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Sale Of Killian Hill Storage, Lilburn, Georgia, Sold By Midcoast Properties, Inc.

Midcoast Properties, Inc. announces the recent sale of Killian Hill Storage, located in Lilburn, Georgia. Midcoast Properties represented the Seller, with Dale C. Eisenman, CCIM as the lead broker. The facility was sold to a regional investment company. Killian Hill Storage, 4139 Five Forks Trickum Rd. SW is situated on 2.06 +/- acres, currently featuring 27,970 +/- rentable square feet. The fenced facility is comprised of 10 self-storage buildings with 200 standard non-climate units plus parking and boasts over 90% occupancy. Amenities include perimeter fencing, gated keypad entry, ample lighting,…

StorageWise – Self Storage Experts

Established in 1915, Limerick Self Storage is a 4th generation family-operated business and one of Ireland’s longest-running logistics and storage businesses. Originally called ‘Limerick Carting Company’ and founded by William Hickey, the business has a deep-rooted history and expertise in transporting and storing goods for Limerick families and businesses for over 100 years. A key success for the business has been its ability to adapt and change to market demands, where today Limerick Self Storage provides a premium self-storage facility located on the Dock Road Limerick that is both secure…

Safestore Expects Annual Earnings Rise Following Strong Third Quarter

Safestore Holdings PLC on Thursday said it expects to meet management guidance for its annual performance, following a strong third quarter from all businesses. For the three months that ended July 31, the self-storage space provider said revenue rose 15% to £54.7 million from £47.6 million the same period a year before. In the UK, Safestore’s revenue grew 12% year-on-year to £41.3 million, as the average storage rate rose 16% to £28.50. The smaller Paris business reported a 5.7% rise in revenue at £12.3 million, as the average storage rate…

Plans Approved For Development On Amble Industrial Estate

Plans for 19 container storage units on the Coquet Enterprise Park in Amble have been approved. North East Self Storage has been granted planning permission for the development on land currently used for open storage near the Southmead housing development. Each unit would provide 36sqm of floor space, 684sqm overall. They would have a steel-clad roof and concrete blockwork walls. The storage containers would be retained on the southern part of the site, with the number of containers reduced to 13. There were no objections to the proposal. James Hudson,…

Big Yellow Snaps Up Freehold Interest In Oxfordshire Site

Self-storage facilities operator Big Yellow Group said on Tuesday that it had acquired a freehold interest in a 1.8-acre site in Oxfordshire. Big Yellow stated it spent £13.5m on the asset – a site which it has traded for over two decades. The FTSE 250-listed firm added that the site includes two separately let buildings, which will provide vacant possession in 2030 and the opportunity to intensify use. Chief executive Jim Gibson said: “We have traded from this location for 23 years, and this continues our strategy of acquiring freehold…

Expansion For Century-Old Derby Storage Firm

Storage business B E Webbe has announced the biggest expansion in its 100-year history, with two new premises. A storage business has announced the biggest expansion in its 100-year history, with two new premises. B E Webbe have opened its second site in Derby and acquired £900,000 premises in Colwick, Nottingham, which will become its eighth self-storage depot. The 45,000 sq ft Derby depot in Alfreton Road will support the existing facility at the head office in Mansfield Road and double the capacity of its Derby self-storage units. The Colwick…

StoreAway Opens New Self-Storage Hub In Birmingham

A new self-storage facility has opened in Birmingham city centre. StoreAway has launched the 60,500 sq ft site in a former department store building in Corporation Street where it has 650 lockers across three floors. Built in 1955 for C&A, the building at 14-28 Corporation Street was home to Beatties until 2006 and more recently was used by now-defunct retailer JJB Sports and fitness chain EasyGym. The opening comes as part of the company’s plan to repurpose more than 250,000 sq ft of unoccupied retail and leisure space across the…

Padlock Partners UK Fund II Completes Acquisition Of Houghton Regis Property

Padlock Partners UK Fund II (the “Trust”) announced today that it has successfully completed the acquisition of the freehold interest in the land and existing building at Cemetery Road, Houghton Regis LU5 5BJ in the United Kingdom (the “Houghton Regis Property”) for £2,300,000. The purchase price was satisfied by way of cash from the proceeds of the Trust’s initial public offering. The Trust intends to convert and expand the existing warehouse into approximately 35,000 net rentable square feet of Class A self-storage space. Total deal capitalization is £3,650,000 inclusive of…

Huge Self-Storage Hub In Bath To Open After Firm Secures £5.2 Million Investment

Self-storage operator StoreAway has secured a £5.2m investment to open a new storage facility in the centre of Bath. The facility – located in a former furniture storage building – is the fourth opened by the firm StoreAway. The 27,000 sq ft facility on London Road will be home to 245 lockers across two floors in a building that was formerly used as a furniture storage depositary. StoreAway said the move was part of a drive to reinvent more than 250,000 sq ft of redundant retail space across UK high…

Shurgard Self Storage S A : Shurgard Opens New Self-Storage Property In Randstad-Rotterdam

Shurgard opens new self-storage property in Randstad-Rotterdam (the Netherlands). LUXEMBOURG – Shurgard, the largest developer, owner and operator of self-storage centers in Europe – is pleased to announce the opening of its new self-storage facility in Capelle aan den Ijssel, just east of Rotterdam. • This brand-new c. 4,500 sqm building is offering approximately 700 dry, clean and secure selfstorage units spread over two floors. • Shurgard Capelle Molenbaan nicely complements our Capelle Dalkruidbaan property in the direct vicinity, from which it will be remotely managed. • With its large…