Customers often reject self-storage tenant insurance because they believe their personal homeowners or renters policies have them covered. Here’s how to get customers on board with your insurance program, protecting their interests and your busin…
Man Dies in Fire at Jack Rabbit Self Storage in Virginia Beach, VA
A man died last week from injuries he sustained in a fire at Jack Rabbit Self Storage in Virginia Beach, Va. The victim, whose name hasn’t been released, was found by firefighters inside a unit at 5929 Providence Road on March 16, according to th…
Self-Storage Investment Firm Strategic Storage Trust IV Launches $1B IPO
Strategic Storage Trust IV Inc. (SST IV), which intends to invest in self-storage and qualify as a real estate investment trust (REIT), has launched an initial public offering (IPO) of approximately $1.095 billion in common stock, according to a press …
Simply Self Storage Seeks to Expand Kettering, OH, Facility
Simply Self Storage (SSS), which owns or manages 229 self-storage facilities in the United States and Puerto Rico, is seeking zoning approval from city officials to add a second story to its facility in Kettering, a suburb of Dayton, Ohio. SSS represen…
Designing a Self-Storage Site to Maximize Land Use
Designing a self-storage site to maximize land use requires a balance between rentable space and operational efficiency. Here are several options to optimize a facility for profit while ensuring convenient customer access and easy maintenance.
Restaurant, Self-Storage Proposed for Commercial Property in Cumberland, RI
Real estate developer Michael Bouthillette intends to build a restaurant and self-storage facility on a property he owns in Cumberland, R.I., but must first convince the town council to add both uses to current zoning allowances. Bouthillette acquired …
StoneRidge Capital Proposes 3-Story Self-Storage Facility for Vancouver, WA
StoneRidge Capital LLC is looking to build a three-story self-storage facility in Vancouver, Wash. The developer is scheduled to meet with city planners to discuss the project on March 30, according to the source.
Amsdell Cos./Compass Self-Storage Buys Facility in Ft. Worth, TX
Compass Self Storage, a member of the Amsdell family of companies, has purchased a storage facility in Fort Worth, Texas. It’s the company’s eighth acquisition this year. The site was purchased by separate affiliates of Amsdell Group LLC an…
Outsourcing Your Self-Storage Payment Processing
Managing your self-storage operation’s payment processing internally can be time-consuming and confusing. Here are five ways outsourcing can save your business time and money while improving the customer experience.