After a rigorous sale process, we have no doubt that Davidson Kempner/Pithos Capital will continue to develop the company as the U.K.’s largest independent self-storage provider, and we look forward to following its progress.” – Cathy and Keith Taylor, UK Storage Co. Ltd An investor syndicate comprised of funds advised by Davidson Kempner Capital Management LP and Pithos Capital has acquired UK Storage Co. Ltd., which operates 28 freehold and leasehold self-storage facilities across the United Kingdom. The company’s portfolio comprises about 900,000 rentable square feet in 11,000 units, according…
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South Wales-Based Storage Giant Celebrates Expansion with Opening of Fourteenth Facility
We are excited to expand and open our new facility in Nottingham, offering storage and office space to local individuals and businesses. This is our sixth store in the Midlands and represents our ambitious expansion plans to open more sites across the region including Stoke-on-Trent, Willenhall, Kidderminster and Witney.” – Simon Williams, CEO and founder – Storage Giant South Wales-based self-storage specialists, Storage Giant, is celebrating the opening of its fourteenth facility as the company continues to expand across the UK. The business, which is headquartered in Newport, has opened…
Self Storage Business Plans Set for Diss Car Park
The plans, which have been submitted to South Norfolk Council (SNC), would see 31 shipping containers placed on the site, 30 for storage and one double-height container which would be used as a facilities hub, including for CCTV.” A Diss car park is set to become a self-storage business after a fall in demand. Developers want to turn an old overflow car park in Gilray Road, next to Diss railway station, into shipping container storage. The plans, which have been submitted to South Norfolk Council (SNC), would see 31 shipping…
Big Yellow Self Storage Facility Set for Former Sainsbury’s Site
Work is progressing to build a Big Yellow self storage facility at the former Sainsbury’s supermarket site in Farnham Road. Slough Borough Council approved plans for a three-storey building featuring self storage units to replace the supermarket in April. The site has been vacant since Sainsbury’s closed its doors more than a year ago. The Big Yellow Group is seeking permission from the council to install seven illuminated advertising signs across the towering building. An application, submitted on behalf of the self storage firm, said: “The proposed signs will be…
Permission Granted for Self Storage Centre
Planning permission has been granted to create a self storage centre at a site in Cardiff. The application site concerns Tilcon Mortar Plant on Viking Place in Butetown. Previously, it was used for the storage of aggregates and materials, along with a cement batcher and associated conveyor, a weighbridge and ancillary offices. Proposed is a change of use to a self storage centre, which involves providing secure storage facilities for businesses and individuals, typically in standard shipping container units of a single colour, arranged in uniform rows. The site comprises…
Shurgard Self Storage S A: Opens New Building in Amsterdam Region (Diemen, the Netherlands)
Shurgard, the largest developer, owner and operator of self storage facilities in Europe is pleased to announce the opening of a new self storage building located in Amsterdam Diemen (Randstad), reinforcing its position as market leader in the Netherlands. This brand-new c. 4,500 sqm building is offering approximately 570 dry, clean and secure self storage units. The new facility will serve as the secondary building of an existing self storage property in the region (Diemen Treubweg). The combined size of the two buildings will comprise approximately 1,200 units and meet…
Big Yellow Self Storage Opens a Flagship Store in Kings Cross
The new flagship store features a wide range of state-of-the-art facilities including 1,600 storage units, all individually alarmed and with unique PIN code access, 13 flexible offices and a communal business hub. Big Yellow Kings Cross is also home to over 400 climate-controlled, individual wine cellars, and a wine tasting room.” Big Yellow Self Storage opened its 109th store, located in Kings Cross, London, boasting what could be named as the UK’s largest floor art installation in a commercial setting. Measuring 5,000 square feet – larger than two tennis courts…
Space Station to Open Brace of New Birmingham Sites
We’re thrilled to have secured this latest site at Garretts Green. Work will begin on this in June to deliver a 95,000 sq ft facility made up of an extensive range of self storage units.” – Stephen Wilson, Head of real estate Self-storage firm Space Station has signed a brace of deals for new facilities. A vacant 69,154 sq ft warehouse on a 2.4-acre site in Garretts Green Lane, Birmingham, has been acquired by the company. This joins land on Castle Bromwich Trade Park, in Chester Road, where a new…
Self Storage Market of the Month: St. Albans, UK
StorTrack’s featured market this month is St. Albans. St Albans is a cathedral city in Hertfordshire, England. St Albans is within the London commuter belt and the Greater London Built-up Area. Local government services are now provided by Hertfordshire County Council (strategic services) and St Albans City and District Council. St Albans has a highly skilled workforce and Deloitte, Spreadex, AECOM, PricewaterhouseCoopers and Premier Foods have offices in the district. How is St. Albans as a self-storage market and is it a good place to consider investing in? We’ve…
Self Storage Giant Opens 82,000 Square Feet Site at Teal Park
We are excited to open our new facility in Nottingham, offering storage and office space to local individuals and businesses. This is our sixth store in the Midlands and represents our ambitious expansion plans to open more sites across the region including Stoke-on-Trent, Willenhall, Kidderminster and Witney.” – Simon Williams, CEO – Storage Giant The UK’s largest independent self-storage firm has opened its first facility in Nottinghamshire – its sixth in the Midlands and the eighth since 2016. Storage Giant opened its doors at Teal Park, Netherfield last week, offering…