Because We Need More Stuff: Major Self-Storage Development Happenings of November 2023

Making Space in a Crowded World: The Self-Storage Industry Defies Gravity November’s Self-Storage Development Highlights: More Room for Your Treasures Global self-storage development continues to demonstrate dynamism in line with the trend of increasing consumer demand for storage options. According to Inside Self-Storage, several new projects are slated to launch, accompanied by zoning and municipal…

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From Storage Units to Junkyards: The Risks of Vehicle Storage

Unveiling the Multi-layered Challenges of Offering Vehicle Storage Offering a form of vehicle storage has become a beneficial strategy in the self-storage industry. Yet, as Oblinger highlights in his recent blog entry on Inside Self Storage, this method presents unique challenges and considerations. From local restrictions and specific rental agreements to careful insurance policies, it’s…

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Buchanan Street Partners Expands Presence with Self-Storage Acquisition in Northern California

In a recent blog post from [Connect CRE], they dished the dirt on Buchanan Street Partners’ newest venture in Northern California. The Newport Beach-based real estate investment management firm has dipped its toes into the NorCal market by acquiring a 116,500-square-foot self-storage facility in Auburn for $20.75 million. But is this the juicy drama we…

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The Great Storage Shuffle: When PSG Said, ‘You’re It!’ to Obuchowski

In an unexpected turn of events that can only be metaphorically described as ‘musical chairs done right,’ Columbia, Md.-based real estate credit and development company Poverni Sheikh Group (PSG, [@PSG]) has welcomed Noah Obuchowski into the new role of Chief Investment Officer. An expat from the revered real estate fraternity Cushman & Wakefield [@CushWakeUS], Obuchowski…

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