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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Real Capital Analytics Reveals Top Markets for Self-Storage Acquisition, Construction Activity

Sep 09, 2019

Real Capital Analytics Inc. (RCA), a firm that provides data on the commercial real estate investment markets, has published lists identifying the top 10 U.S. markets for self-storage acquisition and construction activity. The lists are part of an...

Sacramento, CA, Officials Consider Self-Storage Ban Along Stockton Boulevard Corridor

Sep 06, 2019

The Sacramento, Calif., Law and Legislation Committee voted unanimously this week to forward a proposal to the city council that would ban auto-service and self-storage businesses along the Stockton Boulevard corridor where it intersects with...

England Self-Storage Operator My Secure Receives Investment from Venturian Funding

Sep 05, 2019

England-based My Secure Self Store has received a six-figure investment from Venturian Funding & Investment Group, a family-owned private-capital firm, which it used to build its first self-storage facility. Ongoing capital infusions from...

Finding Your Prince: Deciding Whether to Buy or Build Your Next Self-Storage Facility

Sep 05, 2019

Whether you buy or build your next self-storage facility, you may have to kiss a lot of frogs before you find your prince. Here are some pros and cons to consider as you decide which to court.

Miller-Valentine, Coastal Storage Group Open 3-Story Extra Space Self-Storage Facility in Knoxville, TN

Sep 04, 2019

Update 9/4/19 – The Extra Space Storage facility developed in Knoxville by Miller-Valentine and Coastal Storage has officially opened. The facility at 111 Eubanks Ave. contains indoor and drive-up climate-controlled units. It’s 1.5 miles from the...

West Coast Self-Storage Group Opens Mixed-Use Project in DuPont, WA

Sep 04, 2019

Update 9/4/19 – WCSS DuPont WA LLC, an entity of West Coast Self-Storage Group (WCSSG), which operates 63 facilities in the Pacific Northwest, has opened its mixed-use project in DuPont. The Ace Hardware store opened in July, according to a press...

Platinum Storage Group Completes Storelocal Self-Storage Facility in Brentwood, TN

Sep 02, 2019

Update 9/2/19 – Platinum Storage has completed its four-story Storelocal facility in Brentwood, Tenn., with 760 climate-controlled units. It’s the first ground-up self-storage project branded under that name...

Archcon Self-Storage Firms Merge to Create Dallenbach-Cole Architecture

Sep 02, 2019

Self-storage architectural-design firms Archcon Architecture and Archcon Design Build have merged and rebranded as Dallenbach-Cole Architecture. In addition, senior-project manager Cheryl Cole has been promoted to associate partner...

What to Expect When You're Expecting a New Self-Storage Facility: Insight for First-Time Builders

Sep 01, 2019

Building a self-storage facility isn’t for the faint of heart! Your journey will include choosing a site, creating a budget, obtaining funds, designing the property and other important tasks before shovels hit the dirt. First-time owners...

NorthPoint Development Targets Michigan, Pennsylvania for Beyond Self Storage Development

Aug 29, 2019

Update 8/29/19 – Beyond Self Storage recently held a ribbon-cutting ceremony for a new location in Sterling Heights, Mich. The property at 6263 18 1/2 Mile Road comprises 740 units and 12 parking spaces. It features a drive-through loading...

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