Kangaroo Self Storage is constructing new units at its facility in Glasgow, Scotland, due to demand for the service in the region. The facility’s existing 588 units will grow to 940.
Kangaroo Self Storage Set to Expand in Scotland
Kangaroo Self Storage is constructing new units at its facility in Glasgow, Scotland, due to demand for the service in the region. The facility’s existing 588 units will grow to 940.
GuardeAqui, Kipit Form Brazilian Self-Storage Joint Venture With Plans to Open 50 Facilities
Brazil self-storage operators GuardeAqui and Kipit have formed a joint venture with plans to develop 50 facilities, 30 by 2020. The investment could reach 600 million reais. Though the resulting assets will operate under the GuardeAqui brand name, owne…
UK Self-Storage Operator Big Yellow Releases Interim Financial Results for Quarter Ended Dec. 31
U.K. self-storage operator Big Yellow Group PLC released interim operating-performance results for the third quarter of its 2017 fiscal year, which ended Dec. 31. The company reported same-store revenue of £26.9 million for the period, up 5 perce…
Stowaway Self Storage Gets Approval for 2nd Site in Greeneville, TN
Stowaway Self Storage, which operates five facilities in Tennessee, received consent this week to build a second property in Greenville, Tenn. The Greeneville Regional Planning Commission approved the final civil plans on Jan. 10 for the property near …
Absolute Storage Management Acquires 2 Madison, AL, Self-Storage Facilities
Absolute Storage Management (ASM), a self-storage owner and property-management firm, has purchased two Madison, Ala., facilities in a joint venture with an affiliate of The Natchez Group, a self-storage developer. Balch Road Self Storage at 325 Balch …
Avoiding Self-Storage Legal Danger With SCRA Compliance
Collecting unpaid self-storage rent is fraught with legal danger, particularly if a tenant is on active military duty. Follow these guidelines to ensure your business is in compliance with the Servicemembers Civil Relief Act before your next lien sale….
Joint Venture Opens New Life Storage Facility in Long Island City, NY
A joint venture between self-storage real estate investment trust (REIT) Life Storage LP and Review Avenue Storage LLC, an affiliate of investment-management firm Equator Capital Management, has opened a self-storage facility in Long Island City, N.Y. …
Valet Self-Storage Operator RedBin Hires PODS Founder
RedBin, a valet self-storage operator based in Brooklyn, N.Y., has hired Pete Warhurst, founder of the portable-storage company PODS, to its executive team. Warhurst will “spearhead commercial growth, raise capital and drive expansion,” acc…
ezStorage Opens 2nd Columbia, MD, Self-Storage Location
ezStorage Corp., which operates 48 self-storage facilities in Maryland, Virginia and Washington, D.C., has opened a newly constructed facility in Columbia, Md., its second in the city. The property at 9002 Red Branch Road contains climate-controlled un…