Self storage

CTO Realty Growth Provides Year-To-Date Leasing Update

Retrieved on: 
Monday, March 11, 2024
Acquisition, Shop, Bath & Body Works, Growth, Foot, Sunglass Hut, Occidental Petroleum, Regal Cinemas, Self storage

WINTER PARK, Fla., March 11, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today provided an update on its recent leasing activities:

Key Points: 
  • WINTER PARK, Fla., March 11, 2024 (GLOBE NEWSWIRE) -- CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today provided an update on its recent leasing activities:
    Year-to-date, signed 16 leases totaling 112,480 square feet at an average cash base rent of $27.49 per square foot.
  • On a comparable basis, which excludes vacancy existing at the time of acquisition, CTO signed 12 leases totaling 103,065 square feet at an average cash base rent of $26.58 per square foot compared to a previous average cash base rent of $14.06 per square foot, representing 89% comparable growth.
  • Executed an approximately 45,000 square foot lease with a regional fitness tenant for the replacement of Regal Cinemas at Beaver Creek Crossing in Apex, NC.
  • Signed notable new leases, renewals, or extensions with Altar’d State, Bath & Body Works, Occidental Petroleum, Total Wine & More and Sunglass Hut.

Palms Garage Door Repair Greater Bay Area CA Premiere Repair Specialists Launch New Website

Retrieved on: 
Friday, March 8, 2024
Life, Knowledge, Safety, Accident, San Francisco Bay, Weather, Self storage

The trusted garage door repair experts hope its new website will empower more California residents and businesses to explore its various garage door solutions.

Key Points: 
  • The trusted garage door repair experts hope its new website will empower more California residents and businesses to explore its various garage door solutions.
  • “Whether you need a garage door repair or want a new garage door installed, we will take care of it for you.
  • Garage Door Repair: Palms Garage Doors has become acclaimed in California for its excellent garage door repair service.
  • Garage Door Maintenance: The top-rated garage door maintenance services delivered by the trained Palms Garage Doors team are designed to extend the life of a garage door and keep it functioning safely and smoothly.

KP Tissue Releases Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 7, 2024
Acquisition, MD, Investment, Marketing, TSX, Sale, Adjustment, Advertising, Income tax, KPT, AFH, Webcast, White, Net, Consumer, Self storage

MISSISSAUGA, Ontario, March 07, 2024 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q4 2023 and full year 2023 financial and operational results of KPT and Kruger Products Inc. (Kruger Products).

Key Points: 
  • MISSISSAUGA, Ontario, March 07, 2024 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q4 2023 and full year 2023 financial and operational results of KPT and Kruger Products Inc. (Kruger Products).
  • Net income was $16.5 million in Q4 2023 compared to $16.0 million in Q4 2022, an increase of $0.5 million.
  • Revenue was $1,873.0 million in Fiscal 2023 compared to $1,681.4 million in Fiscal 2022, an increase of $191.6 million or 11.4%.
  • KPT will hold its fourth quarter conference call on Thursday, March 7, 2024 at 8:30 a.m. Eastern Time.

Highwoods Provides Leasing Update

Retrieved on: 
Friday, March 1, 2024
AA, Heart, LEED, HIW, Self storage

RALEIGH, N.C., March 01, 2024 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE:HIW) announced today that leases totaling another 129,000 square feet have been signed at 23Springs, a Class AA development encompassing 626,000 square feet of multi-customer office and 16,000 square feet of retail in the heart of the dynamic Uptown Dallas BBD. The Company is developing 23Springs in a 50/50 joint venture with Granite Properties.

Key Points: 
  • The Company is developing 23Springs in a 50/50 joint venture with Granite Properties.
  • The total anticipated investment for 23Springs is expected to be approximately $460 million (at 100%).
  • 23Springs is designed with a commitment to sustainability and wellness and is pursuing LEED and Fitwel certifications.
  • In addition to solid leasing of 1st gen space in our development pipeline, since January 1, 2024, we have leased more than 700,000 square feet of 2nd gen office space, including over 300,000 square feet of new leases,” added Mr. Klinck.

Samara Acquires Factory to Scale Manufacturing of Backyard as Demand for ADUs Soars in California

Retrieved on: 
Thursday, February 29, 2024
Acquisition, Engineering, Secondary suite, ADU, Self storage

Located in Mexicali, Mexico, the factory gives Samara more control over the quality standard of Backyard, shortens delivery timelines, accelerates product development and enables the company to meet rising customer demand in California and beyond.

Key Points: 
  • Located in Mexicali, Mexico, the factory gives Samara more control over the quality standard of Backyard, shortens delivery timelines, accelerates product development and enables the company to meet rising customer demand in California and beyond.
  • Born out of Airbnb’s R&D unit, Samara is an independent company revolutionizing how homeowners can add living space to their homes.
  • The company’s conviction aligns with the surging demand for ADUs; ADU permits issued in California grew nearly 19x from 2016 to 2022.
  • Samara currently offers Backyard in California, with plans to expand to other markets in the future.

SecureSpace Announces Opening of New Self-Storage Facility in San Bernardino, CA

Retrieved on: 
Tuesday, February 27, 2024
Interstate 210, Interstate Highway System, Golden, Wi-Fi, Sale, Golden State, Self storage

Redondo Beach, CA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Continuing its expansion in Southern California, SecureSpace Self Storage today announced the grand opening of a new self-storage facility, SecureSpace San Bernardino , located in and serving the city of San Bernardino, California.

Key Points: 
  • Redondo Beach, CA, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Continuing its expansion in Southern California, SecureSpace Self Storage today announced the grand opening of a new self-storage facility, SecureSpace San Bernardino , located in and serving the city of San Bernardino, California.
  • The facility is equipped with SecureSpace’s proprietary high-security platform – managed by our National Security Team – including AI-enabled cameras and sensors that provide a state-of-the-art security and monitoring platform.
  • “I am very happy to announce that SecureSpace San Bernardino is now open,” said SecureSpace Partner Paul Brown.
  • SecureSpace Odenton is open for business, and customers can reserve their own secure space by visiting SecureSpace.com or calling (877) 399-0319.

Skyline Industrial REIT purchases two newly developed industrial assets in the Montreal area, totaling 373,000+ square feet

Retrieved on: 
Wednesday, February 21, 2024
Exempt market dealer, Pointe-Claire, Transport, REIT, Sleep Country Canada, City, Partnership, Self storage

Guelph, Ontario, Canada, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Skyline Industrial REIT recently purchased two newly constructed industrial assets in the Montreal, Quebec area.

Key Points: 
  • Guelph, Ontario, Canada, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Skyline Industrial REIT recently purchased two newly constructed industrial assets in the Montreal, Quebec area.
  • On January 16, 2024, Skyline Industrial REIT acquired the remaining partner interest of 555 & 565 Avenue Victor Davis in Pointe-Claire, Quebec.
  • On February 20, 2024, Skyline Industrial REIT purchased a single-tenant industrial logistics and warehousing facility located at 6100 Rue Notre-Dame Est in Montreal.
  • Skyline Industrial REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth Management”), the preferred Exempt Market Dealer for the REIT.

Sienna Senior Living Inc. Reports Strong Fourth Quarter 2023 Financial Results and Delivers 16.5% Increase in Same Property Net Operating Income

Retrieved on: 
Tuesday, February 20, 2024
Acquisition, Retirement, SIA, TSX, Growth, Use, LTC, Government, NOI, Financial statement, Maturity, Dementia, Public expenditure, Self storage

Sienna's strong fourth quarter and annual results reflect the return to a stable operating environment, the Company's successful cost management strategy, and sustained reductions in temporary agency staffing costs.

Key Points: 
  • Sienna's strong fourth quarter and annual results reflect the return to a stable operating environment, the Company's successful cost management strategy, and sustained reductions in temporary agency staffing costs.
  • Q4 2023 marks the fourth consecutive quarter of significant year over year same property net operating income (“NOI”) growth in the Company’s long-term care and retirement segments.
  • “Sienna’s consistently strong financial performance in 2023 indicates that we are on the right track.”
    Same-property NOI increased by 16.5% to $37.7 million in Q4 2023, compared to Q4 2022, including
    a 11.8% increase in the retirement segment.
  • The increase was primarily related to the increase in OFFO, offset by higher maintenance capital expenditures, and a decrease in construction funding income.

Quadrum Global Announces the Commencement of Closings at The Huron and Reveals Modern Residence by Vesta

Retrieved on: 
Thursday, March 7, 2024
Interior Design, Architecture, Other Construction & Property, Residential Building & Real Estate, Construction & Property, REIT, Landscape, Barbecue, Onyx, Marketing, Huron Street, Vesta, VRF, Sunlight, Barnes & Noble Nook, Self storage

Today Quadrum Global , a global real estate development and investment firm, announced the first closings at The Huron , a striking two-tower condominium development located at 29 Huron Street in Greenpoint, Brooklyn.

Key Points: 
  • Today Quadrum Global , a global real estate development and investment firm, announced the first closings at The Huron , a striking two-tower condominium development located at 29 Huron Street in Greenpoint, Brooklyn.
  • “We are extremely proud to announce the commencement of closings at The Huron, and the reveal of one our final model homes by Vesta,” says Jared White, Managing Director of Quadrum Global.
  • We’re thrilled that buyers can enjoy the best of The Huron including the views, outdoor spaces, sprawling amenities, and stunning finishes.
  • The model residence by Vesta evokes a sense of calm and sophistication as the overall palate pays homage to Greenpoint’s manufacturing history.

Trammell Crow Residential Expands in Greater Boston with New Luxury Community in Chelmsford

Retrieved on: 
Thursday, March 7, 2024
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, TCR, Crow Holdings, Florida State Road 438, Crow, Corridor, Northeast Division, Partnership, Self storage

Trammell Crow Residential (TCR), the multifamily development platform of Crow Holdings, today announced construction has commenced on its latest Alexan community, a 340-unit, luxury multifamily residence in Chelmsford, Massachusetts.

Key Points: 
  • Trammell Crow Residential (TCR), the multifamily development platform of Crow Holdings, today announced construction has commenced on its latest Alexan community, a 340-unit, luxury multifamily residence in Chelmsford, Massachusetts.
  • Located at 255 Princeton Street, Alexan Chelmsford will redevelop the former UMass Lowell West Campus into a tranquil, 32-acre residential community.
  • This development is a continuation of our company’s efforts to meet Greater Boston’s housing demand,” said Andy Huntoon , Managing Director, Northeast Division of Trammell Crow Residential.
  • With the addition of Alexan Chelmsford, TCR’s Northeast apartment portfolio has nearly 2,000 apartment units in various stages of development.