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Chicago Illinois is a city filled with innovators that have contrived many things that we see and use every day such as the zipper, the TV remote control, car radio, roller skates, the Ferris wheel, they even produced the first Cracker Jacks. Here on our Chicago, Illinois facilities page you will find a listing of storage facilities all of which are ready to serve your storage needs. With so many variations in Chicago storage unit sizes, it's hard to know exactly what size will work best for you. One of the factors to keep in mind as you search for self storage in Chicago Illinois is what features the facility offers.
Atlanta-based Safeguard Self Storage is looking to conquer Chicago, starting with the construction of two urban self-storage facilities this year.
The multistory buildings will span 113,000 square feet of rentable space and cost up to $15 million to construct, according to Jim Goonan, senior vice president of development at Safeguard. If most people are saying ‘don’t develop,’ no one wants to stick their neck out and develop. The first project will be built on land the company bought in the West Rogers Park neighborhood for $700,000. Goonan said the company is looking at four or five other locations in urban pockets of Chicago.
Unlike most storage operators, Safeguard has been developing new facilities consistently over the past decade.

In addition to the new Chicago projects, Safeguard has several other projects in various stage of completion. A key to Safeguard’s expansion is that the company is owned by an $11 billion real estate fund administered by Morgan Stanley. Welcome.The Storage Facilitator is the modern self-storage professional's destination for useful education, intriguing news, diverse expert perspectives, technology updates, and beyond.
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The information contained herein has been obtained from third parties and we cannot guarantee the accuracy or completeness of the information. Here you will find a listing of Chicago Illinois storage facility names, street addresses, driving directions via our dynamic Chicago storage facility maps, and phone numbers to help make finding the best storage facility for you a breeze. Chicago is not only filled with inventors but they are also known for their passionate and supportive sports fans. No two storage buildings are built the same; many facilities have a state of the art electronic gate or a video surveillance system. Now, Safeguard is turning its attention to the inner city, where storage is in shorter supply. The new facilities will be built in a northern area of Chicago where there’s just 1 square foot of storage per person.

Because the company focused on building smaller facilities in high barrier-to-entry markets with little competition. Three facilities in the Miami area are under construction and expected to open this summer, and four locations in New York City either are under construction or recently opened. This white paper identifies major trends and best practices in rate management, occupancy analysis, rental contracts and profit management. With all of the innovation and team spirit flourishing out of Chicago self-storage facilities like Public Storage and Extra Space Storage are just about on every corner to assist the citizens of Chicago with all of their storage needs.
Safeguard is expected to close on a $1.1 million site on North Sheridan Road for the second project. Another factor: The company is willing to tackle the development and lease-up risks that publicly traded REITs avoid in favor of growth through acquisition.

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