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Illinois Developer Plans New Central Eastside Portland Self-Storage
News

Illinois Developer Plans New Central Eastside Portland Self-Storage

... District. It will be the latest in a rush of self-storage development in the Portland market. “Even though there are multiple ... the Portland area, it's still a strong market for self-storage development," CBRE first vice president Cara Nolan said. That is ...

Apr 21, 2017
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3 Tempe Self-Storage Facilities Fetch More Than $8M
News

3 Tempe Self-Storage Facilities Fetch More Than $8M

... for the AA Bargain I and II Self-Storage portfolio. The two self-storage facilities have a total of 380 units ... & Wakefield senior managing director Paul Boyle said. "Self-storage facilities continue to remain popular with both investors and developers ...

Apr 05, 2017
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1279 North Milwaukee Ave., Chicago
News

Cedar St.-Led JV Completes First Phase Of Wicker Park Self-Storage Development

... in a $14.9M deal last December and decided on self-storage because Wicker Park's growing population density indicated a need ... competition in the sector within a two-mile radius. The self-storage development is part of Wicker Park Commons, a mixed-use ...

Oct 05, 2017
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South End, One Of The Nation's Hottest Multifamily Submarkets, Getting Wine-Infused Self-Storage
News

South End, One Of The Nation's Hottest Multifamily Submarkets, Getting Wine-Infused Self-Storage

... offer rental rates as much as 40% lower than other self-storage properties in the region, while generating similiar returns, Rohrer ... its ninth in the Carolinas. For Charlotte-based DMI, self-storage is an expansion from its primary specialty, which is ...

Mar 20, 2017
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Specialty REIT Acquires 530-Unit Self-Storage Facility In Sacramento
News

Specialty REIT Acquires 530-Unit Self-Storage Facility In Sacramento

... II), a public non-traded REIT, has purchased a self-storage facility near Sacramento. The five-building facility has 530 ...  stable economy and population growth. The company sees the self-storage market as "fragmented and underserved" and hopes to achieve ...

May 12, 2016
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What To Do With A Defunct Kmart? Make It Major Self-Storage
News

What To Do With A Defunct Kmart? Make It Major Self-Storage

... The Charlotte market is fully able to support more self-storage space, Aston Properties Director of Acquisitions and Dispositions ... Jamie Kneisel said. "Demand for self-storage in metro Charlotte continues to increase, and is ...

Aug 07, 2017
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A SmartStop Self Storage location at 3136 Mavis Road in Mississauga.
News

SmartREIT, SmartStop Form Self-Storage Partnership

... Asset Management to build and co-own rental self-storage facilities across Canada. The partnership will enable SmartREIT ... to intensify its shopping centres with multi-storey self-storage facilities, unlocking value in under-utilized parcels and ...

Feb 16, 2017
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Self-storage, self storage
News

5 Takeaways From CBRE's Q3 Self-Storage Survey

... cap rates and 10-year Treasuries increase, cap rates in self-storage will remain on the decline.  2) Interest Rates Not ... levels, suggesting that if cap rates continue to compress, the self-storage sector may not be as impacted by impending interest rate ...

Oct 20, 2016
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Chris Sonne, CBRE
News

These Markets Are Undersupplying Self-Storage Space

... country undersupplied when it comes to self-storage. In a recent report headed by its Self-Storage Valuation Group, CBRE named New ... has to do with zoning and entitlements,” CBRE EVP of self-storage valuation Chris Sonne (pictured) tells Bisnow. “They’re ...

Aug 30, 2016
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Leon Capital Group Gets $28M In Financing For Three Self-Storage Buildings
News

Leon Capital Group Gets $28M In Financing For Three Self-Storage Buildings

... $28M construction loan for Leon Capital Group to develop three self-storage facilities in the Pacific Northwest. One facility will be in ... 320K SF of rentable space in 3,112 climate-controlled storage units. The Vancouver site, off NE 88th Street, will have ...

Jul 18, 2018
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