Update 2/21/23 – Menards received approval to develop outdoor storage at its facility on Brown Deer Road in Milwaukee. The expansion comes after the company reduced the number of vehicle-storage spaces from 250 to 200 for the 3-acre lot and added...
Stuf, a startup business that partners with commercial-property owners to convert unused space to self-storage, has secured $11 million in a Series A round of funding led by Allegion Ventures and Altos Ventures, with participation from existing...
Update 2/16/23 – The global self-storage development pipeline continues to be extremely dynamic. Inside Self-Storage regularly covers new projects being planned and approved as well as zoning and other municipal issues. Following is additional...
Embarking on a new self-storage project, whether it’s an acquisition, ground-up development, conversion or expansion, can feel a lot like navigating a complex maze. To ensure you don’t get lost—or worse, hit a dead end—it helps to have a vade...
Officials in Troy, Ohio, have imposed a 180-day moratorium on new applications for self-storage developments to give city staff time to evaluate and recommend land-use regulations for the business use. The ban went into immediate effect on Feb. 6...
Update 2/3/23 – A plan by Patriot Holdings, which operates the All-Purpose Storage brand, to convert a former Kmart in Augusta, Maine, was rejected by the city. In a 3-to-5 vote, councilmembers declined to send the proposal back to the planning...
The self-storage market was on fire for the first three quarters of last year before showing signs of cooling. With the larger investment market hampered by a lack of clarity, read why the 2023 outlook for self-storage is bright, even as the...
Once you’ve secured a good piece of land for your self-storage development, it takes vision and know-how to transform it into the operating facility you desire. In this video, owner and developer Charles Kao takes you on a stroll through his two...
Balcomie Capital, a private investment group, has launched a $10 million equity fund that’ll pursue value-add acquisitions and ground-up developments within the self-storage industry. The fund seeks about 40 accredited, high-net-worth investors...
Officials in Lexington, South Carolina, are taking steps to limit self-storage development in the town’s commercial districts. During a Jan. 18 council meeting, members expressed their support for a zoning proposal that would limit storage to...
