Stephen Guido of Guido Self Storage in Natchez, Miss., has an unusual side job. Not only does he volunteer as a helicopter pilot with the Adams County, Miss., Sheriff’s Office (ACSO), Guido has just become certified as a drone pilot by the Federa…
Using Automation to Meet Your Self-Storage Business Needs
Automation is a technology solution that supports nearly every self-storage owner’s top priorities. This article explores why operators should consider it, highlighting various tools and services available.
Extra Space Storage Enters Minnesota Self-Storage Market
Extra Space Storage Inc., a publicly traded self-storage real estate investment trust (REIT) and third-party management firm, has opened its first Minnesota facility in St. Louis Park. The property at 5051 Highway 7 was developed and is owned by Buhl I…
Monolith Group Plans to Acquire or Build 50 Self-Storage Facilities Within 5 Years
The Monolith Group LLC, a commercial real estate acquisition and development firm specializing in self-storage, intends to acquire or build up to 50 self-storage facilities during the next five years. The Scottsdale, Ariz.-based company has completed t…
Boardwalk Development Group Launches $50M Investment Fund for Self-Storage Acquisitions
Update 8/23/17 – BDG has acquired Smallwood’s Home & Garden Center in Cumming, Ga., with the intent to convert it to self-storage. The property at 2168 Canton Highway was purchased through Fund I and is adjacent to Boardwalk Storage &nd…
Oswego Self Storage of NY Collects Donations for Local Homeless Services
Oswego Self Storage in Oswego, N.Y., is partnering with civil-society program AmeriCorps to collect donations that will benefit homeless youth and families who are attempting to establish independent housing. The property at 121 George St. will offer d…
Self-Storage REIT Extra Space Acquires Eldridge FM 1960 Storage & Office Warehouses in Houston
Extra Space Storage Inc., a publicly traded self-storage real estate investment trust (REIT) and third-party management firm, has purchased Eldridge FM 1960 Storage & Office Warehouses in Houston from The Jenkins Organization Inc. The property at 1…
ISS World Expo Is Just A Few Weeks Away! Are You In?
With 170+ exhibitors, various networking events and a highly-rated education program, the ISS World Expo is the place you need to be to learn, grow and accelerate your business in 2016. Join us April 25-28 in Las Vegas.
Dealing With Self-Storage Tenant Death, Divorce and Other Disasters
Self-storage operators face many legal challenges and can often be confused about the right course of action. The following offers insight on how to handle three common issues: tenant death or divorce, and disasters.
Prime Group Holdings Buys 4 Self-Storage Facilities in MA, NY for $23.5M
Prime Group Holdings, a New York-based real estate group that owns self-storage and other commercial and residential property, has purchased the four-property Safe Storage Inc. portfolio in Massachusetts and New York for $23.5 million. Rebranded as Pri…