Heitman LLC Acquired a Self-Storage Site in Galway, Ireland

Heitman LLC (“Heitman”), a global real estate investment management firm, today announced the acquisition of a self-storage site in Galway, Ireland, further establishing their U-Store It business as the leading provider of self-storage facilities across the country. This transaction, undertaken in furtherance of Heitman’s global core plus focused strategy, reinforces Heitman’s conviction in the European self-storage market and the growth potential in Ireland in particular. This bolt-on acquisition follows the firm’s acquisition of the U-Store It self-storage platform in Ireland in 2022, a transaction driven by strong demand/supply fundamentals. The…

Stracathro Estates Lodge Bid for 112-Container Self-Storage Site Near Brechin (Scotland)

The business hopes the East Mains of Keithock diversification would fill a gap in self-storage provision in north Angus. Stracathro Estates have submitted a diversification scheme to Angus Council which would see old farm buildings at East Mains of Keithock converted to house the new business. The site sits on the northern edge of Brechin, close to the Dundee to Aberdeen dual carriageway. And the estate says the creation of the new facility would fill a gap in north Angus. The nearest available site is in Montrose. There are a…

Attic Self Storage Celebrates the Grand Opening of Self-Storage Facility in Sunbury, England

Attic Self Storage proudly celebrated the official opening of its newest facility in Sunbury, with a ribbon-cutting ceremony led by the Mayor of Spelthorne, Councillor Med Buck. The event, held at their brand-new storage facility located at Self Storage House, 8 Hanworth Road, Sunbury-on-Thames, was attended by members of the Attic team, partners, investors, suppliers, local charities, customers, and local businesses. The gathering marked a significant milestone in Attic’s expansion, strengthening its commitment to serving both domestic and business storage needs across London. The evening featured music, drinks, and a…

Plaza Collection Plans to Convert Car Dealership to Fashion HQ, Self-Storage in Salford, England

Fashion retailer Plaza Collection has submitted an application to redevelop a former Lookers showroom on Bury New Road. The £7m plans are in two parts: an infill structure to connect the two former showroom buildings that currently occupy the 1.4-acre site and a standalone five-storey self-storage scheme. Plaza Collection, which has been trading since the 1980s, is currently based on Broughton Street in nearby Cheetham Hill. The linked former showrooms will be used by Plaza Collection as its new headquarters. The building would provide 23,200 sq ft of accommodation and…

Woodbourne Group Enters Self Storage Sector With Acquisition in Black Country, England

Woodbourne Group has announced plans to build a pipeline of self-storage facilities, beginning with a multi-million-pound development in the West Midlands. The commercial developer and investor will start with the £9m redevelopment of a 1.03-acre site at Pedmore Road, Brierley Hill, Dudley. A 31,750 sq ft industrial building will be repurposed to create a 50,000 sq ft self-storage facility, bringing investment to the area and generating new employment opportunities. The development will involve recladding, reroofing, and reconfiguring the entrances to suit the requirements of a modern self-storage unit. Located on…

PET Group Expands with Launch of Self Storage Units in Crewe (England)

PET Group, a well-established name in Crewe’s construction and hire services sector, is proud to announce the launch of its newest venture: PET Self Storage Units. This expansion marks a significant milestone for the company, broadening its portfolio to meet the growing demand for flexible storage solutions in Crewe and surrounding areas. Crewe, Cheshire – September 16, 2024 – PET Group, a well-established name in Crewe’s construction and hire services sector, is proud to announce the launch of its newest venture: PET Self Storage Units Crewe [PET Self Storage UK].…

JLL Assists Clear Sky Capital Expansion into UK Following Success in U.S.

  $184M in self-storage financings closed this year on behalf of Clear Sky JLL Capital Markets announced today that it has assisted Clear Sky Capital on its expansion into the UK through a $121 million refinancing of an 18-property self-storage portfolio located across London, the South-East and South-West of the UK. The UK expansion follows the success in the U.S., in which JLL first advised on a $65 million institutional recapitalization with $40 million in go-forward equity for strategic growth at the end of 2022, and has since arranged $62 million…

Big Yellow Gets Planning Approval for Two Self-Storage Projects in London

Self-storage operator Big Yellow Group announced progress on two major London projects on Monday, securing planning consent for a total of 307,000 square feet of storage space across two locations. The FTSE 250 firm said it received approval at appeal for a 176,000-square-foot development adjacent to the Kensington Olympia events centre, which was currently undergoing a £1.3bn redevelopment. It said the site would also be near what is set to be the largest theatre built in London since the 1970s. The new storage facility was slated for completion in 2027.…

Huge Self Storage Facility Poised for Approval on Power Road in Chiswick (England)

A site in Chiswick which has been vacant for nearly a decade could finally be set to be developed. Council officers are recommending approval for a self-storage facility at 250 Gunnersbury Avenue by the junction with Power Road. Hold Propco 1 Limited, which operates Hold Self Storage, also intends to include flexible office and light industrial space in the building which will be 30 metres high, roughly the same as the Shurgard Self Storage facility next door. The quarter acre site is currently occupied by a three/four storey office building…

Self-Storage Plan Approved for Former NatWest Offices in Bolton (England)

Permission has been granted to change the use of 3 Parklands off De Havilland Way, which was formerly home to departments of the bank. Orbit Developments is behind the proposals which will see almost 25,000 sq ft converted into self-storage or office space, with a single-storey link to be created to the multi-storey car park next door, which already has a secure self-storage business on the ground-floor. This additional floor space would enable that self-storage business to expand according to a planning statement submitted by Orbit, part of The Emerson…