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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.

 

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TRUE STORAGE OPENS FOOD LION CONVERSION SELF STORAGE FACILITY CONVERSION IN CONYERS, GA

TRUE STORAGE OPENS FOOD LION CONVERSION SELF STORAGE FACILITY CONVERSION IN CONYERS, GA

Conyers, GA – Located at 994 Oglesby Bridge Rd SE, True storage completed its 25th Class A self-storage facility in Conyers, GA earlier this month. The conversion project showcases 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.

This conversion project features over 80,000 net rentable square feet throughout 969 units of varying sizes, all of which are climate controlled.  Formerly a Food Lion grocery store, this site includes a Dollar Tree and a Goodwill.

True Storage completed its first facility in Georgia earlier this year about 2 hours South of this location in Columbus. Together the two Georgia properties offer over 145,000 rentable sqft of state of the art self-storage space. This completion is True Storages 9th completion of the year and takes the current portfolio to 20 open locations, which are all managed by 3rd parties. 

“This conversion is an exciting expansion of our Georgia portfolio, and is a true showcase of our teams ability to transform a property said Chris Lewis, Director of Architecture & Design for True Storage. “We are excited to be part of the Conyers community and have enjoyed working with local contractors and City Officials throughout the entire development process.”

CubeSmart customers will find, that this location has convenient access to Route 20 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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TRUE STORAGE NAMED IN TOP 100 SELF STORAGE FACILITY OWNERS 2023

TRUE STORAGE NAMED IN TOP 100 SELF STORAGE FACILITY OWNERS 2023

Manchester, NH – True Storage ranked #87 out of 100 of the top self-storage facility owners in the country, published by Inside Self Storage in their 2023 round up. 

Since inception in 2019 we have completed 24 sites — five ground-up and 19 conversions — across 15 states. The 24 completed sites account for 1,592,204 net rentable SF of industry leading storage space comprised of 15,595 units. Our construction pipeline includes 20 projects, and is projected to deliver 1,433,629 net rentable SF once completed. 

Our current active portfolio, as of December 2023, consists of more than 3 million net rentable SF, and nearly 32,000 units. Rapid growth over the last five years has put True Storage on the map as the 87th largest storage owner in the United States according to ISS.

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 OPENS 55,000 RENTABLE SF FLINT, MI SELF STORAGE CONVERSION DEVELOPMENT

TRUE STORAGE OPENS 55,000 RENTABLE SF FLINT, MI SELF STORAGE CONVERSION DEVELOPMENT

Flint, MI – True Storage opened its 24th Class A self-storage facility earlier this month located at 3711 Lapeer Rd in Flint, MI. This site was previously home to a 70,000 sqft farmer Jacks grocery store, which closed its doors in 2007. The True Storage construction team delivered the completed project in late September 2023 bringing the deteriorating building back to functional beauty. Day-to-day operations will be managed by CubeSmart, while True Storage retains ownership of the property.

The big box conversion features nearly 55,000 rentable sqft across 638 units of varying sizes, all of which are climate controlled. The foyer of the building features a brand-new modernized office/retail space for CubeSmart to run their operations.

“With the site being anchored next to the Ashley Home Outlet and Directly on Lapeer Road, we feel that this development will bring new value to Flint and other surrounding retailers.” Said Chris Lewis, Director of Architecture & Design for True Storage. “The town of Flint was a pleasure to work with and we are excited to offer our services to local individuals and businesses.

This site is perfectly located right off Route 69 for Cubesmart customers and is a true showcase of True Storages ability to revitalize a property. 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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True Storage Donates $1,000 to The Monroe County Historical Society

True Storage Donates $1,000 to The Monroe County Historical Society

Ben Kfoury and Jacob Fuller from the True Storage team joined
with members of the Monroe County Historical Society to celebrate the grand
opening of True Storages new location in Monroe Michigan. In celebration of our
grand opening of our new facility in Monroe, True Storage presented the Monroe County
Historical Society with a $1,000 donation. The members of the historical
society were able to share stories of their towns redevelopment history and
were thrilled to hear about True Storages investment in redeveloping a local property
that had fallen into disrepair.

About The Monroe Historical: The Society was founded in 1938
by a group of citizens who recognized Monroe as special, perhaps even important.
They sought to safeguard the past and build upon the future. More than 75 years
later, MCHS is proud of its ongoing work in and around Monroe. We remain
dedicated to bridging yesterday with today, and thanks to the collective
efforts of others, have created cultural centers, restored buildings, achieved
national recognition for the site of the 1813 Battle of Frenchtown, and
preserved sites that otherwise would have perished. In short, we have met the
challenge of those who, decades earlier, asked that we claim Monroe’s story for
all to share. 

To learn more visit https://www.monroecountyhistoricalsocietymi.org/

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TRUE STORAGE OPENS DICKS SPORTING GOODS SELF STORAGE FACILITY CONVERSION IN AKRON, OH

TRUE STORAGE OPENS DICKS SPORTING GOODS SELF STORAGE FACILITY CONVERSION IN AKRON, OH

Akron, OH – Located at 1990 Buchholzer Blvd, True storage completed its 23rd Class A self-storage facility in Akron, OH earlier this month. The conversion project showcases 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.

This conversion project features 74,833 rentable square feet throughout 822 units of varying sizes, all of which are climate controlled. This site was originally a Dick’s Sporting goods store, and most recently was a former MAAK Furniture store.

“This conversion is perfectly located on Buchholzer Blvd, and is a true showcase of our teams ability to transform a property said Chris Lewis, Director of Architecture & Design for True Storage. “We are excited to be part of the Akron community and have enjoyed working with Akron contractors and City Officials throughout the entire development process.”

CubeSmart customers will find, that this location has convenient access to Route 59, located right off Exit 4 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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True Storage Presents Keep Akron Beautiful a $1,000 Donation Akron, OH

True Storage Presents Keep Akron Beautiful a $1,000 Donation Akron, OH

Jacob Fuller the Operations Manager of the True storage team headed to Akron, OH to present a donation to Keep Akron Beautiful. Jacob was joined by Executive Director and CEO, Jacqui Ricchiuti and Emma Segedy, Community Outreach Manager of Keep Akron Beautiful to celebrate at our soon to open Cubesmart facility in Akron, OH. Giving back to the communities we develop in has become a tradition of ours at the end of each of our projects. We are honored to support Keep Akron Beautifuls’ mission in improving the Akron community. 

About Keep Akron Beautiful:  Keep Akron Beautiful was established in 1981 to implement a comprehensive litter prevention, recycling promotion and beautification program for the City of Akron. The organization develops and implements public education and community improvement programs on litter prevention, recycling, graffiti ratification, waste management and beautification to encourage citizens to take pride in Akron by participating in these activities. The organization envisions a litter free Akron, where all citizens and businesses take responsibility for the beautification of their community.  For more information about Keep Akron Beautiful and to learn how to donate, visit https://www.keepakronbeautiful.org/