News: Owners Developers & Managers

Storage Opportunity Partners acquires 71,025 s/f Secure Self Storage facility

Storage Opportunity Partners LLC (StorageOp) has acquired Secure Self Storage. The acquisition brings StorageOp's holdings to 10 properties totaling 596,600 rentable s/f, 5,175 units and 940 outdoor storage spaces in its initial target markets of N.E. and southeastern Michigan. Secure Self Storage is situated at the interchange of I-195 and Rte. 140 in a high traffic, high visibility location. Built in 2003, the facility consists of 11 single-story storage buildings totaling 71,025 rentable s/f and 517 storage units. 25% of the rentable area is climate-controlled. The acquisition will create operational synergies with StorageOp's existing portfolio of four properties in eastern Mass. The property will be rebranded Storage Pros Self Storage, and will be operated by Storage Pros Management LLC, a wholly owned subsidiary of StorageOp, owned by principals David Levenfeld and Ian Burnstein. Storage Pros will be adding Budget Truck Rental to the facility. For more information visit www.storageop.com and www.thestorageprosonline.com.
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Columns and Thought Leadership
IREM President’s Message: Fostering community connections during the holiday season

IREM President’s Message: Fostering community connections during the holiday season

The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season
Selecting the right façade installation firm - by Steven Powell

Selecting the right façade installation firm - by Steven Powell

As the owner of a major new property being developed, or an existing large building preparing for major renovation, you want your design and construction team to have the right experience, capabilities, and expertise to match the project demands. A critical member of this team will be the façade installation specialty firm, since the quality of this installation will impact
Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.