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Monthly Archives: October 2015

5 Steps to Keeping Self-Storage Collections to a Minimum

If there’s one thing we know in the self-storage industry, it’s that when a tenant gets behind on the rent, it can be challenging to save the situation. Here are a few suggestions to stay on top of collections and keep tenants current on th…

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5 Steps to Keeping Self-Storage Collections to a Minimum

If there’s one thing we know in the self-storage industry, it’s that when a tenant gets behind on the rent, it can be challenging to save the situation. Here are a few suggestions to stay on top of collections and keep tenants current on th…

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Self-Storage Operator Midland Storage Buys A Storage Inn in St. Louis

Midland Storage LLC, a Missouri-based self-storage company, has purchased A Storage Inn in St. Louis from Mason Miniwarehouses L.P., a limited partnership led by Richard K. Mersman III. The property at 11210 Midland Blvd. sits on nearly 3.5 acres of la…

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Self-Storage REIT Extra Space Acquires Treasure Island Storage in Cherry Hill, NJ

Extra Space Storage Inc., a publicly traded self-storage real estate investment trust (REIT) and third-party management firm, has acquired Treasure Island Storage in Cherry Hill, N.J., for $7.25 million. The three-story facility comprises 92,214 net re…

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Reliant Real Estate Management to Convert Former Kmart to Self-Storage in Greenville, SC

Reliant Real Estate Management LLC, a self-storage development and property-management firm, intends to convert a former Kmart store in Greenville, S.C., into a storage facility. The project would refurbish about 4 acres of a 10.5-acre retail center at…

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Rezoning Approved for Self-Storage Facility in Springfield, Ohio

Real estate developer Timothy Wiskirchen received zoning approval on Sept. 30 from Clark County Commissioners to build a self-storage facility on 2.5 acres of land in Springfield, Ohio. The Clark County Rural Zoning Commission had previously recommende…

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Rezoning Approved for Self-Storage Facility in Springfield, Ohio

Real estate developer Timothy Wiskirchen received zoning approval on Sept. 30 from Clark County Commissioners to build a self-storage facility on 2.5 acres of land in Springfield, Ohio. The Clark County Rural Zoning Commission had previously recommende…

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Commercial Real Estate Brokerage NAI Horizon Hires Self-Storage Veteran as Principal, Senior VP

NAI Horizon, an Arizona-based commercial real estate brokerage, has hired self-storage industry veteran Denise Nunez as a company principal and senior vice president. Nunez will specialize in representing buyers and sellers of self-storage investments …

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Commercial Real Estate Brokerage NAI Horizon Hires Self-Storage Veteran as Principal, Senior VP

NAI Horizon, an Arizona-based commercial real estate brokerage, has hired self-storage industry veteran Denise Nunez as a company principal and senior vice president. Nunez will specialize in representing buyers and sellers of self-storage investments …

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Self-Storage REITs to Release 3Q 2015 Financial Results, Conference Calls Announced

The four largest 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 announced when and how they will reveal their earning…

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