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True Storage Opens 6th Facility in 2024 with Completion of Fitchburg, MA Shopping Center Conversion

True Storage Opens 6th Facility in 2024 with Completion of Fitchburg, MA Shopping Center Conversion

Fitchburg, MA – National Self Storage Developer, True Storage Delivered its 6th completion of the year this past week in Fitchburg Massachusetts. The property is located at 476 John Fitch Blvd in Fitchburg, Ma and is in the John Fitch Plaza, which the developer also owns.  This Class A self-storage conversion features True Storage’s expertise in transforming underutilized properties into state-of-the-art storage facilities that serve a public need. Day-to-day operations will be managed by CubeSmart, while True Storage retains ownership of the property.

The property was purchased by the self-storage developer in 2022 with the vision of a self-storage conversion in the vacant shopping plaza spaces. The CubeSmart is anchored next to a Harbor Freight in the plaza as well as various other tenants.

The building features 60,000+ rentable sf of climate-controlled Cass A self-storage space. Located on John Fitch Blvd the property is surrounded by retailers, restaurants, local businesses, and several residential neighborhoods.

“We are thrilled to revitalize another property in Massachusetts. Transforming this property and brining it back to functional glory showcases our ability to deliver top quality assets,” said Chris Lewis, Director of Architecture & Design for True Storage. “The town of Fitchburg was a please to work with throughout the entire development process.

CubeSmart customers will find this location easily accessible directly off route 2a, flexible hours, 24-hour interior and exterior video surveillance, security access to the unit, a variety of unit sizes, and high-end finishes throughout the facility.

True Storage, a self-storage developer that focuses on bringing value and lifestyle experiences to communities across the country, has proudly developed several other Class A facilities in Massachusetts, New Hampshire, Maine, Georgia, Rhode Island, Florida, Indiana, Connecticut, Wisconsin, Illinois, New York, and Kentucky. In addition to breaking ground on facilities in Michigan, Ohio, New York, Florida, and throughout the New England area, with a dozen more in the pipeline.

About True Storage

True Storage, a national self-storage developer, produces premium Class A storage space through conversions and ground-up construction. Through partnerships with national self-storage companies, the facilities are managed and operated, meeting customer and community expectations for quality and service. For more information visit, truestorage.com.

 

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True Storage Completes 110,000+ Rentable SF Self-Storage Conversion in Attleboro, MA

True Storage Completes 110,000+ Rentable SF Self-Storage Conversion in Attleboro, MA

Attleboro, MA – True Storage completed its 5th self-storage conversion of 2024 with the opening of their facility located at 34 Forest St, in Attleboro, MA in early April. The property was purchased by the self-storage developer in 2022 with the vision of a complete self-storage conversion of the properties 165,000 total square feet. Formerly a piece of the Texas Instruments campus in Attleboro, the property presented a unique opportunity for the Manchester, NH developer to tackle.

The building features 2 levels of self-storage totaling 113,575 rentable square feet throughout 1,451 units of varying sizes. “Our experience with historical buildings and self-storage conversions allowed our team to accomplish a beautiful revitalization of the former Texas Instruments building” said Chris Lewis, Director of Architecture & Design for True Storage. “We are proud to deliver another trophy asset to market and offer local businesses and individuals class A storage solutions. The town of Attleboro and the local contractors we worked with on this project were all a pleasure to have in our development process.

True Storage updated the building with a modern leasing office, 24-hour interior and exterior video surveillance, secure security access to the unit and building, an assortment of unit sizes, and high-end finishes throughout the facility. The property is ideally located right off of the Pleasant St retail corridor in Attleboro, MA

True Storage, a self-storage developer that focuses on bringing value and lifestyle experiences to communities across the country, has proudly developed several other Class A facilities in Massachusetts, New Hampshire, Maine, Georgia, Rhode Island, Florida, Indiana, Connecticut, Wisconsin, Illinois, New York, and Kentucky. In addition to breaking ground on facilities in Michigan, Ohio, New York, Florida, and throughout the New England area, with a dozen more in the pipeline.

2024 Completions for the company include the following locations; Jacksonville, FL, Tonawanda, NY, Wilbraham, MA, Woonsocket, RI, and Attleboro, MA  

About True Storage

True Storage, a national self-storage developer, produces premium Class A storage space through conversions and ground-up construction. Through partnerships with national self-storage companies, the facilities are managed and operated, meeting customer and community expectations for quality and service. For more information visit, truestorage.com.

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True Storage Completes 7th portfolio Ground Up Self Storage Build in Woonsocket, RI

True Storage Completes 7th portfolio Ground Up Self Storage Build in Woonsocket, RI

Woonsocket, RI – True Storage completed its second ground up development located in Rhode Island on March 15th. Located at 777 Providence St in Woonsocket, RI this completion marks the company’s 7th completed state of the art ground up self-storage build. The design build self-storage developer bought the acreage on Providence St in 2021 and received their final certificate of occupancy in mid-March. The property the facility was build on was formerly the city of Woonsocket’s Gaston A. Ayotte Jr. Baseball Field.

The building features 3 stories of complete climate controlled self-storage, spanning over 65,000 rentable sf. The building was designed and built by True Storages in house Architecture and construction teams in coordination with various local subcontractors. The build features True Storages expertise in self-storage development and the company’s dedication to delivering top tier assets to the market.

Located at the intersection of Providence St and Smithfield Rd in Woonsocket, the building is surrounded by various retailers and residential neighborhoods. This site will feature, 24-hour interior and exterior video surveillance, secure security access to the unit and building, an assortment of unit sizes, covered loading bay, and high-end finishes throughout the facility.

“The town and local subcontractors were all a pleasure to work with throughout the whole development process” said Chris Lewis, Director of Architecture & Design for True Storage. “True Storage is thrilled to deliver another class A self-storage development to address a lack of supply in the Woonsocket area.”

True Storage, a self-storage developer that focuses on bringing value and lifestyle experiences to communities across the country, has proudly developed several other Class A facilities in Massachusetts, New Hampshire, Maine, Georgia, Rhode Island, Florida, Indiana, Connecticut, Wisconsin, Illinois, New York, and Kentucky. In addition to breaking ground on facilities in Michigan, Ohio, New York, Florida, and throughout the New England area, with a dozen more in the pipeline.

About True Storage

True Storage, a national self-storage developer, produces premium Class A storage space through conversions and ground-up construction. Through partnerships with national self-storage companies, the facilities are managed and operated, meeting customer and community expectations for quality and service. For more information visit, truestorage.com.

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True Storage Delivers Class A Self-Storage Ground Up Build in Wilbraham, Ma

True Storage Delivers Class A Self-Storage Ground Up Build in Wilbraham, Ma

 

Wilbraham, MA – True Storage opened its third self-storage development this year located at 2201 Boston Rd in Wilbraham, MA. This completion marks the companies first ground up completion in 2024, and their second multi-story new build in Massachusetts. The design build self-storage developer bought the acreage on Boston Rd in 2022 and completed the 2 story build earlier this month.

This Class A self-storage ground up features True Storage’s expertise in development of state-of-the-art storage facilities that serve a public need. Day-to-day operations will be managed by Extra Space Storage, while True Storage retains ownership of the property.

The property features 65,403 net rentable square feet throughout 671 climate-controlled units of varying sizes to accommodate storage needs for local businesses and individuals. Located on Boston Road (US Route 20) the site is located next to Dunkin Donuts, Big Y Supermarket, The Home Depot, and various restaurants. The property lies about five miles outside of Springfield, MA and less than ten miles to the Connecticut boarder.

“We are thrilled to add another new build completion to our portfolio that showcases our company’s dedication to quality” said Chris Lewis, Director of Architecture & Design for True Storage. “We are excited to offer premium storage solutions to the Wilbraham community. The town and local officials were a pleasure to work with throughout the entire process.” This site will feature flexible hours, 24-hour interior and exterior video surveillance, security access to the unit, an assortment of unit sizes, covered loading bay, and high-end finishes throughout the facility.

True Storage, a self-storage developer that focuses on bringing value and lifestyle experiences to communities across the country, has proudly developed several other Class A facilities in Massachusetts, New Hampshire, Maine, Georgia, Rhode Island, Florida, Indiana, Connecticut, Wisconsin, Illinois, New York, and Kentucky. In addition to breaking ground on facilities in Michigan, Ohio, New York, Florida, and throughout the New England area, with a dozen more in the pipeline.

About True Storage

True Storage, a national self-storage developer, produces premium Class A storage space through conversions and ground-up construction. Through partnerships with national self-storage companies, the facilities are managed and operated, meeting customer and community expectations for quality and service. For more information visit, truestorage.com.

About Extra Space

Extra Space Storage is the largest operator of self-storage facilities and the largest third-party self-storage management company. Since they were founded in 1977, Extra Space has grown to include more than 3,500 locations across the country from our headquarters in Salt Lake City, UT.

 

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True Storage Completes Second New York Conversion in Tonawanda, NY

True Storage Completes Second New York Conversion in Tonawanda, NY

 

Tonawanda, NY – True Storage completed its second self-storage development in New York this past week. This location marks the companies 27th completed self-storage development and is located at 880 Young St in Tonawanda, NY. True Storage now has 2 open facilities in New York and another 3 under construction in the state. This Class A self-storage conversion features True Storage’s expertise in transforming underutilized properties into state-of-the-art storage facilities that serve a public need. Day-to-day operations will be managed by CubeSmart, while True Storage retains ownership of the property.

Formerly a Gander Mountain Sports retail store, the property featured an ideal location for the self-storage developer to repurpose the vacant space. “Every property we transform has its own unique features” said Chris Lewis, Director of Architecture & Design for True Storage. “The site in Tonawanda is a perfect example of our dedication to transforming assets that are in distress that have usually been vacant for years, serving no public good. The town of Tonawanda and the local contractors we worked with on this project were all a pleasure to work with throughout the entire project.”

The property offers over 60,000 rentable square feet of storage space throughout nearly 700 units of varying sizes. Ben Kfoury, an Investment Analyst for True Storage mentioned, “The Tonawanda market has an undersupply of modern-day self-storage solutions which allowed us to address a public need for local individuals and Businesses.”

CubeSmart customers will find, that this location is directly off Route 290 and is surrounded by several national retailers and restaurants like Wendy’s, McDonalds, and Texas Roadhouse. The site is also anchored next to a Tops Supermarket. This site will feature flexible hours, 24-hour interior and exterior video surveillance, security access to the unit, an assortment of unit sizes, and high-end finishes throughout the facility.

True Storage, a self-storage developer that focuses on bringing value and lifestyle experiences to communities across the country, has proudly developed several other Class A facilities in Massachusetts, New Hampshire, Maine, Georgia, Rhode Island, Florida, Indiana, Connecticut, Wisconsin, Illinois, New York, and Kentucky. In addition to breaking ground on facilities in Michigan, Ohio, New York, Florida, and throughout the New England area, with a dozen more in the pipeline.

About True Storage

True Storage, a national self-storage developer, produces premium Class A storage space through conversions and ground-up construction. Through partnerships with national self-storage companies, the facilities are managed and operated, meeting customer and community expectations for quality and service. For more information visit, truestorage.com.

About CubeSmart

CubeSmart is a self-administered and self-managed real estate company focused on the ownership, operation, acquisition, and development of self-storage facilities in the United States. Our self-storage facilities are designed to offer affordable, easily accessible storage space for residential and commercial customers. As a national owner and operator, we continually enhance our business by applying our management expertise and best practices to each facility. For more information visit, Cubesmart.com

 

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True Storage Completes Second Florida Self-Storage Conversion in Jacksonville, FL

True Storage Completes Second Florida Self-Storage Conversion in Jacksonville, FL

Jacksonville, FL – located at 4751 Walgreen Rd, True Storage opened its 26th self-storage facility in Jacksonville, FL earlier this month. The opening of this site brings the True Storage Florida portfolio to 2 locations, the first location is in Bradenton, FL. This Class A self-storage conversion features True Storage’s expertise in transforming underutilized properties into state-of-the-art storage facilities that serve a public need. Day-to-day operations will be managed by CubeSmart, while True Storage retains ownership of the property.

Formerly a charter school, the property located at 4751 Walgreen Rd presented the self-storage developer a unique main structure to convert into a self-storage facility. The property is over 65,000 sqft and offers over 45,000 sqft of rentable storage space.

True Storage completed its first facility in Florida located 4 hours south of Jacksonville in Bradenton in June of 2022. Both projects were conversions of existing buildings which is True Storages specialty. The company has converted millions of square feet of former retailers like Kmart, Sears, Walmart and Dicks Sporting Goods stores across the country. The Jacksonville completion marks the companies first completion of 2024 and brings their current portfolio to 21 open locations, which are all managed by 3rd parties.

“Our Jacksonville project is an exciting addition to our Florida portfolio and is a unique showcase of how our construction team can transform a property in disrepair” said Chris Lewis, Director of Architecture & Design for True Storage. “Our goal of 2024 is to continue to add class A facilities to our portfolio. The Jacksonville community and city officials were a pleasure to work with throughout the development process.”

CubeSmart customers will find, that this location has convenient access to Route 95 and is surrounded by several national retailers and restaurants. This site will feature flexible hours, 24-hour interior and exterior video surveillance, security access to the unit, an assortment of unit sizes, covered loading bay, and high-end finishes throughout the facility.

True Storage, a self-storage developer that focuses on bringing value and lifestyle experiences to communities across the country, has proudly developed several other Class A facilities in Massachusetts, New Hampshire, Maine, Georgia, Rhode Island, Florida, Indiana, Connecticut, Wisconsin, Illinois, New York, and Kentucky. In addition to breaking ground on facilities in Michigan, Ohio, New York, Florida, and throughout the New England area, with a dozen more in the pipeline.

About True Storage

True Storage, a national self-storage developer, produces premium Class A storage space through conversions and ground-up construction. Through partnerships with national self-storage companies, the facilities are managed and operated, meeting customer and community expectations for quality and service. For more information visit, truestorage.com.

About CubeSmart

CubeSmart is a self-administered and self-managed real estate company focused on the ownership, operation, acquisition, and development of self-storage facilities in the United States. Our self-storage facilities are designed to offer affordable, easily accessible storage space for residential and commercial customers. As a national owner and operator, we continually enhance our business by applying our management expertise and best practices to each facility. For more information visit, Cubesmart.com 

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Reviving Retail Ruins: The Transformation of Rochester’s Former Sears into a Self-Storage Haven

Reviving Retail Ruins: The Transformation of Rochester’s Former Sears into a Self-Storage Haven

Click above Article VIA The Peoples Network

About True Storage

True Storage, a national self-storage developer, produces premium Class A storage space through conversions and ground-up construction. Through partnerships with national self-storage companies, the facilities are managed and operated, meeting customer and community expectations for quality and service. True Storage was named the 87th largest self-storage owner in the country in 2023 by Inside Self Storage. For more information visit, truestorage.com.



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True Storage Eyes Rochester NY Sears

True Storage Eyes Rochester NY Sears

Click above Article VIA Rochester Business Journal 

About True Storage

True Storage, a national self-storage developer, produces premium Class A storage space through conversions and ground-up construction. Through partnerships with national self-storage companies, the facilities are managed and operated, meeting customer and community expectations for quality and service. True Storage was named the 87th largest self-storage owner in the country in 2023 by Inside Self Storage. For more information visit, truestorage.com.



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True Storage Published in New England Real Estate Journal for an Outstanding 2023

True Storage Published in New England Real Estate Journal for an Outstanding 2023

True Storage delivers 602,800 rentable s/f of climate controlled self-storage space in 2023 across 7 states

About True Storage

True Storage, a national self-storage developer, produces premium Class A storage space through conversions and ground-up construction. Through partnerships with national self-storage companies, the facilities are managed and operated, meeting customer and community expectations for quality and service. True Storage was named the 87th largest self-storage owner in the country in 2023 by Inside Self Storage. For more information visit, truestorage.com.

LINK – HTTPS://NEREJ.COM/TRUE-STORAGE-DELIVERS-602-800-S-F-OF-SELF-STORAGE-SPACE-IN-2023  

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True Storage 2023 Full Year Update

True Storage 2023 Full Year Update

2023 True Storage Year Update

2023 Progress

2023 was another record-breaking year for True Storage. Throughout the year True Storage delivered 603,793 net rentable square feet across 9 projects. The completions included locations in Enfield, CT, Columbus, GA, Methuen, MA, Frenchtown, MI, Akron, OH, Providence, RI, Fort Atkinson, WI, Flint MI, and Conyers, GA. The team successfully converted a Walmart, Kmart, Dicks Sporting Goods, 2 grocery stores, a ShopKo and finished 2 ground-up sites! “2023 was a true showcase of how dynamic and focused our team is on delivering top quality storage properties to market,” said Chris Lewis, Director of Architecture & Design for True Storage. “We are proud of the transformations that we have completed at each of these properties and have enjoyed working with each community we enter.”

Portfolio Update

With the additions of the 9 new sites competed in 2023, the True Storage portfolio now consists of 20 open stores with over 1.2 million square feet of net rentable space and 12,536 units. “This year brought us into new territories expanding upon our already robust portfolio; we were eager at the opportunity to operate in these new markets and motivated by the challenge. We have stayed the course and continued to strengthen relations with existing management groups and are proud to welcome in some new. Our focus in the new year is to strive for continued growth and to learn from these successes in the past year,” said Jacob Fuller, Operations Manager for True Storage. Currently, Day-to-day operations of these facilities are being managed by CubeSmart, National Storage, and Store Space while True Storage retains ownership of the properties. True Storages geographical footprint has grown across 15 states including 2 new locations in Georgia. The total portfolio includes 39 locations totaling 2,560,692 rentable square feet throughout 27,969 units.

Construction Pipeline

The True Storage construction team is firing on all cylinders across the country rolling into 2024. The pipeline currently includes 19 projects totaling 1,355,524 net rentable square feet. Six of the projects are ground up developments, located in NY, MA, CT, RI, and PA. The remaining 13 locations include big box retail locations, historic mill buildings, and well positioned industrial buildings. “Our contractors have done a spectacular job delivering time and time again. Looking at the before and after photos to see the miraculous transformations to the conversions and the new ground up buildings it really makes you hold your head up high. All the late nights and hard workday after day pays off into something you’re proud to put your name on,” said Thomas Remmes, Project Manager for True Storage

2024 Outlook

The True Storage team is ready for a fast-paced 2024 filled with facility completions. Our focus on improving communities through revitalizing underutilized properties is leading us into new markets across the country. Commenting on 2024 direction, Thomas Remmes mentioned; “We are keeping the momentum going right into 2024 and setting the bar even higher! We have ground up buildings already underway, and some of our largest facilities to date scheduled to be completed this year. I am excited about the new markets and states we are entering along with meeting new contractors.” We are actively looking for more development opportunities and feel confident that the self-storage market will continue to be resilient. 

About True Storage

True Storage, a national self-storage developer, produces premium Class A storage space through conversions and ground-up construction. Through partnerships with national self-storage companies, the facilities are managed and operated, meeting customer and community expectations for quality and service. True Storage was named the 87th largest self-storage owner in the country in 2023 by Inside Self Storage. For more information visit, truestorage.com.