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• Brooks Chadwick Capital Seeks to Build 3-Story Self-Storage Facility in Marietta, GA

  Mon, 05 Feb 2018 20:23:00 GMT

  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 fall to repurpose the 13.8-acre Mountain View Elementary School at 3448 Sandy Plains Road. The

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• Natchez Group Develops Self-Storage Facility in Hendersonville, TN

  Mon, 05 Feb 2018 20:18:00 GMT

  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 ground in the spring, according to a press release.

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• First Neck Self-Storage Group Raises $50M for Property Acquisitions

  Mon, 05 Feb 2018 20:16:00 GMT

  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 to acquire storage properties in primary and secondary markets. The funding round will be used to

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• Strategic Storage Growth Trust Acquires Ground-Up Self-Storage Development in Pembroke Pines, FL

  Mon, 05 Feb 2018 20:10:00 GMT

  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 didn’t change, according to a press release. The project was completed last month.

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• Self-Storage Could Be Part of Mixed-Use Development in New Berlin, WI

  Mon, 05 Feb 2018 19:59:00 GMT

  Update 2/5/18 – Several residents who could be impacted by the VentureSpace proposal to replace the former Prospect Hill Elementary School with self-storage and commercial condos spoke against the project last week. Those living near the site didn’t like the prospect of an industrial development in the neighborhood, according to the

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• Self-Storage Manager Accused of Stealing More Than $100K in Mount Zion, IL

  Fri, 02 Feb 2018 21:09:00 GMT

  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 an investigation uncovered missing business deposits and questionable deposits into King’s

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• 7-Story CubeSmart Self-Storage Facility Planned for Uptown Charlotte, NC

  Fri, 02 Feb 2018 20:37:00 GMT

  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 969 E. 7th St., and comprise 90,725 net rentable square feet in more than 1,080 units.

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• Liberty Investment Properties, Osprey Capital Open Extra Space Storage Facility in St. Petersburg, FL

  Fri, 02 Feb 2018 20:27:00 GMT

  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-story structure comprises 92,000 square feet in about 600 units.

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• Ocean Storage/Bay Storage Opens New Location in Norfolk, VA

  Fri, 02 Feb 2018 19:33:00 GMT

  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 in 497 units. The property offers climate control, covered loading bays, and a retail store that

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