SmartStop Self Storage Inc., which operates 169 facilities in 21 states and Canada, has released its financial statement for the quarter that ended June 30, 2015. During the second quarter, the company increased same-store revenue 7.5 percent and net o…
Self-Storage REITs Declare Third-Quarter 2015 Stock Dividends
The four publicly traded U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Public Storage Inc. and Sovran Self Storage Inc.—have declared dividends for the third quarter of 2015.
Self-Storage Conversion Project Supported by Morris, IL, Planning Commission
Real estate developers Michael and Thomas Kinzler received a positive recommendation last week from the planning commission in Morris, Ill., regarding their proposal to convert the former Beatty Lumber Yard to a self-storage facility. The Kinzlers requ…
Self-Storage Conversion Project Supported by Morris, IL, Planning Commission
Real estate developers Michael and Thomas Kinzler received a positive recommendation last week from the planning commission in Morris, Ill., regarding their proposal to convert the former Beatty Lumber Yard to a self-storage facility. The Kinzlers requ…
Public Storage Opens New Self-Storage Facility in Miami
Public Storage Inc., a self-storage real estate investment trust (REIT), opened a new facility this week in Miami. Under development for more than two years, the newly constructed property at 8477 S.W. 40th St. includes six stories and 922 units. The e…
Creating Wealth Through Self-Storage [Book Now Available]
This new Mark Helm book available through the ISS Store will give you the tools you need to effectively find quality properties, analyze risk and compete with the larger players for acquisitions.
4 Mistakes Self-Storage Owners Should Avoid When Signing a Cell-Tower Lease
A cell tower can be a great revenue-generator for a self-storage facility. If you’re considering this add-on profit center, avoid these four common errors when signing the lease agreement.
4 Mistakes Self-Storage Owners Should Avoid When Signing a Cell-Tower Lease
A cell tower can be a great revenue-generator for a self-storage facility. If you’re considering this add-on profit center, avoid these four common errors when signing the lease agreement.
Self-Storage Conversion Projects: Considerations for Site Assessment and Design
Due to land constraints in many communities, it’s become increasingly popular for self-storage developers and owners to convert vacant buildings to their desired use. If you’re considering a conversion project, here’s advice on assess…
Self-Storage Included in ‘Gateway Phase 2 Redevelopment Plan’ in Montclair, NJ
Update 10/1/15 – More than a dozen residents reiterated objections to portions of the Gateway Phase 2 Redevelopment Plan, including the self-storage component, during a workshop on Monday. While they were largely concerned with the amount of affo…