simarano...

Integrita Capital Partners to Build 5-Story Self-Storage Facility in Ridgefield, NJ

Dec 11, 2018

Private equity firm Integrita Capital Partners LLC is developing a five-storage self-storage facility in Ridgefield, N.J. Once complete, the structure at 625 Grand Ave. will comprise 152,000 square feet in 1,220 climate-controlled units. It’ll...

U-Haul to Convert Ultra Foods Grocery Store to Self-Storage in Kanakee, IL

Dec 06, 2018

Phoenix-based U-Haul International Inc., which operates more than 1,500 self-storage facilities across North America and frequently recycles existing structures for its new locations, is converting a former Ultra Foods grocery store to self...

Extra Space to Add Solar Panels to 23 Self-Storage Facilities in Colorado, Illinois

Nov 29, 2018

Extra Space Storage Inc., a publicly traded self-storage real estate investment trust (REIT) and third-party management firm, has partnered with solar-power company Pivot Energy to add 2.7 megawatts of capacity at 23 of the REIT’s locations in...

U-Haul Eyes Former Pocatello, ID, Kmart for Conversion to Self-Storage

Nov 23, 2018

AMERCO, the parent company of U-Haul International Inc., is eyeing a vacant Kmart in Pocatello, Idaho, for conversion to self-storage. The planning and zoning commission last week unanimously approved a conditional use permit for the property at...

Self-Storage Conversion Project Approved for Buffalo, NY

Nov 20, 2018

Update 11/20/18 – Real estate developer Daniel Blanchard of 459 Broadway has acquired the 46,193-square-foot Drescher Paper Box building after securing approvals for a special-use permit and a zoning variance for his self-storage project...

Coda Management Group to Convert Commercial Building to Self-Storage in Toledo, OH

Nov 19, 2018

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...

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...

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