If you’re considering a new self-storage project, a comprehensive feasibility study is a must. But before you hire a professional to conduct one, you have your own homework to do. Here’s an overview to get you started.
Self-Storage REITs Schedule Conference Calls to Discuss 4Q 2016 Financial Results
Four of the five largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Life Storage Inc. and National Storage Affiliates Trust—have announced when and how they will revea…
Winsted, CT, Zoning Commission Approves Unmanned Self-Storage Facility
Northwest Sporting Goods & Supply LLC received permission from the Winsted, Conn., Planning and Zoning Commission on Monday to build an unmanned self-storage facility on a vacant lot. The property at 180 Rowley St. is adjacent to its Northwest Spor…
StorageMart Acquires Council Bluffs, IA, Self-Storage Facility
StorageMart, which operates more than 190 self-storage properties across Canada, the United Kingdom and the United States, has purchased a facility in Council Bluffs, Iowa, just west of Omaha. It’s the company’s fifth location in the region…
Early-Bird Registration Discounts for the 2017 Inside Self-Storage World Expo Expire Feb. 20
Early-bird registration discounts for the 2017 Inside Self-Storage World Expo will expire on Feb. 6. The event will take place at the Paris Hotel & Resort in Las Vegas, April 10-13. The early-bird rates allow attendees to save $330 on the…
Tapping Into Germany’s Undeveloped Self-Storage Market
Like many international self-storage markets, Germany remains largely underdeveloped. Christian Lohmann, co-founder and managing partner of First Elephant Self Storage GmbH, discusses the state of the market, challenges operators face and more.
Westport Properties/US Storage Centers Acquires 3-Property Self-Storage Portfolio in Phoenix
Westport Properties Inc. (WPI), which operates 110 self-storage facilities under the US Storage Centers brand, has acquired the three-property Sentinel Mini-Storage portfolio in Phoenix. The facilities are at 1940 E. Indian School Road, 4817 N. 7th Ave…
SecurCare Self Storage to Choose ‘Paws for a Cause’ Contest Winner
SecurCare Self Storage Inc., an affiliate of National Storage Affiliates Trust (NSAT), will soon announce the winner of its month-long “Paws for a Cause” charity drive, which concluded on Jan. 15. Launched last month, the contest asked cust…
Peer-to-Peer Self-Storage Marketplace ‘Stow’ Serves Colorado Consumers
Symmetry Storage LLC, a Windsor, Colo.-based startup that last year launched its mobile app, Stow, as a peer-to-peer marketplace for self-storage and parking services in Fort Collins, Colo., has redesigned its website interface to more closely align wi…
Colombia’s Snap Self Storage Showcases ‘Hotel’ for Things
A creative commercial from self-storage operator Snap Self Storage in Bogotá, Colombia, demonstrates how quickly life’s “things” can snowball out of control. The solution? A “hotel” for things. The operator emp…