Morningstar Properties LLC, which operates self-storage facilities under the Morningstar Mini-Storage brand, intends to develop a storage location at Shoppes at the Landing, a 52-acre mixed-use project in Lake Wylie, S.C. The size of the facility is st…
Grant Properties Seeks Permit to Build New Self-Storage Facility in Memphis, TN
Real estate development company Grant Properties LLC is seeking to build a $3.64 million self-storage facility on a 5.7-acre vacant parcel it owns in Cordova, Tenn., a community just east of Memphis. The company filed a permit with the Shelby County De…
The Storage Mall Acquires 2 Storage Station Self-Storage Facilities in NJ
The Storage Mall, which operates 14 self-storage facilities in New Jersey and New York, has purchased two-property Storage Station portfolio in New Jersey, its second acquisition in the state, according to a company press release. The properties are at…
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Maximizing Your Business Protection: Updating Your Self-Storage Rental Agreement
Just like all other capital assets, your self-storage rental agreement needs to be kept up to date. Here’s an overview of the provisions you must have in your lease to better protect your business.
Assembling Your Self-Storage Construction Team: Setting Yourself Up for Success
Many first-time self-storage developers are learning as they go through the construction process, but this can lead to huge mistakes. Rather than “wing it,” build a solid team composed of quality professionals to ensure your project’s…
Southern Self Storage Expands Portfolio in Florida and Georgia
Southern Self Storage, which operates facilities in Georgia and Florida, is expanding its operating portfolio in both states. The company recently acquired a facility in Pensacola, Fla., which had been managed by self-storage real estate investment tru…
U-Haul Opens Self-Storage Facility in Peachtree City, GA
The U-Haul Co. of Georgia has opened a moving and self-storage facility in Peachtree City, Ga. The property at 375 Highway 74 S. is called U-Haul Moving & Storage of Starrs Mills and is built on 14.12 acres. Its main building, comprising 70,708 squ…
Self-Storage Operator Ace Storage Faces Wrongful-Sale Lawsuit in Collinsville, IL
A former self-storage tenant has filed a wrongful-sale lawsuit against Ace Storage in Collinsville, Ill. Plaintiff Gary Tedford of Edwardsville, Ill., alleges the self-storage operator never sent him a late-payment notice after he was 10 days past due …
Create Self-Storage Manager Redundancy to Maintain Quality of Service in a Pinch
Task for task, a self-storage manager’s job may be as multi-faceted as any property-management, retail or service position, which complicates the process of setting up labor redundancy but also makes it necessary. How prepared is your business sh…