Whether you stick with a simple written evaluation form or try an online version, it’s critical you’re engaging self-storage staff about their overall job performance. Let’s look at some suggestions for conducting and receiving evaluations …
SmartStop Asset Management to Form Joint Venture with SmartREIT Focusing on Canada Self-Storage
SmartStop Asset Management LLC, a diversified real estate company that manages 103 self-storage facilities in Canada and the United States, will partner with Canadian real estate investment trust SmartREIT in a joint venture to develop and co-own self-…
The SBA 7(a) Loan Program: A Self-Storage Overview and Case Study
More self-storage owners and investors are exploring how they can benefit from the Small Business Administration loan program. Here’s an overview of this type of lending, who’s a good candidate, and a case study from a storage operator who …
Self-Storage Operator Right Move Offers Tenants Free, Unlimited Cloud Storage With VaultDrop
Right Move Storage LLC, a real estate firm specializing in the acquisition, development, management and operation of self-storage facilities, is offering new tenants at its owned and managed properties free, unlimited cloud storage through VaultDrop LL…
LSC Development to Build Chicago Self-Storage Facility After Settling Lawsuit Against the City
Update 4/19/17 – A Cook County judge denied the injunction motion from Northwest Side Unite to stop the zoning change to the self-storage development site on Northwest Highway. Though the April 13 judgment improves the status of the LSC Developme…
U-Haul Converts Former Zellers Store to Self-Storage in Kelowna, British Columbia, Canada
Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, has converted the former Zellers department store in Kelowna, British Columbia, Canada, to self-storage. The 110,000-square-foot facili…
2 Self-Storage Projects Under Development in Lenoir City, TN
Two self-storage projects are under development along U.S. Highway 321 in Lenoir City, Tenn. One is a conversion of a former boat dealership, while the other is a newly built site.
Real Estate Firm Marcus & Millichap Promotes Mele to Senior Managing Director of Investments
Marcus & Millichap Real Estate Investment Services, a commercial property-investment firm prominent in the self-storage industry, recently named Michael Mele as senior vice president of investments in the company’s Tampa, Fla., office. Most r…
Self-Storage Could Be Banned From Parts of Downtown Charleston, SC
Officials in Charleston, S.C., may tighten restrictions on self-storage, including banning the business use from its urban commercial district near downtown. The planning commission is expected to consider the action on Wednesday, along with reclassify…
Self-Storage Facility With Delivery Center Proposed for Roanoke, VA
Update 3/16/17 – The Roanoke Planning Commission approved the Cherney Development Co.’s rezoning application for a second time on Monday, with Katz recusing herself from the 5-0 vote. If approved by the city council, the rezoning would allo…