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Scottish Based Kangaroo Self Storage Acquires Carlisle Storage Site

A Scottish-based business has recently expanded by acquiring a new storage site in Carlisle. Kangaroo Self Storage has now possessed the Carlisle site of Box Clever Cumbria Limited. Within a short space of time, the Carlisle site will be rebranded to Kangaroo Self Storage Carlisle. Chris Stevens, CEO of Kangaroo Self Storage, said: “I am really pleased to have found a like-minded business in Box Clever Cumbria Limited, and the addition of Carlisle as a location makes strategic sense to our existing portfolio of storage centres. “The Carlisle store’s highly…

Lindsey Self Storage Group Brokers The Sale Of Grand Sud Box (France) To Europa Storage Group

Europa Storage Group (ESG), a subsidiary of Volta Global, is a pan-European storage platform that acquires, builds, invests, and operates high-quality, durable self-storage businesses, is pleased to announce the purchase of Grand Sud Box, located in the Six-Fours-les-Plages, France. Drawing on the group’s prior self-storage acquisition and development experience in the United States, and with permanent capital funding from Volta Global, Europa Storage Group has become a leading self-storage operator throughout Europe. This transaction was facilitated by John Lindsey and Pieter Ligtvoet, of Lindsey Self Storage Group – A firm…

Basildon Toys R Us Building To Be Brought Back Into Use

Plans to bring Basildon’s empty Toys R Us back into use after nearly four years have been approved. Toys R Us had occupied the shop in Southernhay since 1985 before leaving four years ago after the firm went out of business. Now the vacant shop is set to become an “urban” storage facility called Storeaway following a successful change of use planning application submitted by Away Cheltenham. The new facility will largely serve residents in the town and businesses who need space for archiving, additional stock room space, furniture, and…

The Store Room Submits Plans For A New, Modern & Sustainable Self Storage Facility At Peterborough One Retail Park

The plans for the new facility include state-of-the-art self-storage units for local business and domestic use, as well as high-quality office and co-working space. The Store Room’s new development at Peterborough One Retail Park is due to be completed in 2023 and will not only meet the growing demand for self-storage but also offer flexible co-working solutions to support the local business community. This new facility is part of the wider development at the Peterborough One Retail Park, following the addition of the new Aldi store, which opened in June…

Big Yellow Sells Industrial Warehouse Scheme For GBP 61 Million

Big Yellow PLC on Monday said it has conditionally sold its industrial warehouse scheme in Harrow, London. The self-storage facilities operator has conditionally agreed to sell the industrial warehouse for gross proceeds of GBP61 million. Big Yellow said that completion of the sale was dependent on practical completion of the development, and is expected to occur in August. The company added it has deployed about GBP27 million of capital expenditure to date with a cost to complete of about GBP 4.5 million, totaling GBP 31.5 million including the cost of…

Valor Extends London Last Mile Footprint With c. £70 Million Buy

Valor Real Estate Partners has acquired two urban logistics estates, located in Mitcham and Watford, for a total consideration of c. £70 million, from DTZ Investors. In Mitcham, South London, Valor has completed the acquisition of a 105,000 sq ft multi-let industrial estate on Mitcham Industrial Estate. It occupies a prime last-mile logistics location on the A216, providing direct access to the A23 and A24 in less than 10 minutes’ drive. Currently, 72% occupied by tenants spanning the self-storage and DIY sectors, it offers a mix of strong day one…

What Are They Building Near The Thurbers Avenue Curve?

If you’ve driven into the city from the south or headed out that way, you’ve probably noticed the five-story steel skeleton of a building rising there just south of the Thurbers Avenue curve on Route 95. So what exactly is it? According to a spokesman for A. Autiello Construction, it will be a self-storage operation with a slight twist from the typical storage facility: customers will be able to drive a U-Haul-type moving truck right into the building, close a garage door and unload their belongings securely and protected from…

Global Market Overview

In this global video chat, we’ll discuss trends in different markets, unique storage operational practices, demand drivers in specific countries, and more. John C. Lindsey of Lindsey Self Storage Group represents the US, Alan Takle of Takle Developments represents Australia, Chris Oosthuizen of Stor-Age represents South Africa, and John McGlynn of Scottish Capital represents the UK and Jes Johansen of Store Friendly represents Singapore.

New Self-Storage Operator StoreAway Secures £16 Million In Investment As It Builds Nationwide Portfolio

New self-storage market entrant StoreAway has secured a total of more than £16 million in investments just weeks after the launch of its flagship Liverpool site. Established by a team of self-storage management and property experts, the brand offers flexible storage space in city centres and urban settings by repurposing unoccupied retail and leisure outlets on some of the UK’s most well-known high streets. Despite still being in its infancy, StoreAway has captured the eyes and investment of Redevco, Legal & General, and Nash Business Capital, meaning it will now…

First-Rate Commercial Facility In Polmadie Nears Completion

CoVault Workspace, a Scottish self-storage, and flexible workspace company are in the final stages of development for its newest branch in Polmadie, Glasgow. The brand-new property is located on Polmadie Road, less than 15 minutes outside of Glasgow’s City Centre. Set in the heart of a rapidly-developing business hub, CoVault Polmadie is adjacent to M74 Junction 1A and is neighboured by Starbucks, Riteway Autocare, and IONITY electric charging stations – as well as a range of retail and dining establishments. With a total workspace area of over 5700 sq ft…