The time and cost required to build a self-storage facility have changed drastically in the past few years. Don’t be caught unaware! You need a realistic view of what to expect before you begin your next project.
Update 7/30/19 – Construction is underway on the two-story Citadel Self Storage project in the Locust Hill neighborhood of Lexington. Expected to open in early 2020, the facility will comprise 85,000 square feet in 700 units. It’ll also contain...
The empty buildings found around the country might provide a wonderful opportunity for self-storage conversion, but these projects can come with unique design challenges. By employing laser-scanning technology, developers can create a more...
Hampshire Real Estate Cos., a private real estate investment firm and self-storage operator, has partnered with former New Jersey Gov. Chris Christie and his wife, Mary Pat Christie, in launching a quality opportunity fund (QOF) targeting...
If you’re thinking about building a self-storage facility, you might have some preconceived notions about the process. The author busts some common misconceptions and shows you what to really expect.
Self Storage India has opened a second location as part of its countrywide expansion program. The new facility at New Pearl Academy, Sector 59, in Noida, Uttar Pradesh, has increased the company’s National Capital Region capacity by more than 300...
Update 7/10/19 – Storage Deluxe has completed construction on its seven-story self-storage project in Bayonne. The property at 186 E. 22nd St. is adjacent to a retail strip center and near a recently opened Costco. It’s also within 1.5 miles from...
Update 7/10/19 – The moratorium on new self-storage development in Woodland, Calif., has been extended several more times. The most recent unanimous vote, on July 2, pushed it out another 45 days as city officials continue to assess zoning...
Update 7/3/19 – U-Haul Moving & Storage of Framingham-Southborough will soon open a temporary showroom in Framingham, offering truck rentals and moving and packing supplies. U-Haul is converting the former 93,088-square-foot MetroWest Place office...
Although there’s high demand for the self-storage of boats, RVs and other vehicles, there’s a lack of supply in most states. Before building this type of project, however, you need to carefully consider your site’s feasibility.
