Property owner Kurt Swanson of KL Swanson Enterprises Ltd. received mixed city-council support this week for a proposed zoning amendment that would enable him to convert a commercial building to self-storage in Cranbrook, British Columbia, Canada. Swan…
Shurgard Self-Storage Agrees to Buy Dutch City Box Chain From Immofinanz Group
Shurgard Self-Storage, the international brand operated by U.S. real estate investment trust Public Storage Inc., has agreed to purchase the 23-property City Box self-storage portfolio controlled by Immofinanz Group, an Austria-based real estate invest…
Shurgard Self-Storage Agrees to Buy Dutch City Box Chain From Immofinanz Group
Shurgard Self-Storage, the international brand operated by U.S. real estate investment trust Public Storage Inc., has agreed to purchase the 23-property City Box self-storage portfolio controlled by Immofinanz Group, an Austria-based real estate invest…
US Storage Centers Makes First Texas Acquisition With Plano Self-Storage Facility
US Storage Centers Inc. (USSC), which owns and operates more than 85 self-storage facilities in 13 states, has made its first Texas acquisition with the purchase of All Star Storage in Plano. Though the company has provided third-party management servi…
Tenant Faces Murder Charge in Shooting at Paducah, KY, Self-Storage Facility
A self-storage tenant is facing a murder charge after shooting and killing an alleged burglar on Monday at AAA Stow-A-Way Storage in Paducah, Ky. Jeffrey Conrad, 49, of Benton, Ky., was arrested on Tuesday by the McCracken County Sheriff’s Department a…
South Street Capital to Enter Self-Storage Market By Acquiring Assets in the Midwest and Texas
South Street Capital, a Chicago-based real estate investment firm, is expanding its acquisition strategy to include self-storage properties in the Midwest and Texas. The company plans to acquire 1 million square feet of storage space in markets includi…
Jernigan Capital CEO Says US Metropolitan Markets Need $25B in Self-Storage Development
The top 50 U.S. metropolitan markets need approximately $25 billion in new self-storage development to meet population growth and expected consumer demand during the next five years, according to Dean Jernigan, chairman and CEO of Jernigan Capital Inc….
StorageBlue Refinances Self-Storage Portfolio, Eyes National Expansion
StorageBlue LLC, a New Jersey-based self-storage operator that launched earlier this year with four facilities, has refinanced its portfolio by securing a $31.25 million loan from Natixis Real Estate Capitol LLC. The company restructured its financing …
The Do’s and Don’ts of Handling Difficult Self-Storage Customers
How you handle difficult custom-service situations at your self-storage facility is critical to achieving a quick and easy resolution as well as maintaining a good reputation for your business. Here are some do’s and don’ts to follow when y…
Moove In Self Storage Satellite Property in Lancaster, PA, Gets a Facelift
The Moove In Self Storage – Centerville facility at 22 Prestige Lane in Lancaster, Pa., is undergoing a series of physical upgrades that are scheduled to be complete this summer. Purchased by the storage operator last August, the property is a sa…