News

City officials in Cape Coral, Fla., are considering an ordinance that would ban new self-storage development on Pine Island Road, a 9.4-mile stretch of State Road 78. The area has seen an explosion of new development in the past two years. The...

Jernigan Capital Inc. (JCAP), a merchant bank and advisory firm serving the self-storage industry, has acquired development-partner interests in eight projects it recently financed. On Feb. 14, it took full ownership of two facilities in Boston...

The Self Storage Association (SSA) recently stopped an effort by the National Fire Protection Association (NFPA) to add a sprinkler mandate to its Life Safety Code, known as NFPA 101. The measure would have retroactively required the installation...

Gulf Warehousing Co. QPSC (GWC), a provider of logistics and supply-chain solutions, has opened GWC Self Storage in Doha, Qatar. It’s part of GWC Bu Sulba Warehousing Park, a 500,000-square-meter project made possible through a partnership between...

John Gilliland, president and CEO of the Investment Real Estate (IRE) Group of Companies, which specializes in self-storage brokerage, construction and management, recently appeared on the Central Pennsylvania version of “The Shrimp Tank,” an...

Update 2/19/20 – Public Storage Inc., a U.S.-based real estate investment trust and third-party management firm, and New York-based private-equity firm Warburg Pincus LLC have also made bids to acquire NSR. Public Storage has offered $2.40 per...

Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of activity happening in February 2020...