Generally, I’m very pleased with the performance of the storage fleet in California, but we cannot have fires on a regular basis.” Climate & Environment One of America’s reddest states wants ...

Despite current challenges, quality operators have maintained their access to capital, according to Gantry's Tom Dao.

The facilities total 2,284 self storage units and 270,841 rentable square feet. The assets in Carson, Calif., and Carlsbad, Calif., were approximately 90 percent occupied at the time of the sale.

Battery storage facilities are considered a vital piece of California’s target to derive 100% of its electricity from carbon-free sources by 2045 or earlier.

AB 303 would also require a 3,200-foot setback from "sensitive places" like homes and schools and healthcare facilities, Addis said. The Opt-In Certification Program, authorized by Assembly Bill ...

In the wake of a spate of fires at battery storage facilities across the state, the California Public Utilities Commission will soon vote on establishing new standards for maintaining and ...