Industry News

Pogoda Companies Closes a Deal 3 Years in the Making

Pogoda Companies is pleased to announce the recently closed sale of Lions Den Storage in Chesterfield, Michigan. Mark Floria, Pogoda’s Self Storage Investment Broker, represented the seller in this transaction.  Sold by MP Assets, LLC, this property contains 261 units in 49,290 square feet of space. ...
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Andover Properties Closes on “RoboVault” in Florida

Andover Properties, LLC (dba Storage King USA), in Partnership with Angelo Gordon, has just acquired RoboVault Self Storage, an 82,000 square foot facility in Ft Lauderdale, Florida, further expanding its presence in the state. The company has already completed 14 transactions in Florida and has another development weeks away ...
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Thrifty Storage
Andover Properties Closes on “Thrifty Storage” in Florida

Andover Properties, LLC (dba Storage King USA) has recently acquired Thrifty Storage, a 23,650 net rentable square foot facility in Pensacola, Florida, marking its 14th purchase in the state, on the heels of completing a prior transaction in the state just two weeks earlier.   The property, ...
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Storage Units
Andover Properties Closes on “Ace Storage” in Florida

Andover Properties, LLC (dba Storage King USA) has recently acquired Ace Storage, a 62,000 net rentable square foot facility in Polk City, Florida. The deal is its thirteenth purchase in the state, and its sixth transaction under its partnership with Angelo Gordon.   The property, currently consisting ...
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Storage King USA
Andover Properties closes on land deal in Homestead, Florida

Andover Properties, LLC (dba Storage King USA) has recently closed on a 3-acre parcel in Homestead, FL on which it intends to build a 110,000 square foot self storage facility.   According to Brian Cohen, President at the company, “the site is in a great location. It ...
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Woman swimming
Westy Self Storage Helps Swim Across America Fight Against Cancer

By Alex Hassel, For the seventh year in a row, Westy Self Storage in Stamford, Conn., is making a splash with Swim Across America (SAA). SAA volunteers and swimmers in Southwest Connecticut continue to lead the fundraising charge for cancer research, prevention, and treatment with ...
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U-Box containers being removed off of truck
U-Haul Offers Free Self Storage to Flood Victims in Lawton, OK

By Alex Hassel, U-Haul is offering a helping hand to flood victims in Lawton, Okla. After heavy rains caused flooding that damaged homes and even required water rescues, the company is offering 30 days of free self storage and U-Box container usage to those who ...
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Solar panels on roof
STORBOX Self Storage in Pasadena Is Nearly 100% Self-Sufficent

By Alex Hassel, When it comes to electricity, STORBOX Self Storage and The Wine Grotto in Pasadena, Calif., are almost completely self-sufficient. The Pasadena Star-News reports that Brett Barnard, owner of the adjoined businesses, had 744 solar panels installed on the building's roof, making it ...
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Main Street in Lincolnwood, IL
Lincolnwood, IL Bans Self Storage Development for a Year

By Alex Hassel, The self storage market isn’t getting much of a welcome in Northern Illinois. The Chicago Tribune reports that Lincolnwood lawmakers announced a yearlong ban of any new self storage development in the municipality’s commercial zoning districts. This comes after a proposal to ...
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Mockup of self storage facility in Denver, CO
William Warren Group Brings Four Self Storage Developments to Denver

By Alex Hassel, William Warren Group Inc. (WWG), a self storage development, acquisition, and management company based in Santa Monica, Calif., is making big moves in Denver, Colo. The Colorado Real Estate Journal reports that WWG has two developments under construction in the city and ...
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Compass Self Storage location
Compass Self Storage Hits Milestone with 70 Facilities

By Alex Hassel, Compass Self Storage, part of Amsdell Companies, is celebrating a new landmark. The company recently acquired a storage facility at 6307 Licking Pike in Cold Spring, Ky. This marks Compass Self Storage’s 70th facility in its portfolio across the U.S. Located at AA ...
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View of NYC skyline from Brooklyn
Metro Self Storage Builds New Facility in Brooklyn

By Alex Hassel, As crowded as it is in New York City, it's no easy feat to build a brand new self storage facility. But Metro Self Storage recently announced that it's done exactly that. The state-of-the-art storage development in the Sheepshead Bay neighborhood of ...
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Two men carrying large box down a flight of stairs
StorSmart Offers Free Moving and Storage for Domestic Violence Victims

By Alex Hassel, There's new relief for domestic violence victims in Berrien County, Mich., StorSmart Self Storage has recently teamed up with the county’s Safe Shelter for Domestic Violence to offer free services for victims of domestic violence. Gil Logan, owner of four StorSmart locations in ...
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Man reviewing surveillance camera footage
On-Site Manager Foils Self Storage Burglary

By Alex Hassel, A self-storage owner in Spring Township, Pa. has learned the true value of having an on-site manager, especially in the middle of the night. WFMZ-TV reports that two men are behind bars after allegedly burglarizing dozens of units at  Stor4You Self Storage. The ...
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Historic ceiling in U-Haul Moving & Storage at Kingshighway facility
U-Haul Self Storage Facility Uncovers Historic Ceiling Art

A U-Haul self storage facility in St. Louis, Mo., has quickly become a popular destination for the area’s art community. U-Haul Moving & Storage at Kingshighway reintroduced renowned sculptor Isamu Noguchi’s illuminated ceiling in the lobby of the building, a famed piece of modern art ...
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