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Real estate developer Gorman & Co. purchased a commercial building in a Philadelphia suburb for $3.7 million for self storage development. The property at 212 Church Road in Upper Gwynedd Township comprises 94,000 square feet of space.
Hull Street Storage LLC purchased a former Strange's floral shop in Richmond, Va., for $675,000. The buyer, Don Smith, plans to develop a self storage facility on the three-acre parcel at 6710 Hull Street Road.
A potential ban on new self storage space in the New York Industrial Business Zones (IBZ) could position New York City, NY alongside MSAs like Miami, FL and San Francisco, CA, in regulating industry development.
Strategic Storage Growth Trust, Inc., a public non-traded real estate investment trust sponsored by SmartStop Asset Management, LLC, announced today its purchase of a 500-unit, newly-constructed self storage facility in the Charleston, SC area.
Rodney Langer, Senior Vice President and Market Leader for Equity's Fort Lauderdale office of Ohio-based Equity, represented Tarco Properties in its $3.5 million dollar purchase of a former Grainger Tool Supply facility in southern Miami-Dade County,