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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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...

CubeSmart Self-Storage Facility to Replace Church in Gastonia, NC, Retail Center

Oct 11, 2018

Self-storage real estate investment trust (REIT) and third-party management firm CubeSmart has transformed a portion of the Family Christian Center (FCC) in Gastonia, N.C., into 330 storage units, with the intent to convert the entire 10,000...

Natchez Group Opens Northshore Self Storage in Chattanooga, TN

Oct 10, 2018

Update 10/10/18 – The Natchez Group has opened Northshore Self Storage in Chattanooga. The facility comprises 53,146 square feet of rentable storage space in 541 interior, climate-controlled units. It’ll serve the communities of North...

Home Star Storage to Convert Mableton, GA, Warehouse to Self-Storage

Oct 10, 2018

Home Star Storage LLC, which operates four self-storage facilities in Florida, is converting a former office and warehouse to self-storage in Mableton, Ga. It’ll be the company’s first location in the state, according to a press release...

Strategic Storage Trust Acquires Land for Self-Storage Development in Oshawa, Ontario

Oct 10, 2018

Strategic Storage Trust IV Inc. (SST IV), a public non-traded real estate investment trust (REIT) sponsored by SmartStop Asset Management LLC, has acquired a 2-acre vacant lot in Oshawa, Ontario, Canada, on which it plans to build a self-storage...

Self-Storage Entrepreneurs Build Storage Doctors Facility in Ashtabula, OH

Oct 09, 2018

Entrepreneurs Steve Bartone and Jarrod Dixon are developing a 100-unit self-storage facility on 2.5 acres in Ashtabula, Ohio. The Storage Doctors at 3203 Fargo Extension will consist of three structures comprising 9,400 square feet. About 30 units...

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