New Development & Openings

U-Haul

 

U-Haul broke ground last week on a new Sioux Falls center that will house 1,400 rentable self-storage units when completed in early 2025. The eight-acre property will host a pair of three-story buildings, each encompassing 700 climate-controlled self-storage units with 24-hour customer access. Units will have high-end security features at affordable prices.

Compass Self Storage

Compass Self Storage, a member of the Amsdell family of companies, has opened a brand-new, state-of-the-art wine storage cellar at its existing Jupiter, Fla., facility—a previous recipient of Messenger’s Facility of the Year award. The high-end wine cellar was designed and built for wine enthusiasts and collectors, with specific humidity levels and a specialty room conditioning system that is supported by a backup generator. It offers a variety of wine storage vault sizes, all of which include free, electronic keyless entry access. The wine cellar has custom cabinets designed for maximum capacity, with separate and secure access for each customer. Compass also offers wine racks to help maximize the storage space.

Compass Self Storage
Go Store It Self Storage

Go Store It Self Storage, a subsidiary of Madison Capital Group, has converted a former grocery store in Savannah, Ga., into a state-of-the-art self-storage facility. The 93,677-square-foot property offers 801 climate-controlled units and secure access.

U-Haul

After purchasing 12.9 acres in Junction City, Kan., U-Haul has announced its plans for a new retail, moving, and self-storage center. U-Haul Moving & Storage of Junction City, which will be the company’s first owned and operated facility in Junction City, is expected to be completed by spring 2026. Development plans include two three-story building with a total of 900 climate-controlled units, covered RV spaces, and a warehouse for U-Box portable storage containers.

Storex Self Storage

The former Cottage Linen Factory in Watford, U.K., has been converted into a new, fully automated storage facility. Storex Self Storage, which is scheduled to open on April 13, offers a keyless storage through an app and QR codes. Each unit is individually alarmed and tenant access throughout the site is restricted to the floor on which their unit is located. Additional Storex facilities are planned for Cricklewood in London, Brentwood, and Sunbury.

Storex Self Storage
Nona Cove Self Storage

After breaking ground in 2022, Futura, in partnership with Linkvest Capital, has completed the development of Nona Cove Self Storage, a four-story, 90,000-rentable-square-foot facility on 2.2 acres in Orlando, Fla. The property, which operates under Extra Space Storage management, is part of FUTURA at Nona Cove, a master-planned community spanning 17 acres. It offers climate-controlled storage and features an 8,000-square-foot retail component, covered loading bay, electrical access in units, electronic gate access, video surveillance, and RV and boat parking.

Nona Cove Self Storage
East Penn Self Storage

East Penn Self Storage has opened its newest location, a 25,290-rentable-square-foot facility in Allentown, Pa. It offers 296 climate-controlled units and is equipped with cameras, access control features, loading docks, and carts.

East Penn Self Storage
Stor-It Self Storage

Stor-It Self Storage is opening its sixth facility this month. The new property, located in Port Orange, Fla., is more than 100,000 square feet and offers more than 600 units. It also has storage space for RVs, boats, and vehicles.

Stor-It Self Storage
U-Haul

U-Haul is in the process of building a three-story structure in Elk Grove, Calif., with 122,000 square feet and 1,300 units. U-Haul Moving & Storage of Elk Grove will offer climate-control options and a warehouse for storing U-Box containers. The company plans to employ at least 20 people when it is fully operational in a few weeks.

U-Haul
Diamond Point Development

Diamond Point Development recently opened a CubeSmart facility in Danbury, Conn. It is comprised of 105,000 gross square feet.

Diamond Point Development
Class A Boat & RV Storage

Class A Boat & RV Storage, a new facility with fully enclosed units and pull-through covered steel canopy units has opened in New Braunfels, Texas. The facility also offers dump stations, restrooms, 110-amp power outlets, and an air station as well as 24/7 video surveillance, lighting, a fenced-in perimeter, and an electronic gate.

Class A Boat & RV Storage
BCDC / Bakke

BCDC and Bakke Development Corp. have started on the development of a 773-unit facility on 2.6 acres in Weslaco, Texas. The three-story, 86,975-net-rentable-square-foot facility is the companies’ sixth collaboration. It will include cutting-edge security features, such as 24-hour CCTV monitoring, keypad access, and individually secured storage areas. Independent Contractors, Inc. is serving as the general contractor, while Halff Associates will oversee civil engineering. Alamo Architects, Inc. led the architectural design and IBC Bank provided the construction loan. The project is expected to be completed in early 2025.

SecureSpace

SecureSpace has opened a new facility in San Bernardino, Calif. SecureSpace Self Storage San Bernardino is a state-of-the-art facility offering climate-controlled units in a range of sizes and advanced security features, including 24/7 video surveillance, individually alarmed units, and access control.

CubeSmart

Diamond Point Development, LLC, in partnership with Castle Hill Investors, LLC, has opened a 90,000-square-foot CubeSmart Self Storage facility in Poughkeepsie, N.Y. It offers 67,000 rentable square feet of storage and 640 climate-controlled units. CubeSmart will serve as the property management company for the Class-A facility.

CubeSmart
SecureSpace

SecureSpace Self Storage has opened a new facility in the Greenwood area of Seattle, Wash. SecureSpace Self Storage Seattle Greenwood offers temperature and humidity control, as well as advanced security features that include 24/7 surveillance, individual unit alarms, and access control.

SecureSpace
TBD

A Stafford Township zoning board meeting earlier this month determined what kind of commercial building would be best for an undeveloped site in West Creek, N.J. The options included a 46,975-square-foot self-storage facility, a car wash, and a tavern. Though some residents were opposed to having a third self-storage facility in the area, others were on board as it would generate less traffic than a car wash or tavern. After the developer presented an altered plan for the property to the board, one that had reduced the original footprint by 3,000 square feet and made alterations to the landscaping, driveways, and signage, the application for the two-story facility with 700 to 750 units and two loading bays was approved.

Manok Investments Property

A 75,000-square-foot self-storage project in Laredo, Texas, which broke ground in August 2023, is scheduled to be completed by July 28, 2024. Owned by Manok Investments, the facility has an estimated cost of $1.5 million. It is being designed by NOMA Design Studio.

U-Haul

Construction has begun on a three-story, 125,000-square-foot U-Haul facility on 13.3 acres in Manheim, Pa. U-Haul Moving & Storage Lancaster will offer 1,295 climate-controlled units as well as rentals of U-Haul moving trucks and trailers. The project, which is slated to open in March 2025, will also include a separate warehouse for portable moving containers.

Go Store It

The joint venture of Madison Capital Group and BCDC has begun construction on its second self-storage facility in Charlottesville, Va. Go Store It Self Storage Charlottesville, a 704-unit facility, is being developed by BenCo Construction (the general contractor), JMN Architecture, and Shimp Engineering. The five-story, 92,000-square-foot facility is expected to open in early 2025. It will feature interior loading areas, 24/7 security, and climate-controlled units.

Go Store It
SecureSpace Self Storage

A new, 87,365-square-foot facility developed by InSite has opened in San Bernardino, Calif. Operating under the SecureSpace Self Storage brand, the three-building, Class-A facility is situated on a 4.3-acre lot and offers climate-controlled units, AI-enabled security cameras and sensors, an open concept workspace, Wi-Fi, packing supplies, gated access, and carts and dollies.

SecureSpace Self Storage
One Stop Self Storage

One Stop Self Storage has opened a new facility in Milwaukee, Wis. This is the company’s largest location; it’s easily accessed via major thoroughfares and offers a wide range of unit sizes to accommodate various needs.

One Stop Self Storage
SecureSpace Self Storage

SecureSpace Self Storage has opened a new self-storage facility in San Bernardino, Calif. SecureSpace San Bernardino is a Class-A facility with 87,365 square feet of climate-controlled interior and drive-up units, as well as an amenity-rich leasing office with free WiFi, an open concept workspace, packing supplies, and friendly staff. It’s also equipped with SecureSpace’s proprietary high-security platform that includes AI-enabled cameras and sensors.

U-Haul

After purchasing 1.76 acres in Lawrenceville, Ga., U-Haul has announced plans for a new, multistory facility with more than 700 units. U-Haul Storage at Buford Drive is scheduled for completion by the end of 2025. This will be the first U-Haul-owned and -operated facility in Lawrenceville. In addition, U-Haul will open a new, 700-unit facility on 4.46 acres in Urbandale, Iowa.

Lok'n Store

Lok’n Store has received formal planning permission for a new 84,000-square-foot facility in London that would be the company’s largest property to date. Lok’n’Store has more than 40 facilities in the U.K. It recently opened sites in Basildon and Kettering and is planning to launch new sites in Staines and Bromborough later this year. Lok’nStore Chair Andrew Jacobs said, “We continue to deliver on our strategy of opening more new stores in the under supplied self-storage market. We have made significant progress on our new store pipeline with the Basildon store opening in December 2023, the Kettering managed store in February 2024, and two more stores due to open in 2024 in Staines and Bromborough. These new stores are anticipated to add further momentum to sales, earnings and net asset growth.”

Lok'n Store
Devon Self Storage

Devon Self Storage has announced the grand opening of its brand-new state-of-the-art storage facility in York, Pennsylvania. The facility offers a variety of unit sizes and amenities such as climate control options, online payment options, and friendly onsite staff.

Devon Self Storage
Honolulu Self Storage

Baranof Holdings announced the opening of Honolulu Self Storage at 868 Queen Street in Honolulu, Hawaii. The property is managed by Extra Space. The facility features 1,61 units, climate controlled units, and security with electronic gate access.

Honolulu Self Storage
U-Haul

A new U-Haul facility will be coming to Rapid City, S.D. The company has acquired 7.5 acres of land upon which U-Haul Moving & Storage of Catron Blvd. will be built. Property plans include a three-story building with more than 80,000 square feet and at least 900 indoor ADA-accessible units with high-tech security features as well as a separate warehouse for storing its U-Box containers. The project is expected to be completed in early 2025.

SureStore

SureStore, part of the Wilmslow-based Flexiss Group, has opened a new, 55,000-squre-foot facility on a 1.4-acre site in Southport, U.K. SureStore Southport, which the company calls a fourth-generation facility, boasts 500 storage units and offers last-mile logistic units, a van hire partnership with Hertz, and vehicle parking spaces. It’s also equipped with the Noke Smart Entry system, solar panels, and EV chargers. The development was made possible with investment partners Seneca.

SureStore
Bakke Development

In a joint venture with BCDC, Bakke Development has broken ground on an 85,825-rentable-square-foot facility in McAllen, Texas. This three-story development, which marks the fourth project for the partnership, will offer 762 climate-controlled units. It is scheduled to open in the first quarter of 2025.

Complete Self Storage

Complete Storage has opened its newest state-of-the-art, temperature-controlled facility in Salem, Ill. Property features include advanced security controls and 24/7 access.

Complete Self Storage
Go Store It

Go Store It, an affiliate of Madison Capital Group, has opened a 120,033-square-foot, Class-A facility on 2.3 acres in Jacksonville, Fla. The newly built, three-story facility offers 775 climate-controlled units. Amenities include covered loading, drive-up units, 24-hour video surveillance, electronic building access, security fencing and lighting, moving and packing supplies, as well as dolly and flatbed carts. The project was subject to an $8.5 million construction loan in 2022 that was provided by Susser Bank.

Go Store It
Extra Space Storage

In Toms River, N.J., the township’s planning board approved a plan by Extra Space Storage, Inc. to expand its facility just east of the turn-off onto Fischer Boulevard. The approval permits the Extra Space to construct a new, three-story, 39,050-square-foot building to be used in conjunction with the existing Extra Space Storage facility; the approved plans also include parking, stormwater, landscaping, and related site improvements.

Extra Space Storage
DXD Capital

DXD Capital has completed a 71,335-rentable-square-foot facility on 2.4 acres in Lithia Springs, Ga. DXD Capital purchased the land in June 2022 and construction began in March 2023. The Class-A, three-story property is being managed by Public Storage. It offers 703 climate-controlled units.

DXD Capital
U-Haul

U-Haul has acquired two construction sites for developments that are scheduled for completion in 2026. Plans for the Ingram Park facility on 11 acres in San Antonio include a three-story building that will offer 750 climate-controlled units. Development plans for the 10-acre Payson, Ariz., site include an 80,000-square-foot, three-story building that will offer 600 units with climate-controlled options and a separate warehouse for portable storage containers. Amenities at the U-Haul facilities will include towing equipment, boxes and moving supplies, RV and vehicle storage, hitch installation, portable storage containers, video surveillance, and online payment.

U-Haul
Go Store It

Go Store It, an affiliate of Madison Capital Group, has opened a 70,000-square-foot facility on three acres in Monterey Park, Calif. The newly constructed, three-story building offers 802 climate-controlled units as well as a variety of amenities. The project, which broke ground in November 2022, was subject to a $14 million construction loan that was originated by Farmers and Merchants Bank of Long Beach.

Go Store It
U-Haul

U-Haul Moving & Storage of Apache Junction has opened for business in Apache Junction, Ariz. The three-story facility offers 900 units, climate-control options, high-tech security features, 144 covered RV spaces with electric hookups, and a warehouse to store more than 650 U-Box containers.

SecureSpace Self Storage

SecureSpace Self Storage has opened a newly built facility in Philadelphia, Pa. SecureSpace Philadelphia Grays Ferry is Class-A property offering 104,992 square feet of climate-controlled space, free WiFi, an open concept workspace, packing supplies, and a state-of-the-art security system.

Recreational Storage Group

A 2.3-acre property in Stratford, N.J., that had been previously identified as in need of redevelopment by the city is now under contract. The building, which formerly housed an auto repair business, along with its underdeveloped lot, may be redeveloped into a three-story, 107,100-square-foot self-storage facility with 16 parking spaces and two loading bays. Recreational Storage Group, the property redeveloper, is seeking redevelopment approval. The site is a few blocks from a newly built 49-unit townhouse development.

SNL Storage

SNL Storage has purchased a 32,400-square-foot industrial property on 1.9 acres in Copiague, N.Y., for $5.2 million. SNL Copiague LLC, an affiliate of SNL Storage, plans to demolish part of the existing structure and construct a three-story, 38,890-square-foot self-storage facility on the site. Chris Lynch of FMC Realty Associates represented the buyer, while Marvin Hartman of Pliskin Realty & Development represented the seller, Samson Realty LLC, in the sales transaction.

U-Haul

U-Haul Moving & Storage of Palmetto, a three-story, 75,561-square-foot facility with 1,200 units and an 8,705-square-foot U-Box warehouse, has opened in Florida. U-Haul began construction of the Palmetto facility in 2022. Customers have access to truck and trailer rentals, boxes and moving supplies, towing equipment, professional hitch installations, U-Box containers, and propane in the near future. 

Amazing Spaces Storage Centers

Amazing Spaces Storage Centers has opened its seventh property. The ten-story facility, which is situated on an 0.67-acre site and serves the Greenway, Upper Kirby, and River Oaks communities of Houston, is the tallest ground-up storage building in Texas. Its amenities include a complimentary conference room, individual workstations, free Wi-Fi, package acceptance services, reception area, individually ventilated climate-controlled units, and an entire floor dedicated to premium wine storage.

Acorn 54 LLC

Acorn 54 LLC has new plans for a new, four-story mixed-use development in Wesley Chapel, Fla. The approximately 100,000-square-foot project will include retail establishments and self-storage.

StorageMart

StorageMart has opened a new 41,070-square-foot facility in Woodbridge, Ont., with 368 climate-controlled units. StorageMart plans to introduce 469 more units by spring next year, increasing its rentable square footage to 89,635.

Storage Units Capital

Storage Units Capital has opened a four-story, Class-A facility on three acres in the Orlando suburb of Ocoee, Fla. The 79,605-rentable-square-foot property offers 766 climate-controlled units as well as two retail spaces on the bottom floor and 30,000 square feet of corporate office space for Storage Units Capital and its affiliate Rapid Construction Solutions on the fourth floor.

Manhattan Mini Storage

Manhattan Mini Storage, a New York City portfolio owned by StorageMart, is expanding into Brooklyn and Queens—a decision the company says underscores its commitment to urban living, customer convenience, and affordability. Completion of the redevelopment of its first facility outside of Manhattan is scheduled for this month. Chief Development Officer Weyen Burnam says, “We will implement new gated access technology that includes an app experience to provide customers more control over their account, allowing them to assign temporary user codes to a family member or guest, see their unit access history, and more.”

Manhattan Mini Storage
Knickpoint Ventures

Knickpoint Ventures is developing 36th Street Storage, a 98,488-rentable-square-foot, climate-controlled facility in Miami with 1,160 units, 24/7 surveillance, keypad entry, and gated loading and parking areas. Knickpoint acquired the one-acre site for $4.6 million in 2022. The Aztec Group arranged $18.3 million in construction financing for the project. 

Go Store It

Go Store It, an affiliate of Madison Capital Group, has converted a 70,147-rentable-square-foot office building on four acres in Pensacola, Fla., into a self-storage facility. The two-building, two-story property has 530 climate-controlled units. Amenities include video surveillance, keypad access, moving and packing supplies, security lighting and fencing, as well as dolly and flatbed carts for on-site use.

Go Store It
EZ Werks Storage

EZ Werks Storage, a fully automated self-storage facility, is now open in Cypress, Texas. The business features 24-hour video recording, smart gates, smart units, and individual unit alarms, as well as flexible rental options, online billing, and 24/7 access.

ClearHome Self Storage

ClearHome Self Storage has opened a new, Class-A facility on six acres in east Longmont, Colo. The property offers more than 81,000 rentable square feet through more than 700 units, a mix of climate controlled and drive-up units, and 46 uncovered boat and RV parking spaces. Construction of the facility began in fall 2022.

True Storage

True Storage has converted an old Food Lion store into a climate-controlled self-storage facility with more than 80,000 net rentable square feet of space divided into 969 units. Day-to-day operations will be managed by CubeSmart, while True Storage retains ownership of the property. The site also includes a Dollar Tree and a Goodwill.

Diamond Point Development LLC

Diamond Point Development LLC plans to develop a 99,600-square-foot facility in Auburn, Maine, to accommodate the area’s seasonal and work-from-home residents. Situated on 5.33 acres, the 75,000-rentable-square-foot property will have two stories and a basement level and offer 750 climate-controlled units. The project, which is expected to open in March of 2025, broke ground Dec. 11. Diamond is partnering on the project with the Ardent Cos.; together they have built other Class-A self-storage facilities along the East Coast. TPD Construction is the general contractor for the development, and construction costs are likely to exceed $5 million.

Storelocal Storage

Storelocal Storage recently celebrated the groundbreaking of its newest Storelocal Storage facility in Surprise, Ariz. The 178,000-retable square foot facility will offer climate-controlled units, state-of-the-art RV bays, and drive-up units. “The groundbreaking presents opportunities not only for the Surprize, Ariz., community, but for potential investors, who can now join this venture during the development phase,” said A.J. Osborne, CEO of Cedar Creek Capital. The facility is expected to be completed in the spring of 2025.

Storelocal Storage
SecureSpace Self Storage

SecureSpace Self Storage has opened a new self-storage facility in Seattle, Wash. SecureSpace West Seattle is a Class-A facility with 97,922 square feet of climate-controlled space and a state-of-the-art security and monitoring platform. Its office offers free WiFi, an open concept
workspace, and packing supplies.

Shurgard

Shurgard, the largest developer, owner, and operator of self-storage facilities in Europe, has opened a new, approximately 70,000-square-foot facility in Chiswick (Inner West London). It offers around 1,140 units throughout several floors and is outfitted with Shurgard’s e-Rental solution to enable online rentals and contactless transactions. Direct project cost (excluding absorption cost) is estimated to amount to GBP 21.2 million (nearly $27 million USD). Shurgard currently has five other properties under development in London.

StorageMart

StorageMart has opened a new, 82,159-rentable-square-foot facility in Indianapolis, Ind. It offers 785 climate-controlled units, 24/7 video surveillance, PIN entry access, moving and packing supplies, and motion sensor lighting, as well as online and phone reservation options. Alex Burnam, senior vice president of acquisitions, says, “We are truly thrilled to extend our presence in Indiana. With its generous storage options and advanced security features, this facility will be a valuable resource for both residents and businesses in the Indianapolis area.”

Diamond Point Development, LLC

Diamond Point Development, LLC (DPD), in partnership with Castle Hill Investors, LLC, has opened an Extra Space Storage branded facility in Springfield, Mass. The Class-A, 100,000-square-foot property has 700 units totaling 72,000 rentable square feet. It offers both climate-controlled and drive-up units. 

Diamond Point Development, LLC
VanWest Partners

VanWest Partners has opened its latest development project in Longmont, Colo. It is operated by the firm’s wholly owned self-storage management company ClearHome Self Storage. Situated on six-plus acres, the Class-A facility consists of more than 700 units and over 81,000 rentable square feet as well as 46 uncovered boat and RV parking spaces.  Construction began in the fall of 2022.

VanWest Partners
Go Store It

Go Store It, an affiliate of Madison Capital Group, has broken ground on a Class A, 109,000-square-foot facility on 9.4 acres in Nashville, Tenn., with more than 1,000 units. The four-story, climate-controlled property, which is scheduled to open in the fall of 2024, will mark Go Store It’s ninth property in the state.

Go Store It
VanWest Partners 

VanWest Partners has broken ground on a five-story, 93,000-square-foot facility in Denver. The property will be branded and managed by ClearHome Self Storage. It is slated to open in the first quarter of 2025. The development team includes Galloway Architecture and Waner Construction. Yardi Matrix data shows that the developer funded the project with a $13.7 million construction loan, originated by Wintrust Bank, with a maturity date set for 2028.

VanWest Partners 
Blackstone

A joint venture (JV) between Blackstone and Hong Kong-based StoreFriendly has acquired an industrial building in Hong Kong’s New Territories for approximately HK $560 million ($72 million USD). The JV plans to convert the Tsuen Wan property into a self-storage facility. The transaction marks the partnership’s fifth en bloc purchase in Hong Kong since StoreFriendly and Blackstone established the joint venture in 2021; the partners have acquired more than HK $2.5 billion ($320 million USD) worth of Hong Kong industrial properties to date. The Hale Weal industrial building has approximately 140,000 square feet across 17 stories. CBRE represented both parties in the transaction.

Blackstone
Public Storage

A Florida developer has received approval from Mount Laurel Planning Board for a three-story, 151,008-square-foot self-storage facility. Storage of Mt. Laurel LLC of Boca Raton, Fla., will be built on a 3.88-acre site beside a U-Haul Moving Storage facility. It will include 1,083 units and serve a large apartment complex that’s being built nearby. Site renderings show the property with Public Storage branding

U-Haul

U-Haul is developing a 168,400-square-foot self-storage facility on an eight-acre site in Princeton, Texas. It will include a four-story, 130,000-square-foot storage building and 30,000-square-foot warehouse, as well as 8,400 square feet of single-story, drive-up storage buildings. The project is scheduled to open in June 2024.

McNab Self Storage

Currently under construction, McNab Self Storage in Pompano Beach, Fla., will feature storage bays, storefronts, and restaurant space. It will include 8,000 square feet of commercial space divided into seven bays and 47 parking spots, with the first floor reserved for commercial tenants and the upper four floors dedicated to self-storage. Diversified Companies, the firm constructing the building for the owner, McNab Grove, Inc., estimates it will be finished and ready to occupy by the first quarter of next year.

McNab Self Storage
Compass Self Storage

Compass Self Storage, a member of the Amsdell family of companies, proudly announces the opening of their brand new state-of-the-art, Class A self storage center located at 848 Seven Hills Connector in Acworth, Georgia.  This location has over 70,000 net rentable square feet and represents the company’s 18th location in the state of Georgia.

The newest Compass Self Storage location offers smart lock units on every unit. Customers can use an app on their smartphone (or a key fob) to access the smart lock on their unit, and they never have to remember to bring a key. They can also securely provide access to designated family or contacts that may need to visit the unit.

Compass Self Storage
Sentry Self Storage

Sentry Self Storage, a leading provider of self-storage solutions, today announced the grand opening of its new state-of-the-art facility in North Boca Raton, Florida. The new facility offers 93,000 square feet of rentable storage space, as well as a variety of features and amenities designed to meet the needs of both residential and commercial customers. Read more.

Sentry Self Storage
BDC Holdings, Inc.

The Turgeon/Spain families sold a site in Wethersfield, Conn., for $565,000. The buyer, BDC Holdings Inc., plans to build an 84,920-square-foot self-storage facility on the approximately 12-acre site.

LSC Development LLC 

LSC Development LLC has converted two three-story office buildings on a 5.6-acre lot in Glenview, Ill., into a self-storage facility with 176 spaces for vehicle parking. LSC added a one-story structure to connect the two buildings. The 81,113-net-rentable-square-foot, climate-controlled buildings have 74 storage units and two covered loading bay areas.

<p><strong>LSC Development LLC</strong><span> </span></p>
Dunamis Development

Dunamis Development, an Indiana-based real estate investment and development company, has announced the opening of five new self-storage locations: a three-story, 80,975-net-rentable-square-foot, climate-controlled facility in Bonita Springs, Fla.; a 101,119-net-rentable-square-foot facility in Cape Coral, Fla.; a 94,193-net-rentable-square-foot facility in Ellenwood, Ga.; a three-story, 82,100-net-rentable-square-foot, climate-controlled facility in Ormond Beach, Fla.; and a three-story, 86,600-net-rentable-square-foot, climate controlled facility in Port Orange, Fla. Dunamis’ other projects include developments in Illinois, Indiana, Michigan, and Ohio.

NitNeil Partners

NitNeil Partners, in a joint venture with Seamless Capital, a leading real estate investment firm based in Austin, Texas, will be replacing a first-generation building within an Opportunity Zone in East Austin into a new 112,000-square-foot facility on the 1.5-acre site. Construction is expected to be completed in December 2024.

StorageMart

StorageMart has opened a state-of-the-art facility in Toms River, N.J., with a total of 956 drive-up and interior units and more than 82,800 net square feet of climate-controlled space. Its amenities include a covered loading bay, a large elevator, and high-tech security features.

StorageMart
Blue Rock Storage Newtown

A Ribbon-cutting ceremony will be held in Newtown, Conn., this week for Blue Rock Storage Newtown, a climate-controlled facility that offers a variety of packing and moving supplies from Supplyside. Blue Rock Storage Newtown is owned by Alan Benaim.

Inland Private Capital Corporation

Inland Private Capital Corporation (IPC) and Devon Self Storage Holdings has converted a former newspaper processing plant in Springfiled, Mo., into an approximately 81,500-square-foot, Class-A self-storage facility. The 731-unit facility is the ninth self-storage redevelopment delivery on behalf of an affiliate of IPC. About 75 of the units are climate controlled; there’s also an interior drive-through lane and management office.

U-Haul

U-Haul has acquired four acres of industrial land in Vernon, B.C., Canada, for the development of a state-of-the-art, multistory facility more than 100,000 square feet in size. The project, which will offer more than 700 units with climate-controlled features, is expected to be completed by the fall of 2025.

SecureSpace

SecureSpace Self Storage has opened a new self-storage facility in Manhattan, N.Y. SecureSpace Manhattan has 88,630 square feet of climate-controlled space. 

SecureSpace
Compass Self Storage

Compass Self Storage, a member of the Amsdell family of companies, has opened a brand-new, self-storage facility in Wildwood, Fla. The state-of-the-art, Class-A property has over 82,000 net rentable square feet of storage. It offers drive-up climate-controlled units and features two covered loading bay areas as well as smart locks on each unit. This is the company’s 26th location in Florida. 

Compass Self Storage
Safeguard Self Storage

Safeguard Self Storage has completed a significant parking expansion project at its 515-unit, climate-controlled facility in Seffner, Fla. The expansion added 53 new parking spaces, 38 of which are covered spaces that feature electrical hookups; the Seffner Safeguard Phase II now features a total of 26,400 net rentable square feet dedicated to parking.

“We are delighted to unveil the expanded parking facilities at Safeguard Self Storage in Seffner,” says Ken Finlay, COO at Safeguard Self Storage. “This enhancement aligns with our dedication to providing exceptional storage solutions that cater to the unique needs of our customers.”

Hunt Midwest

Hunt Midwest is building its sixth and largest StorTropolis facility in Olathe, a southwest suburb of Kansas City, Kansas. The development, located next to Walmart and Aldi, will total 112,987 rentable square feet and offer 867 climate-controlled units. It is slated to be completed in September 2024. Storage Asset Management (SAM) will operate the facility. 

Inland Private Capital Corporation & Devon Self Storage Holdings

Inland Private Capital Corporation and Devon Self Storage Holdings recently celebrated the completion of an 807-unit self-storage property located in Warren, Michigan. The newly converted 87,000-square-foot facility previously functioned as a 94,000-square-foot vacant manufacturing center.

Nearly 75 percent of the units provide climate-controlled conditions, with an interior drive-through lane and management office. The remaining land and parking area outside the facility will be converted to exterior non-climate controlled space expected to open in 2023.

This marks the eighth self-storage development completed on behalf of IPC at a location only 13 miles north of Detroit. 

Inland Private Capital Corporation & Devon Self Storage Holdings
SecureSpace

SecureSpace today announced the opening of a newly built SecureSpace Self Storage facility located at 1014 Chesley Ave, serving the city of Richmond in the San Francisco Bay Area. Strategically located north of downtown between both Interstate 80 and the Richmond Parkway, SecureSpace Richmond is a newly built class A facility that offers 120,079 square feet of 100% climate-controlled self-storage space with drive-up and interior units ranging from 5’x5’ to 10’x40’, along with 280 RV parking spaces. 

Safeguard Self Storage

On Oct. 25, Safeguard Self Storage opened its newest facility in the Ludlow section of Yonkers, N.Y. The eight-story, 120,000-rentable-square-foot facility offers 1,586 climate-controlled units and a 3,600-square-foot office on the first floor. It also features three loading bays with an indoor, 4,000-square-foot loading area and a selection of drive-up units, which is not a common unit type within its market. Safeguard Self Storage Yonkers-Ludlow is located near the Riverdale neighborhood of The Bronx and the College of Mount Saint Vincent and serves one of the most densely populated communities in the United States, accommodating more than 300,000 people within three miles.

Safeguard Self Storage
Cornell Capital Holdings

Allegany Crossing Self Storage, a new facility owned by Cornell Capital Holdings, opened quietly this week in Allegany, NY. Taking over a former K-Mart, the 21-acre site includes the 100,000-square-foot building, which was renovated inside and out, with about 60,000 square feet for indoor climate-controlled storage and the remainder for retail, commercial or light manufacturing. The site also includes outside storage space. Life Storage will run and manage the self-storage facility.

<span>Cornell Capital Holdings</span>
Basis Industrial

Basis Industrial has opened a 111,000-square-foot self storage facility in Plymouth, Mass. The property will be managed by Public Storage. The company purchased the land in November 2021 for $3.5 million in an off-market transaction with a private seller, and broke ground on the project in March 2022. According to Yardi Matrix data, the development was financed with a $10.7 million construction loan secured in September 2022 from TD Bank. Constructed in two phases, project was completed in 16 months. The three-story building was developed on 2.1 acres at 5 Resnik Road, near the Plymouth Municipal Airport and 40 miles from Boston. The facility features 806 climate-controlled units. The Public Storage brand offers units ranging from 25 to 250 square feet, with on-site amenities that include video surveillance, electronic gate access, moving supplies and keypad access.

Basis Industrial

Extra Space

Charlotte County Commissioners have approved expansion of an existing Extra Space facility in Port Charlotte. The three-story storage facility built in 2018 at 4536 Tamiami Trail next to Pioneers Pizza will expand to accommodate customer demand, said architect David M. Davenport, who represented the owner of the facility. The current total square footage of the facility is 105,000 square feet, and demand has been great with occupancy at 95% to 99%, Davenport said. There would be no change to the stormwater configuration, Planning and Zoning official Shaun Cullinan said. 

<p>Extra Space</p>
U-Haul

Phoenix-based U-Haul Holding Co. (NYSE: UHAL) is planning to build a large self-storage facility with truck and trailer rentals and a store as part of its expansion efforts. The project will be developed across 10 acres at the northwest corner of Lower Buckeye Road and 59th Avenue, just east of the Loop 202 in west Phoenix, an area that has seen substantial housing growth in recent years. The U-Haul Moving and Storage Store facility will comprise 1,111 storage units in a three-story building and one-story building including some auxiliary mini-storage units totaling about 134,126 square feet.

U-Haul
SmartStop

SmartStop Self Storage REIT, Inc. has opened an approximately 78,000-square-foot, Class-A facility in San Gabriel, Calif. The former industrial property was recently converted into a three-storage building with approximately 790 units, drive-up access, climate control, and video surveillance.

EDC

EDC, a full-service construction firm based in Midlothian, Va., has announced the completion of a seven-story Extra Space project in Hyattsville, Md. The 126,954-square-foot facility has 1,441 units and three underground stories. The project was constructed through a partnership between Johnson Development, SAA Architects, and EDC.

StorSafe

A StorSafe facility in Michigan City, Ind., will be expanding by 10,665 square feet with the addition of 82 climate-controlled units. The project also includes a new on-site water management system to collect and clean stormwater, together with a loading dock for semi-trucks and moving vans. The facility will include 384 climate-controlled units after the expansion is finished. 

StorSafe
SecureSpace

SecureSpace Self Storage has opened a new, four-story facility in Los Angeles, Calif. SecureSpace Downtown Los Angeles is a 99,009-square-foot, climate-controlled facility that features a state-of-the-art security system and a modern lobby equipped with free WiFi, an open-concept workspace, and moving and packing supplies.

Go Store It

Go Store It has opened a new facility in the Whitehall Technology Park of Steele Creek, N.C., a suburb of Charlotte. Liberty Construction served as general contractor in the renovation of the existing vacant space; the two-story property offers 73,655 square feet of space and more than 600 units.

Go Store It
SecureSpace Self Storage

SecureSpace Self Storage has opened a new self-storage facility in the Glenwood community in Philadelphia, Pa. SecureSpace Philadelphia Glenwood is a newly built Class-A facility with 120,260 square feet of climate-controlled self-storage space. It offers free WiFi, an open-concept workspace, packing and moving supplies, and AI-enabled cameras and sensors that provide a state-of-the-art security and monitoring platform. Philadelphia Glenwood, which is managed by the company’s National Security Team, is SecureSpace’s first operating store in Philadelphia proper and complements its two nearby developments and three operating stores in the greater Philadelphia MSA.

Go Store It

Go Store It has opened its newest facility in Baton Rouge, La. The two-story, 86,680-square-foot facility offers more than 550 storage units, climate-controlled features, 24-hour video surveillance, and electronic gate access.

Go Store It
BestBox Storage

BestBox Storage will soon open four locations in northeast Houston: two in New Caney, one in Porter, and one in Houston. BestBox Storage has nine facilities across the U.S. and plan to open a fifth Texas location in Downtown Houston in 2024.

CrownPoint Group / Lamar

A joint venture between CrownPoint Group Inc. (CPG) and Lamar Cos. has acquired a 1-acre parcel in Newark, N.J. The partnership plans to develop a six-story, 1,200-unit, 135,000-square-foot, climate-controlled facility. The city council has approved the construction plans. After completion, it will operate under the Extra Space Storage name. Since its founding in 2013, CPG has invested in and developed more than 2.5 million square feet of storage space valued at more than $500 million.

SurePoint Development

Construction of SurePoint Development’s latest development is slated to begin in the spring of 2024. The three-story facility, located near the corner of Highway 46 and FM 1863 in New Braunfels, Texas, will consist of 94,000 rentable square feet of climate-controlled space. CubeSmart will manage the Class-A facility. Clint Wynn, Robert Loeb, Jeff Bailey, and Brian Cisarik, the San Antonio-based developers of SurePoint Development, currently operate five locations in the San Antonio area; their third Houston location will open in Conroe next summer.   

SurePoint Development
West Coast Self-Storage

West Coast Self-Storage has opened its newest location, West Coast Self-Storage Del Sur, a 1,116-unit, 99,400-rentable-square-foot, climate-controlled facility in San Diego, Calif. Designed by Jackson | Main Architecture and built by RDS Contracting Inc, West Coast Self-Storage Del Sur features a covered loading bay, freight elevator, office/retail store. Security measures include 24-hour recorded video monitoring, pin-code-controlled access, and LED lighting. 

The property, owned and developed by Northwest Building, LLC, is managed by West Coast Self-Storage Group. 

2GR Equity & Connell Realty Services

2GR Equity and Connell Realty Services Inc. have completed the construction of Lone Star Self Storage, a three-story, 76,000-square-foot facility in Waxahachie, Texas. Merriman Anderson Architects provided architectural and interior design services for the 570-unit property.

2GR Equity & Connell Realty Services
Safeguard Self Storage

Guardian Storage has opened its second newly constructed property in Pennsylvania’s Lehigh Valley, located in Lower Macungie. The three-story site, which was constructed by Arco Murray and designed by Desmone Architects, offers 86,650 rentable square feet of climate-controlled space and a mix of approximately 730 drive-up and interior units.

Guardian Storage

Guardian Storage has opened its second newly constructed property in Pennsylvania’s Lehigh Valley, located in Lower Macungie. The three-story site, which was constructed by Arco Murray and designed by Desmone Architects, offers 86,650 rentable square feet of climate-controlled space and a mix of approximately 730 drive-up and interior units.

Noah's Ark Storage

Noah’s Ark Storage recently opened a new facility in Bronston, Ky. The property utilizes a state-of-the art security system, including 24/7 surveillance and secure access codes. It also features drive-up access, concrete floors, LED lighting, electricity access on timers, and blacktopped drive.

Noah's Ark Storage
Red Oak Capital Holdings LLC

Red Oak Capital Holdings LLC provided United Storage 360 LLC with a $5.5 million bridge loan for the purchase and conversion of a vacant Kmart in Englewood, Ohio. The 85,000-square-foot property will be converted into a 60,000-square-foot, 546-unit, Extra Space Storage-branded facility. Renovations are expected to be completed by the end of the year.

Red Oak Capital Holdings LLC
McCann Mini Storage

After a recent expansion, McCann Mini Storage in Carpinteria, Calif., now has over 600 units. McCann Mini Storage is managed by West Coast Self-Storage.

U-Haul

A ground-breaking ceremony was held on Sept. 14 for the construction of a new U-Haul facility in Lebanon, Pa. The 60,880-square-foot, 830-unit site will be operated by U-Haul Moving & Storage, an existing facility across the street from the new location. It is slated to open in September of 2024. 

Mountain Top Storage

Mountain Top Storage is expected to open in the spring of 2024. The 63,445-rentable-square-foot, climate-controlled facility in Tehachapi, Calif., will have state-of-the-art security features.