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.
The Dyersburg, Tenn., Municipal-Regional Planning Commission approved a site plan on Nov. 8 for the construction of a new self-storage facility. A-1 Mini Storage will be on Hornbrook Avenue near the south bypass of U.S. Route 51. The land is...
Banner Storage Group LLC (BSG), a subsidiary of Banner Apartments LLC that buys, builds, finances and sells self-storage properties, recently opened a new facility in Malden, Mass. The three-story building at 490 Eastern Ave. comprises 125,577...
Update 11/14/18 – The DealPoint Merrill conversion of Macy’s to self-storage continues to move forward. The $8 million project will comprise more than 1,100 units at 691 Richmond Road. A previous source reported the street address number as 641...
A new The Vault Self Storage location has opened in Rock Hill, S.C. Owned by Scott Wilson of The Vault Rock Hill LLC, the property at 144 Rawlinson Road comprises 70,275 rentable square feet in 520 climate-controlled and drive-up units. Features...
Mequity Acquisitions LLC, an affiliate of real estate developer Mequity Cos., is under agreement to acquire the Hot Skates roller rink in Lynbrook, N.Y., as long as the city greenlights its plans to develop a self-storage facility on the site. The...
Real estate developer Titan Development has opened a new self-storage facility in Santa Fe, N.M. The two-story building at 2977 Rodeo Park Drive E. comprises 101,000 square feet of climate-controlled space. The site will be managed by self-storage...
The William Warren Group (WWG), a privately held real estate company that operates the StorQuest Self Storage brand, is developing a four-story facility in Hawthorne, Calif. The in-fill development site at 4959 W. 147th St. is near Los Angeles...
Update 11/8/18 – MCSS has opened its self-storage facility on 79th Street in Miami, an arterial street also known as the John F. Kennedy Causeway. The five-story structure comprises 76,050 square feet in 922 units. It’s a few blocks west of the...
