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Monthly Archives: August 2016

Self-Storage Fraud Case Continues in California After Juror Misconduct

The trial for Richard D. Lamphere, a real estate developer accused of cheating two men out of more than $1.5 million as part of a self-storage development scheme in Oroville, Calif., is set to resume today after Judge E. Bradley Nelson temporarily susp…

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Life Storage Pursues Controversial Self-Storage Conversion in Lake Zurich, IL

Life Storage Inc., the real estate investment trust (REIT) formerly known as Sovran Self Storage Inc., intends to convert an 88,000-square-foot building in Lake Zurich, Ill., to self-storage. U-Haul International Inc. recently pursued a similar project…

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ISS Publishes 2016 Self-Storage Facility-Design Showcase

Inside Self-Storage (ISS) has published a new online image gallery, “Venturesome and Vibrant: Self-Storage Design Showcase 2016.” The free presentation provides viewers with a visual tour of self-storage exteriors including architecture elements,…

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Are You Misleading Tenants With Exaggerated Self-Storage Unit Sizes?

When it comes to marketing self-storage unit size, the industry primarily uses square feet, but most units aren’t actually true to their quoted size. When approximating unit dimensions, how much variance should be acceptable to customers vs. invi…

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Real Estate Roundup: Self-Storage Transactions August 2016

Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Many are covered in detail on the ISS website and available for viewing on the “Real Estate” topics page. Fol…

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Self-Storage Management Firms Announce 2Q 2016 Financial Results

Self-storage management companies Storage Asset Management Inc. (SAM) and Sentry Self Storage Management have released mid-year and second-quarter operating results, respectively. Both showed improvements in same-store revenue over last year.

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Self-Storage Directory EZstorit.com Announces First Recipient of ‘Get Ahead Scholarship’

Self-storage directory EZstorit.com has awarded its first $500 “Get Ahead Scholarship” to Eric A. Rosenfeld, an engineering student at San Jose State University (SJSU) in San Jose, Calif. The company selected Rosenfeld from a pool of more t…

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Venturesome and Vibrant: Self-Storage Design Showcase 2016

There’s been a revolution in self-storage facility design, and the once-common industrial model has been replaced with a modern, sleek, sometimes daring look. This showcase highlights inspiring facility exteriors across the United States and beyo…

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North American Self Storage Group Plans Warehouse Conversion in North Sacramento, CA

North American Self Storage Group (NASSG), an acquisition and development platform based in Costa Mesa, Calif., intends to convert an empty warehouse in North Sacramento, Calif., to self-storage. The company acquired the 5.5-acre property at 3970 Pell …

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UK Self-Storage Operator Big Yellow Protects Rare Bee Orchid

Big Yellow Self Storage in Norwich, England, is helping to protect a rare blossom that blooms for a few weeks each year near its property on Canary Way. Bee Orchids, which look as though there’s a bee resting on the flower, were first spotted in …

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