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Monthly Archives: April 2016

Regency Affiliates Enters Self-Storage Sector With 5-Property, Joint-Venture Purchase in Pennsylvania

Real estate investment firm Regency Affiliates Inc. has entered the self-storage sector by acquiring a five-property portfolio in Harrisburg, Pa., for $35 million. The acquisition is part of a joint venture with Self Storage Capital Partners (SSCP). Th…

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Building an Online Self-Storage Marketplace

There are several ways self-storage operators can turn their websites into a revenue-generating machine beyond simply attracting new tenants. Two of the easiest are to offer online reservations and customer billpay.  

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Self-Storage Rejected for Site of Former Office/Apartment Space in Ottawa, Canada

Update 5/31/16 – Acting on advice from the city attorney, the Ottawa Planning Commission chose not to consider the zoning change that would have enabled the Weigands to pursue their self-storage conversion project. While warehousing and storage a…

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South Africa Self-Storage Operator Stor-Age Sponsors The Color Run

Stor-Age Property REIT Ltd., which operates 37 self-storage facilities in South Africa, is sponsoring The Color Run South Africa this year. In addition to offering storage space for powdered paint for the series of 5K events, the operator is giving awa…

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Self-Storage Education DVDs for 2016 Expo Now Available for Pre-Order in ISS Store

The education DVDs that will be recorded during the Inside Self-Storage World Expo in Las Vegas, April 25-28, are now available for pre-order in the ISS Store, an e-commerce website providing research and education products for industry professionals. …

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Creating the Right Mindset for Self-Storage Collections Staff Training and Emplowerment

Debt collection is one area in which there’s always room for improvement in the self-storage business. Learn how to train and empower facility managers for more successful debt recovery.

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Mixed-Use Development Including Self-Storage, Car Wash and Retail Proposed for Epping, NH

Tuck Realty Corp., a land-planning and development company, is seeking approval from city officials in Epping, N.H., to build a mixed-use project that will include self-storage, a car wash and retail space on a 40-acre parcel along New Hampshire Route …

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OpenTech Alliance Launches National TV Advertising Campaign to Promote Self-Storage Auctions

OpenTech Alliance Inc., a Phoenix-based provider of self-storage kiosks, call-center services and other technology, is rolling out a television-advertising campaign aimed at online self-storage auction bidders. The promotion comes three months after&nb…

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Sovran Self Storage Acquires 4-Property Magellan Portfolio in CA for $105M

Sovran Self Storage Inc., the real estate investment trust that operates the Uncle Bob’s Self Storage brand, has purchased the four-property Magellan Storage portfolio for $105 million from The Magellan Group. The facilities in Los Angeles and Orange C…

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Valet Self-Storage Operator Closetbox Raises $5M in Funding

Closetbox Inc., a startup business specializing in valet self-storage services, has raised more than $5 million from 16 investors in exchange for company equity, according to a filing with the Securities and Exchange Commission. The April 12 filing by …

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