Development

The development of a self-storage facility generally begins with a comprehensive market analysis of the proposed project area, followed by assembling a strong team, and working with municipalities to meet zoning, design and code requirements. Owners might consider a multi-story building to maximize their footprint, or select a mixed-use project to widen their options.

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Metro Development Self-Storage Proposal Stirs Controversy in Philadelphia

Oct 23, 2018

Self-storage acquisition and development firm Metro Development Co. is facing controversy over its plan to build a six-story facility near the new $10 million Rail Park and several apartment buildings in Philadelphia. The zoning board of...

Burlington Self-Storage to Break Ground in Lake Worth, FL

Oct 23, 2018

Burlington Self-Storage, which operates six facilities in three states, will soon begin construction on a 168,500-square-foot facility in Lake Worth, Fla. The 4.5-acre property at 4829 and 4849 Lantana Road formerly housed a plant nursery and...

Moorseville, NC, Town Board Approves One Self-Storage Project, Rejects Another

Oct 18, 2018

The Mooresville, N.C., Town Board this week approved a conditional zoning change to allow a self-storage project from developer Morrison Suites LLC but denied a similar request from Your Self Storage LLC (YSS). Morrison Suites intends to build a...

Snapbox Self-Storage to Convert Former Shopping Mall in Hamilton, NJ

Oct 16, 2018

Snapbox Self Storage, which operates 29 facilities in 10 states, will convert a vacant mall to self-storage in Hamilton Township, N.J. The company has received zoning approval to renovate the 43,000-square-foot structure and add more than 38,500...

Assembling a Team of Winners to Play the Self-Storage Development Game

Oct 16, 2018

Assembling a self-storage development team isn’t much different than putting together a winning sports lineup. Follow these tips to create a team that’s built for project success.

Quinlan Development Group to Build CubeSmart Self-Storage Facility in Hillside, NJ

Oct 15, 2018

Quinlan Development Group LLC (QDG), a privately held real estate investment and development firm, is building a self-storage facility in Hillside, N.J. The property at 591 N. Union Ave. will comprise 1,162 climate-controlled and 41 traditional...

Gecko RV & Boat Storage in Roseburg, OR, Begins $1.2M Expansion

Oct 15, 2018

Gecko RV & Boat Storage in Roseburg, Ore., has begun a $1.2 million expansion that will double its size. Workers have completed the leveling and laying of the underlying groundwork for the property at 350 N.E. Pomona St., according to the...

Cainbridge Investments Opens CoolBox Self Storage in Hoover, AL

Oct 11, 2018

Real estate investment firm Cainbridge Investments LLC has opened CoolBox Self Storage in Hoover, Ala. The facility at 5215 Caldwell Mill Road comprises about 91,000 net rentable square feet in 771 units...

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