Decades ago, the self-storage real estate investment trusts started using call centers to gain higher occupancy and better maintain a competitive advantage over smaller industry operators. Today thousands of independent facilities are using third-party…
U-Haul Converts Burlington Coat Factory to Self-Storage in Brownsville, TX
Phoenix-based U-Haul International Inc., which operates more than 1,200 self-storage locations across North America, is converting a former Burlington Coat Factory in Brownsville, Texas, to self-storage. U-Haul Moving & Storage at 2400 Boca Chica B…
Public Storage Acquires Space Station Self Storage in League City, TX
Public Storage Inc., a self-storage real estate investment trust, has acquired Space Station Self Storage in League City, Texas, a suburb of Houston. The property at 3730 Columbia Memorial Parkway comprises nearly 78,000 net rentable square feet of sto…
A Self-Storage Manager’s Personal Account of Louisiana Flooding
Following heavy rainfall last month, parts of southern Louisiana have been ravaged by flooding, leaving many homeless. Guest blogger Fay Smithhart, manager at My Self Storage in Gonzales, La., provides a personal account of the flood, how the new facil…
UK Self-Storage Operator Safestore Releases Financial Results for Period Ending July 31
U.K. self-storage operator Safestore Holdings PLC has released its financial statement for the third quarter of its 2016 fiscal year, which ended July 31. The report indicates Safestore experienced growth in revenue, rental rates and occupancy at its s…
Australasia Self-Storage Operator Storage King Joins ‘Airpoints for Business’ Program
Storage King Group, an Australasia-based self-storage operator, has joined the Air New Zealand “Airpoints for Business,” program in which members can earn points when leasing a storage unit or purchasing packaging materials. Members of the …
Cascade Self Storage in Medford, OR, Hosts Janette Krook Memorial Dog Wash
Cascade Self Storage in Medford, Ore., recently hosted two events as part of the Janette Krook Memorial Dog Wash and Barbecue, which benefited the Southern Oregon Humane Society (SOHS). A July 23 event was held at the storage operator’s 2562 W. M…
Self-Storage Facility Expands in Crystal Lake, IL
Now that it’s been open a year, the 490-unit Crystal Lake Self Storage facility in Crystal Lake, Ill., will add another 50,000 square feet of storage space as well as spaces for vehicle storage. The project, which is expected to be complete next …