SELF STORAGE NEWS

Inside Self Storage

• Brooks Chadwick Capital Seeks to Build 3-Story Self-Storage Facility in Marietta, GA
  Brooks Chadwick Capital LLC, a privately held real estate investment company, is seeking zoning approval to add a three-story self-storage facility to a mixed-use property it’s developing in Marietta, Ga. The company received the green light last f…
  - 5 Feb 18, 8:23pm -
• Natchez Group Develops Self-Storage Facility in Hendersonville, TN
  Self-storage developer The Natchez Group received preliminary approval in late December to build a new facility in Hendersonville, Tenn. The company is working with the city’s planning department to finalize the project design and hopes to break gr…
  - 5 Feb 18, 8:18pm -
• First Neck Self-Storage Group Raises $50M for Property Acquisitions
  First Neck Self-Storage Group LLC, a joint venture between asset-management and investment-advisory firm CSM Capital Corp. and real estate investment and management company Self-Storage Capital Partners (SSCP), has raised $50 million with the intent…
  - 5 Feb 18, 8:16pm -
• Strategic Storage Growth Trust Acquires Ground-Up Self-Storage Development in Pembroke Pines, FL
  Update 2/5/18 – SSGT has formally acquired the newly constructed self-storage facility in Pembroke Pines. The SmartStop location is slightly smaller than originally announced, comprising 84,000 square feet in 870 units. The building configuration d…
  - 5 Feb 18, 8:10pm -
• Self-Storage Could Be Part of Mixed-Use Development in New Berlin, WI
  
  - 5 Feb 18, 7:59pm -
• Self-Storage Manager Accused of Stealing More Than $100K in Mount Zion, IL
  The former manager of Mount Zion Self-Storage in Mount Zion, Ill., was arrested on Wednesday under suspicion that she embezzled more than $117,000 during a five-year period. Tamme R. King, 56, received a preliminary charge of theft over $10,000 after…
  - 2 Feb 18, 9:09pm -
• 7-Story CubeSmart Self-Storage Facility Planned for Uptown Charlotte, NC
  East 7th St LLC, a company affiliated with real estate developer Proffitt Dixon Partners, intends to build a seven-story self-storage facility in the Uptown area of Charlotte, N.C. The climate-controlled structure will be built on a 1-acre site at 96…
  - 2 Feb 18, 8:37pm -
• Liberty Investment Properties, Osprey Capital Open Extra Space Storage Facility in St. Petersburg, FL
  Liberty Investment Properties Inc., which develops and operates commercial real estate, has opened a new self-storage facility in downtown St. Petersburg, Fla., in partnership with lender Osprey Capital as well as some private investors. The four-sto…
  - 2 Feb 18, 8:27pm -
• Ocean Storage/Bay Storage Opens New Location in Norfolk, VA
  Ocean Storage/Bay Storage, which operates self-storage facilities in North Carolina and Virginia, has opened a new location in Norfolk, Va. The multi-story property at 801 W. Little Creek Road comprises more than 66,000 square feet of storage space i…
  - 2 Feb 18, 7:33pm -
• Lumpkin Development to Convert Former Sears to Self-Storage in Birmingham, AL
  Lumpkin Development has purchased a defunct shopping mall in Birmingham, Ala., with the intent to convert it to mixed-use property that will include self-storage inside a former Sears store. The company acquired the 65-acre Century Plaza on Crestwood…
  - 2 Feb 18, 7:04pm -