Will the Self-Storage Sector Rebound from 2016 Setback?

A planned 100,000-sq.-ft. facility in West Palm Beach, Fla. appears to break new ground in how self-storage properties are developed. Aside from 830 climate-controlled self-storage units, the mixed-use project will also include 1,200 sq. ft. of rentable retail space on the ground floor. This is part of a larger effort on the part of municipalities to restrict the development of …

Harrison Street Real Estate Capital Acquires Portfolio of 15 Self-Storage Properties

Investment-management firm Harrison Street Real Estate Capital LLC (HSRE), which has extensive interests in “needs-based” real estate, including self-storage, has acquired a portfolio of 15 self-storage properties in Arizona, California, Colorado and Minnesota. Together, the assets comprise approximately 1.4 million net rentable square Read More>>Inside Self Storage

Creative Investment Strategies for Self-Storage Acquisitions

Successful investment in self-storage can be accomplished through several strategies, all with varying levels of risk and reward. Here are three creative options: commercial condominium acquisitions, bridge-loan financing and joint-venture equity partnerships. Read More>>Inside Self Storage

Self-Storage Could Be Banned From Parts of Downtown Charleston, SC

Officials in Charleston, S.C., may tighten restrictions on self-storage, including banning the business use from its urban commercial district near downtown. The planning commission is expected to consider the action on Wednesday, along with reclassifying self-storage from a conditional use to a special exception in areas of the city zoned for Read More>>Inside Self Storage

3 Ways to Increase Your Self-Storage Curbside Appeal

Maintaining the visual appeal of your self-storage facility is imperative. If the building looks like it is dirty or falling apart from a distance, you are going to be pushing away paying customers. No owner wants this, but you also do not want to end up spending thousands of dollars just to improve the look […]   Read More>>ministoragemessenger.com

GHK Cape Fear Development Proposes Self-Storage Project for Wilmington, NC

Commercial real estate developer GHK Cape Fear Development intends to build a self-storage facility on a vacant 4-acre lot in Wilmington, N.C. The facility at 1101 S. 17th St. would comprise 76,000 square feet. The land is zoned for light-industrial use, which allows self-storage under certain conditions. GHK is under contract to purchase the Read More>>Inside Self Storage

The Top 3 Legal Threats for Self-Storage Operations in 2017

The best way to reduce your business liability is to understand your risks and adjust your practices accordingly. The top legal threats for self-storage operators in 2017 fall into three categories: technology, ADA accessibility and court intervention. Read More>>Inside Self Storage

Jernigan Capital Invests in Atlana Self Storage Facility

The project involves the conversion of an existing building and the construction of a new climate-controlled facility. Vinings, Ga.— Jernigan Capital Inc. has closed a $13.6 million investment for a proposed self-storage project in Vinings, the company announced recently. The developer of the project is Mequity LLC, an Atlanta-based real estate development company specializing in self-storage facilities. Read More>>Real Estate …