The SpareFoot Storage Beat

[...] at just from all of the buzz,” Todd Amsdell, president of Amsdell Companies, told The SpareFoot Storage Beat. “It came across as an area that was growing, and we did some further investigation and [...]

[...] and 2007. Some of those people are not going to be able to refinance,” Malagisi told The SpareFoot Storage Beat. Instead, many operators likely will be looking to sell their facilities, according to [...]

[...] led more roundtable discussions than just about anyone in the industry,” Sutton told The SpareFoot Storage Beat. “In short, he was a great educator who seemed to love teaching people about his [...]

[...] Malagisi, national director of self-storage at Sperry Van Ness Commercial Realty. The SpareFoot Storage Beat has identified 17 self-storage projects that secured New York City building permits in [...]

[...] being proposed, Fresno, CA-based Derrel’s Mini Storage is building what will be its 55th self-storage facility. The facility, at Goshen Avenue and Demaree Street in Visalia, CA, will offer 200,000 [...]

[...] Ken Edelman and Alan Potamkin have received the go-ahead to build a 22,500-square-foot self-storage facility Miami Beach, FL. This isn’t your typical facility. The pair tapped architect Manny [...]

[...] A long-planned self-storage facility in the Jamaica Plain section of Boston is closer to becoming reality after the developers [...]

[...] Pegasus Group, operator of Central Self Storage, paid $439 per square foot for a self-storage facility in Berkeley, CA, near San Francisco and Oakland. Pegasus Group paid $11.2 million for the [...]

[...] ’s three self-storage REITs.” Johnson has shepherded the purchase of more than 135 self-storage facilities since joining SmartStop. “We will continue to buy a range of properties, from single [...]

[...] registered, non-traded REIT, Strategic Storage Trust II paid $22.1 million for five self-storage facilities in the Raleigh, NC, and Myrtle Beach, SC, areas. The five facilities, which had operated [...]

[...] Self-Storage Almanac, National Storage Affiliates ranks as the sixth largest operator of self-storage facilities in the U.S., based on square footage, and as the largest independent operator. National [...]

[...] units. The facility was built in 2000 and expanded in 2004. A local investor bought two self-storage facilities in Mobile, AL, for $1.27 million. The facilities, branded as Schillinger Mini Storage, [...]

[...] Murphy Brothers Contracting has broken ground (pictured at top) on a 40,000-square-foot self-storage facility in Mamaroneck, NY. The facility, at 416 Waverly Ave., is expected to open in May 2015. [...]

[...] growth in the Dallas-Fort Worth, TX, market, Amsdell Companies bought a 123,000-square-foot storage facility in the suburb of Fate for $6.05 million. According to local property records, Citigroup [...]

[...] Publicly traded self-storage REIT Sovran Self Storage recently bought a storage facility near Orlando, FL, for nearly $200 per rentable square foot — one of the highest per-square- [...]

[...] StorageMart is being forced to shut down a storage facility in Brooklyn, NY — one of the country’s most competitive self-storage markets — to make way [...]

[...] , a real estate REIT, invests in self-storage, office, retail and industrial properties. Extra Space Storage manages five of the newly acquired properties; CubeSmart manages the two others. The seven [...]

[...] Aggressive rental rates during the busy summer season drove growth for Extra Space Storage during the third quarter. The average rent at the self-storage REIT’s same-store locations [...]

[...] an industrial building by Quincy, MA-based The Grossman Companies in 2004. Until recently, Extra Space Storage had managed the facility for the owner. We had a tremendous amount of interest in this [...]

[...] feet [of self-storage] traded hands in Austin,” Bellomy told The SpareFoot Storage Beat. Extra Space Storage recently took ownership of this facility in Austin, TX. That figure includes the recent [...]

[...] acquisitions by The SpareFoot Storage Beat found that they are a mix of existing self-storage facilities and other types of buildings that are slated for conversion. Eyeing U.S. and Canada Carlos [...]

[...] infusion of capital, LifeStorage now has at least $220 million at its disposal to bid on storage facilities. “We are excited about our partnership with TPG and are poised to quickly lever its deep [...]

[...] . The group had hired Sovran to manage the facility. Uncle Bob’s operates more than 500 storage facilities in the U.S., including 12 in the Virginia Beach-Norfolk-Newport News metro area. Additional [...]

[...] will spend at least two years in prison for committing five armed robberies at Public Storage facilities. Zachary Paul, 32, of Milton, MA, admitted robbing three Public Storage facilities in [...]

[...] has put a stake in the ground in the country’s fastest-growing metro area. The storage operator recently held a ribbon-cutting ceremony for its newly acquired facility (pictured [...]

[...] continues to ramp up its development activity in the Chicago market. On Oct. 15, the storage operator bought a piece of land on West 95th Street in Chicago’s Beverly neighborhood for what [...]

[...] as an active shareholder.” Large player in growing market GuardeAqui is the leading self-storage operator in Brazil, where only about 90 self-storage facilities are operating. GuardeAqui owns 10 [...]

[...] .7 million. Same-store performance Solid same-store performance has helped bring the storage operator into the black. At its 109 same-store locations, revenue rose 7.8 percent during the [...]

[...] for those exploring the industry for the first time, as well as a go-to source of news for storage operators, brokers and investors. As 2014 comes to a close, The Storage Beat looked back to see which [...]

[...] markets on the company’s radar include Dallas, TX, and Denver, CO. The post 8 independent storage operators to watch in 2015 appeared first on The SpareFoot Storage Beat. [...]

[...] getting dumped in the same spot can really get extend that time,” Clark said. The post Storage operators racing to develop in New York City appeared first on The SpareFoot Storage Beat. [...]

[...] of National Storage Affiliates, said in 2013 that the REIT envisioned having 10 to 12 storage operators in the alliance. Big and getting bigger Northwest Self Storage is one of the three co- [...]