While most self-storage managers are honest, there are some who would take advantage of their unique employment opportunity to steal. Here are some ways managers have stolen money from their facilities and what owners can do to prevent it from happenin…
U-Haul Self-Storage: Acquisition and Development August 2016
Phoenix-based U-Haul International Inc., which operates more than 1,200 self-storage locations across North America, continues to acquire existing storage facilities as well as convert empty buildings to self-storage.
Zarkowsi Properties Seeks to Build Self-Storage in Greenville, MI
Gary Zarkowski, owner of property-development and real estate firm Zarkowski Properties, is seeking approval to build a self-storage facility on a parcel he owns in Greenville, Mich. The vacant 5-acre site at 6910 S. Greenville Road is across from the …
Self-Storage Blossoms in Windham, ME
Windham, Maine, is experiencing a rush of self-storage projects. Three proposals for new facilities or expansions to existing properties have been presented to the city’s planning board since June. The projects vary in size, from 20 to 100 units,…
ISS News Desk: South Africa Self-Storage Operator Stor-Age Hosts Elaborate Staff Conference
South Africa-based self-storage operator Stor-Age Property REIT Ltd. pulled out all the stops this summer for its staff conference. The company hosted more than 140 employees during an overnight conference that included multiple destinations and team-b…
Public Storage Buys Devon Self Storage Facility in Canton, MI
Public Storage Inc., a self-storage real estate investment trust (REIT), has acquired a Devon Self Storage facility in Canton, Mich. The property at 47887 Michigan Ave. comprises 113,851 net rentable square feet in 790 units, nine office suites and 15 …
In Self-Storage and Beyond, We Live in an On-Demand World
From media and software to food and services, consumers are demanding more and more instant gratification. We live in an on-demand world, and there’s a quickly expanding universe of things we can acquire or achieve with a simple Internet connecti…
Devon Self Storage Acquires Camp Bowie Self Storage in Fort Worth, TX
Devon Self Storage, which owns or manages 46 facilities nationwide, has acquired Camp Bowie Self Storage in Fort Worth, Texas. The property at 6471 Camp Bowie Blvd. comprises 61,730 square feet in 545 units. Devon intends to expand the facility to 73,7…
Self-Storage of Peterborough, NH, Gets Provisional Permission to Expand
The Peterborough, N.H., Planning Board recently granted provisional approval of an expansion to Self Storage of Peterborough on U.S. Route 202, north of ConVal Regional High School. The storage operator intends to add six buildings comprising 21,600 sq…
Hampshire Real Estate Cos. Affiliate to Build Self-Storage Complex in Carteret, NJ
An affiliate of Hampshire Real Estate Cos., a real estate investment firm and self-storage operator, has received approval to move forward with a 96,000-square-foot storage facility in Carteret, N.J. The company, 48 Lefferts Street Urban Renewal LLC, w…