Colorado-based Red Dot Storage has purchased the five-property DeKalb County Self Storage portfolio in Illinois. The facilities in Cortland, DeKalb, Malta and Sycamore have a combined total of 250,000 rentable square feet of storage space in approximat…
Westy Self Storage in NJ Supports Local Book Sale for Women’s Scholarships
For the tenth year, Westy Self Storage of Chatham, N.J., is supporting Summit College Club’s book drive by providing storage and acting as a drop-off site. Donations of gently used softcover and hardcover books as well as DVDs can be dropped off …
Canadian Self-Storage Operator StorageVault Completes $51M Deal With Access/Cubeit
Update 10/12/15 – StorageVault Canada Inc. has completed the second of two tranches in the self-storage operator’s purchase of Cubeit Portable Storage Canada Inc. and seven storage facilities operated by Access Self Storage Inc. The tr…
SpareFoot Names Wichita, KS, as Self-Storage Capital of the United States
SpareFoot, an online marketplace for self-storage consumers, has crowned Wichita, Kan., as the “Self-Storage Capital of the U.S.” The city’s metro area offers 13.16 square feet of storage space per person, which is more than any of th…
NGKF Capital Markets Releases 4Q 2014 Self-Storage REIT Report
NGKF Capital Markets, a group within commercial real estate advisory firm Newmark Grubb Knight Frank (NGKF), has released an online report highlighting key performance metrics from the fourth-quarter 2014 financial results issued by the four publicly t…
Real Estate Firms Release Overviews of 4Q 2014 Self-Storage REIT Performance
Real estate firms BayView Advisors and MJ Partners Real Estate Services have released online reports highlighting key performance metrics from the fourth-quarter 2014 financial results issued by the four publicly traded U.S.-based self-storage real est…
Janus International Releases Whitepaper on Relocatable Units for Self-Storage
Inside Self-Storage and Janus International Group have released a whitepaper, “Relocatable Storage Units: Changing Today’s Self-Storage Landscape.” The free resource focuses on the development of Janus’ portable-storage offering, Movable Add…
AMERCO Real Estate Co. Buys American Mini Storage in Memphis, TN
Phoenix-based AMERCO Real Estate Co., the development and acquisitions entity for The U-Haul Co., recently purchased American Mini Storage in Memphis, Tenn., for $3.8 million. The seller was 7399 US Highway 64 Holdings LLC, an entity affiliated with Mi…
Valet Self-Storage Operator MakeSpace Expands Service to Chicago, Washington, DC
MakeSpace Labs Inc., a startup business specializing in valet-style self-storage in New York City, has expanded local service to Chicago and will begin serving Washington, D.C., in April. The company offers door-to-door service for customers’ sto…
Outsourcing Human Resources for a Self-Storage Business
With all the things a busy self-storage owner needs to do, it may be best for him to outsource his human resources (HR). A professional employer organization (PEO) enables you to outsource your HR, employee benefits, payroll and workers’ compensa…