The Roll Up: Weekly Self-Storage Development News 10.5.22

Bruce Goldberg
October 5, 2022

In Virginia, the Town of Herndon Planning Commission unanimously approved replacing a 40-year-old warehouse with a 30,000-square-foot Security Public Storage facility at 331 Victory Drive. The warehouse, whose tenants include the Wolf Trap Foundation for the Performing Arts, would be demolished. Next up is a public hearing before the Architectural Review Board. Demolition and construction would take about one year. Source: FFX Now

Pepperjack Palm LLC, managed by Robert Dubey, seeks an amendment for a 5.45-acre site at 925 S. State Road 7 in Wellington, FL. The project’s second phase called for 28,000 square feet of medical offices, but the developer wants to change that to 107,298 square feet of self-storage behind the restaurant. The three-story building would have 220 storage bays. The project’s value is estimated to be $7.5 million. This would be the first location in Palm Beach County for BRB Development LLC, managed by Robert A. Soudan of Northfield, IL-based Lock Up Self Storage Group, which has the property under contract. Lauren McClellan of JMorton Planning & Landscape Architecture in Palm Beach Gardens represents the developer. Source: South Florida Business Journal 

In New Mexico, the Los Alamos Planning & Zoning Commission approved a special-use permit for Columbus Capital to build a self-storage facility in the former Smith’s supermarket, which has 58,000 square feet in the Mari-Mac Center. Smith’s moved out in 2014. The self-storage portion would be required to reapply in 5.5 years. Source: Los Alamos Reporter 

Lyman Real Estate Brokerage announced that Moove In Self Storage bought a three-story building at 208-210 Salem Turnpike near the Walmart-Big Y plaza, in Norwich, CT. Ron Lyman, Lyman CEO, said the building and just under 2 acres of land were sold to Rick Hansberry of Moove In for $2 million, with the buyers planning a new facility in the 87,000-square-foot building. Moove In is based in York, Pa. The company has facilities in Connecticut, Pennsylvania, Maryland, New Jersey, Massachusetts and Iowa. Source: The Day

Longtime Chattanooga, TN developer Clint Wolford of Wolford Development is proposing self-storage and restaurants for a new retail center on a 6.3-acre East Brainerd Road parcel near Heritage Park. He hopes the city will rezone the parcel from residential to commercial. Source: Chattanooga Times Free Press 

Completed

Turlock Self Storage opened at 528 Dianne Drive in Turlock, CA between Fulkerth Road and West Main Street. It is offering a one-year price guarantee. Turlock is part of Smart Self Storage, which has 12 additional storage facilities in California. Source: PR Web

Under construction

A new storage complex with several buildings is going up on Highway 3, north of Poulsbo city limits, in North Kitsap, WA along Highway 3. The Cooppertop Storage Poulsbo site will have about 100,000 square feet of storage space. Doug Nelson and his wife Karina own the site. Some of the space will be allocated for boats and RVs. The site is about 5 acres and is between Ryen Drive and Highway 3, near the Snyder Park baseball fields. The Nelsons bought the site for $950,000 in August 2021. Completion is expected in late June 2023. Source: Kitsap Sun

Spartan Investment Group announced that an expansion has begun for an additional self-storage building (above) at 4044 County Road 384 in Tyler, TX. The existing FreeUp Storage Tyler will add nearly 54,000 square feet of storage, including two climate-controlled buildings and 15 RV/boat storage spots. The property is Spartan’s third one in Tyler to undergo improvement. Spartan is based in Golden, CO. Source: Spartan Investment Group

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