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Monthly Archives: May 2017

National Storage Affiliates Trust Expands Florida Self-Storage Footprint With Acquisition

National Storage Affiliates Trust (NSAT), a Maryland real estate investment trust (REIT) specializing in self-storage, continues to expand its presence in Florida. The company acquired a 44,000-square-foot storage property in Manatee County, Fla., last…

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New Self-Storage Facility Opens in Fairless Hills, PA

Fairless Hills Self Storage has opened in Fairless Hills, Pa. The property at 495 S. Oxford Valley Road, near the Fairless Hills Shopping Center, comprises 34,000 square feet of rentable storage space in of 269 climate-controlled and drive-up units. It…

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OpenTech Signs Exclusive Agreement to Sell and Support Self-Storage Robot Keylo in North America

OpenTech Alliance Inc., a Phoenix-based provider of self-storage kiosks, call-center services and other technology, has signed an exclusive distribution agreement with France-based robotics-engineering company Wyca SAS to sell and support its Keylo rob…

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Driving Self-Storage Revenue With Truck Rental

Truck rentals are an excellent service self-storage operators can offer to generate additional revenue. Here’s a look at some simple and unique ways to expand this program into a superior profit center.

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‘DelmarvaLife’ Show Segment Discusses Self-Storage at Delaware Beach Storage Center

Delaware Beach Storage Center in Lewes, Del., used a sponsored segment on local news show “DelmarvaLife” to demonstrate how self-storage can aid during spring cleaning. During the segment, co-owner Timarie Thompson discusses with repor…

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GU Self Storage, Mail Hub Partnership Opens in Guam

GU Self Storage has opened for business in Harmon, Guam. The two-story, climate-controlled facility comprises 270 units inside the former Guam Power Authority building. It has an onsite partnership with Mail Hub, which sells a full line of moving and p…

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Unsolicited Offer Leads to Sale of Self-Storage Facility in Scarborough, ME

Real estate developer MSP Holdings LLC recently acquired a commercial property in Scarborough, Maine, for $900,000 that includes Scarborough Mini Storage, even though neither the land nor the self-storage business was for sale. The 1.9-acre parcel at 2…

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Vacant Self-Storage Facility in Lebanon, IL, Considered for Redevelopment

Paul and Jeanne McCleery are seeking approval from the county to redevelop a vacant self-storage facility in Lebanon, Ill., into McCleery Safe Storage. The St. Clair County Zoning Board of Appeals on Monday recommended approving a special-use permit fo…

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IdeaTek Opens Self-Storage Facility on Site of Former Elementary School in Hutchinson, KS

Private-investment company IdeaTek Equity Group has opened an indoor self-storage facility as part of a mixed-use development in Hutchinson, Kan. The Sand Hills Center conversion project is on 5 acres at 4601 N. Plum St. in a structure that once housed…

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Self-Storage Finance Company Live Oak Bank Releases Interactive Video for Customer Education

Wilmington, N.C.-based Live Oak Bank has launched an interactive video designed to educate viewers about self-storage financing. The lender has integrated 12 original videos into a single platform that allows users to explore four categories: self-stor…

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