LSC Development LLC of Barrington, IL finished building a 90,136 NRSF structure, with 1,691 units, at 62-05 30th Ave. in Woodside, NY. It’s located in Northwest Queens near LaGuardia Airport and the Brooklyn Queens Expressway.

Even when a desired parcel is zoned for self-storage, developers sometimes find themselves in a battle to build their project. Litigation along with a mixed-use approach helped LSC Development get approval in the Jefferson Park neighborhood of Chicago. Read how.

LSC Development in partnership with Amenity Self-Storage Holdings has opened a new self storage facility in Nassau County, New York. The facility will be managed by Life Storage, Inc.

LSC Development has taken out a $59.5 million refinancing package for a three-property self storage portfolio encompassing approximately 311,823 square feet in Hewlett, Garden City and Oceanside, N.Y.

Sovran has completed its acquisition of LifeStorage. The purchase was funded primarily with the proceeds from an offering of 6.9 million shares of common stock and the sale of $600 million in 10-year notes with an interest rate of 3.5 percent.

Citigroup Global Markets and BMO Capital Markets teamed up to extend the new financing to Roseville, CA-based LifeStorage, which will use the money to buy self-storage facilities in the 50 largest U.S. markets. Raymond James Bank also participated in the financing.