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.

Projects Stall and Lending Tightens as Self-Storage Copes With Coronavirus

May 06, 2020

The economic impact of the coronavirus pandemic has self-storage owners, developers and lenders all trying to adjust. Read insight from four experts on how developers and financiers are coping so far and what they can expect during the next few...

Knowing When to Phase Your Self-Storage Development Project (and What It’s Worth to Do So)

Apr 29, 2020

Phasing a self-storage development comes with many benefits, including the opportunity to save money; but it doesn’t work in every situation. Here’s how to know if this approach is right for your next project.

Self-Storage Manager/Operator The Jenkins Organization Hires Senior Engineer

Apr 24, 2020

The Jenkins Organization Inc. (TJO), a Houston-based real estate company specializing in self-storage acquisition and disposition, development, and property management and ownership, has hired Peter Cairns as senior engineer, based out of the...

How to Confidently and Successfully Navigate the Self-Storage Site-Selection Process

Apr 24, 2020

Finding the perfect site for a self-storage development project is a careful process that takes a lot of research, plenty of patience and a critical eye. Here’s how to navigate the course with confidence and, ultimately, success.

Adams Property Group Converts Grocery Store to Self-Storage in Williamsburg, VA

Apr 16, 2020

Update 4/16/20 – Adams Property Group began converting the former Farm Fresh store to self-storage in January. The interior work for Merrimac Trail Self-Storage required a “lot of demolition,” according to Coupland. “We are expecting, coronavirus...

Self-Storage Development and Zoning Activity: April 2020

Apr 16, 2020

Update 4/16/20 – 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...

The Impact of COVID-19 on Self-Storage Development and Construction: Builders Offer Insight and Advice

Apr 15, 2020

All facets of the self-storage industry have been touched by the coronavirus pandemic, including construction and development. Suppliers discuss what to expect if you plan to build a project in the coming months and how they’re helping their...

Preparing for Launch: How to Minimize Stress and Ensure Success When Opening a New Self-Storage Facility

Apr 12, 2020

nce construction is complete on your brand-new self-storage facility, then comes the hard work of making it operational and preparing for opening. It’s exhilarating but also nerve-wracking! Here’s some prep you can do to ensure your site comes out...

6 Steps to Lure Investment Funding for Your Next Self-Storage Project

Apr 11, 2020

Enticing investors to your self-storage acquisition or development project can be nerve-wracking. Here are six steps to lure funds for your next project.

Transacting in Turbulent Times: The Impact of Coronavirus Across All Segments of the Self-Storage Industry

Apr 06, 2020

The coronavirus pandemic creates challenges across all aspects of the self-storage industry. Learn how the crisis is affecting tenants, owners, managers, suppliers, developers, investors and lenders, and how communication is crucial to navigating...