Self Storage
Titan Bank Announces the Acquisition of Its Third Self Storage Property through Funding Loan
Titan Bank, NA announced the acquisition of a 342 unit Self Storage property in Austin through the funding of a $985,000 loan, marking its third Self Storage property. With this transaction they now own and manage approximately 1,000 self-storage units.
Strategic Storage Trust Pays $6.7M for Hampton Self-Storage Facility
A self-storage facility located in Hampton, Va. has recently changed hands. Strategic Storage Trust, Inc. (SSTI) has paid approximately $6.7 million for the property at 1343 Big Bethel Road. It is the publicly registered non-traded REIT’s second acquisition in the area.
W. P. Carey Buys Self-Storage Property in Greater Orlando
W. P. Carey Inc. took a dynamic start this year, having recently announced that one of its publicly held non-traded affiliates, CPA®:18 – Global acquired two Florida self-storage facilities last month, one of which is located in the Greater Orlando, Fla. area.
LifeStorage Opens New Facility in Chicago’s West Loop
LifeStorage has recently announced the opening of its new self storage venue in the rapidly growing, historic Chicago West Loop neighborhood.
The Chicago-based self storage provider for residential and commercial clientele, LifeStorage, was founded in 2002 with a single storage facility and has since then grown to 49 storage facilities in eight states.
Car Condos to Replace Former GM Property in Pontiac
A large piece of vacant land on Woodward Avenue in Pontiac that once used to serve as a validation facility for auto giant General Motors Co. will be reinvented as the ultimate destination for car enthusiasts. A joint venture between Birmingham-native and entrepreneur Brad Oleshansky and Revitalizing Auto Communities Environmental Response (RACER) broke ground this week on the first phase of M1 Concourse—a $40 million to $60 million investment that will transform the 80-acre site into an automotive event complex and recreational test track.
$25M Tampa Bay-Area Self-Storage Portfolio Up for Sale
A three-property, 2,250-unit portfolio owned by Safeguard Self Storage is now on the market, with Marcus & Millichap Real Estate Investment Services in charge of finding a buyer.
Nabisco Becomes U-Haul Self-Storage Location; Urban Farm Receives Grant for Solar System
By Veronica Grecu, Associate Editor AMERCO Real Estate, the parent company that owns U-Haul International based in Phoenix, AZ, has recently acquired one of Detroit’s historic buildings, the 250,000-square-foot National Biscuit Company (Nabisco) located at 899 West Baltimore Street, expanding its network of self-storage locations in the city. The company’s acquisition is part of the […]
- « Previous
- 1
- …
- 68
- 69
- 70