A joint venture can be a good source of capital for a self-storage owner or developer who needs fresh equity, though it does come with some strings. Following is a breakdown of joint-venture capital and partnerships and some key items you need to know …
Tips to Enhance Your Self-Storage Facility’s Website and Social Media Presence
With more customers using the Internet to interact with companies, it’s critical that your self-storage business has a solid online presence. Here are some ways to improve your website and social media efforts.
Self-Storage REITS Announce Conference Calls to Discuss 1Q 2016 Financial Results
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…
German Valet Self-Storage Operator ‘Box at Work’ Expands to Switzerland
Box at Work GmbH, a Berlin-based startup specializing in valet self-storage and moving-bin rentals with service in several German cities, has expanded service to Zurich, Switzerland. The company uses an online platform that allows customers to schedule…
Expansion of JA Mini Storage Approved in South Haven, MI
JA Mini Storage received approval this week to expand its self-storage facility in South Haven, Mich. Township officials had agreed earlier this year to allow one new building to be constructed at 1505 2nd Ave., and then the owner requested approval fo…
Prime Storage of Egg Harbor, NJ, Collects Shoes for the Needy
Self-storage operator Prime Storage of Egg Harbor, N.J., is partnering with St. Augustine Preparatory School in Richland, N.J., and United to Share on a shoe drive that will benefit people of all ages through various domestic and international programs…
Master These 3 Business Areas to Ensure Long-Term Self-Storage Success
Every U.S. business startup has a 50 percent chance of survival in the first five years, including self-storage. Guest blogger Mark Helm, a commercial real estate agent and self-storage investor, says the key to ensuring long-term success is creating s…
Strategic Storage Trust II Agrees to Buy 27-Property Mindful Self-Storage Portfolio for $371M
Strategic Storage Trust II Inc. (SST II), a public, non-traded, self-storage real estate investment trust (REIT) sponsored by SmartStop Asset Management LLC, has completed its purchase of the 10 Florida facilities and single Maryland facility from Mind…
Secure Self Storage Opens New Facility in Norwalk, CT
Update 1/25/17 – Secure Self Storage has opened its facility on Connecticut Avenue. The four-story building comprises 770 units. The site was the former headquarters of Microphase, a developer of radar subsystems, and is also home to the Stonefie…
San Diego Self Storage Facilities to Support Jacobs & Cushman Food Bank in May
San Diego Self Storage (SDSS) is partnering with The Jacobs & Cushman San Diego Food Bank for a food drive this May. All 17 SDSS locations will serve as collection sites for nonperishable food donations.