Self-storage owners who are unfamiliar with the facility-sales process may have questions about the procedures and tactics that will help them achieve maximum asset value. Here’s insight to pricing, marketing and deal structures to help you reach…
SJM Partners Files Application for 6-Story Self-Storage Facility in NYC’s Upper East Side
Real estate developer SJM Partners Inc. has filed plans to build a six-story self-storage facility on the Upper East Side of New York City. If approved, the building on East 92nd Street would be 85 feet tall and comprise 44,432 square feet of floor spa…
Extra Space Buys 2-Property Hawaii Self-Storage Portfolio
Extra Space Storage Inc., a publicly traded self-storage real estate investment trust and third-party management firm, has purchased a two-property Hawaii Self Storage portfolio containing facilities in Hilo and Lihue, Hawaii. Combined, the properties …
Dog Playfully Keeps Balloon Afloat in Video From Turkey Self-Storage Operator Rent a Depo
How much fun can a dog have keeping a balloon afloat in a hallway lined with self-storage units? Thanks to this cute clip from Rent a Depo in Istanbul, you can watch for yourself.
Self-Storage Tenant Injured in Car-Gate Snafu in Basalt, CO
A woman was injured by her own car on Monday while trying to enter her access code at a Basalt, Colo., self-storage facility. The tenant had exited her car to punch in the code, accidentally leaving the vehicle in reverse. She sustained “extensiv…
Online Price Aggregator Storage Seeker Introduces Monthly Self Storage Rent Index
Storage Seeker, an online self-storage directory and price aggregator, has launched a monthly Self Storage Rent Index, which tracks average price fluctuations from same-store units in more than 3,000 U.S. cities. In November, the national index decline…
Macritchie Converts Former Liquor-Control Warehouse to Self-Storage in Lansing, MI
Macritchie Storage LLC, a self-storage developer based in Calgary, Alberta, Canada, is planning to convert the former Michigan Liquor Control Commission warehouse in Lansing, Mich., to self-storage. The company will spend $2.9 million to transform the …
Australia Self-Storage Operator Kennards Seeks to Expand in Castle Hill, New South Wales
Kennards Self Storage, which operates more than 80 facilities in Australia and New Zealand, is attempting to expand a facility it operates in Castle Hill, New South Wales, Australia. The 5.4-acre site currently houses several buildings, including three…
Australia Self-Storage Operator Kennards Seeks to Expand in Castle Hill, New South Wales
Kennards Self Storage, which operates more than 80 facilities in Australia and New Zealand, is attempting to expand a facility it operates in Castle Hill, New South Wales, Australia. The 5.4-acre site currently houses several buildings, including three…
Using Video Marketing to Reach New Heights in Your Self-Storage Business
Online video is quickly becoming the go-to medium for marketers in their quest to reach their target audience. Here’s why self-storage operators should consider video to increase their Web visibility and tips to help build a successful video-mark…