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…

Shurgard Signs A New Purchase Agreement In The Netherlands

Shurgard, the largest developer, owner, and operator of self-storage centers in Europe – is purchasing a building located northeast of Utrecht province (The Netherlands). This new deal comes shortly after Shurgard secured a long-term lease agreement in the Amsterdam area and further highlights the Company’s expansion plan in the market. The future c. 3,100 sqm self-storage property is set to open in 2023 and will offer approximately 450 self-storage units to the area. It will also complement nicely one of our stores in the direct vicinity of that new property.…

Storage Specialist Lok’nStore Racks Up Another Half Of Strong Growth

Self-storage firm Lok’nStore Group (LOK:AIM) posted a sharp rise in revenues and earnings for the first half as it continues to roll out sites in a desperately under-served market. The company also released significant value through the sale-and-manage-back of four mature stores, allowing it to reduce debt and increase its dividend. Growth Machine: Lok’nStore has a strong record of growing both earnings and net asset value, a trend that continued in the six months to January. Group revenues rose 31.1% to £13.4 million driven by an increase in sites and…

Storage Unit Business Store & Secure Opens New Site In Poole

A Self-storage business has opened a large third site in Poole. Lucy and Sophie Maidman, the sisters behind Store & Secure, have opened the facility in Hamworthy and named it after their mother, who lived in the area for her whole life. The three-storey, 40,000sqft bright yellow building includes serviced offices and more than 500 storage units, including containers outside. Store & Secure already has large sites in Bournemouth and Basingstoke. The new base is named Joyce House after the sisters’ mother Joyce Maidman, who died in 2020. It is…

Self-Storage Firm Takes Over Former Next Store

A self-storage company is taking space at the former Next store in Liverpool city centre as part of a UK-wide expansion. Tony McDonough reports. Self-storage brand StoreAway is opening a new self-storage centre in the former Next store in Liverpool city centre. StoreAway’s move into a 40,000 sq ft space at the Church Street site is part of a nationwide expansion plan by the business which aims to transform around 250,000 sq ft of redundant retail space. It will open in Liverpool in early May. It has been founded by…

Lindsey Self Storage Group Brokers The Sale Of Mini-Opslag Helmond 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, has completed the acquisition of its 20th self-storage facility through the purchase of Mini-Opslag Helmond in the Netherlands. The facility is located in the Helmond region of the Netherlands and offers storage spaces from 4.5 to 80 m³. The newly acquired portfolio will be re-branded and fully integrated into the existing 1 BOX Self Storage brand that ESG currently operates across the Netherlands and has plans…

York Storage Firm Applies For Expansion

A successful York storage company is seeking to expand, as well as install solar panels on its roof. Go Store in Monks Cross Drive, Huntington, has applied to the City of York Council to extend its existing 1,452m2 premises by 163.5m2, as well as erect ten self-storage units totaling 102m2. The planning application said the extension would look similar to the existing building. It added: “The Go Store unit has been in operation two years. The impetus for this application has arisen from the existing business and the rising demand…