Go Store Self Storage completed an expansion of its facility in York, England. The property on Monks Cross Drive comprises 45,000 square feet in 950 units. The company secured a seven-figure funding package from lender HSBC UK as well as £150,000 for ongoing capital improvements. Go Store has a second location under development in Kettering, England.
Norway-based Self Storage Group ASA (SSG) has purchased a property in Trondheim, Norway, for NOK 17 million on which it intends to build a new facility. Expected to open in the second quarter of 2023, the 1,550-square-meter building on Nordslettvegen 4 B will operate under the company’s OK Minilager brand. The central location is near residential communities, including student housing.
SSG is also building a new facility in Vestby, Norway. The company purchased the property at Deliveien 21 for NOK 15.6 million. Expected to be complete in early 2023, the facility will comprise 16,145 square feet and operate as City Self Storage. SSG operates 126 facilities across Scandinavia under the City Self-Storage and OK Minilager brand names. Its portfolio comprises 165,300 square meters.
Shurgard Self Storage Europe SARL, the European affiliate of U.S.-based real estate investment trust (REIT) Public Storage, opened a new facility in Morangis, France. The property comprises 5,700 square meters in 850 units. Shurgard operates 42 locations in the Paris market, with four development projects in its pipeline.
Shurgard also opened a new location in Berlin. The newly constructed facility comprises approximately 5,700 square meters in about 1,000 units. It’s the company’s sixth site in the Berlin market. Shurgard’s total portfolio includes 254 properties comprising more than 1.3 million net rentable square meters in Belgium, Denmark, France, Germany, The Netherlands, Sweden and the U.K.
