News

Update 5/16/22 – The Draper Family has encountered environmental and parking issues in its quest to build a self-storage facility in Danbury, Connecticut. The city has concerns about flooding on the site, forcing the developers to return to the...

Update 5/16/22 – Ferber Co. held a groundbreaking ceremony on May 12 for its mixed-use project in Pembroke Park, Florida. The self-storage facility will be operated by industry real estate investment trust Extra Space Storage Inc. and branded...

Spartan Investment Group, a privately held real estate firm specializing in self-storage, has received two workplace awards. “Inc.” magazine honored the company with a position on its annual 100 list of “Best Workplaces for 2022,” and the “Denver...

Storage Post LLC, which operates more than 30 self-storage facilities in Louisiana, New Jersey and New York, will receive up to $500 million from a fund sponsored by Almanac Realty Investors to pursue acquisitions nationwide. The partnership will...

Self-storage will be the featured setting in the upcoming movie adaptation of “Cold Storage,” a science fiction/horror novel written by David Koepp. Academy Award nominee Liam Neeson and “Stranger Things” actor Joe Keery will headline the cast...

Update 5/12/22 – StoreAway has secured more than £16 million in expansion capital shortly after the launch of its flagship site in Liverpool, England. The investors are Nash Business Capital, a principal lender to small and medium enterprises in...

Attic Self Storage, which operates five locations in London, has launched a children’s charity art initiative to celebrate the upcoming launch of its new facility in Beckton, an East London suburb. The program invites local students to submit...

Kayne Anderson Real Estate, the investment arm of Los Angeles-based Kayne Anderson Capital Advisors L.P., has closed its fourth debt fund after receiving $1.875 billion in capital commitments. The Kayne Anderson Real Estate Debt IV (KARED IV)...

Montreal Mini-Storage (MMS), which operates 19 self-storage facilities in Quebec, Canada, has acquired five properties in the Laurentians region of the providence for $40 million. The purchase adds nearly 1.5 million square feet and 1,500 units to...

Update 5/11/22 – The coroner’s court in Hong Kong has ruled that the two firefighters who perished in 2016 while battling a four-alarm blaze at SC Storage in the Amoycan Industrial Centre died by misadventure. Deputy Coroner Philip Wong applied...