Self Storage Station, which operates eight self-storage facilities in Northeast Pennsylvania, has purchased Parkway Storage in Wilkes-Barre, Pa., for $1.36 million. The 3.5-acre property at 1266 Sans Souci Parkway comprises 10 single-story buildings co…
Tailoring Your Self-Storage Customer Service to Close Generational Gaps
The U.S. consumer base is more diversified ever, making it difficult for self-storage operators to tailor their customer service to the right audience. Here’s advice for molding your approach to Baby Boomers, Generation Xers and Millennials.
Back-to-School Charity Drives: How Your Self-Storage Facility Can Participate
Self-storage operators who are looking to become more involved in their communities should consider the back-to-school rush a golden opportunity. Now’s the time to launch a school-supply drive or find other ways to support the kids headed back to the c…
Real Estate Roundup: Self-Storage Transactions July 2017
Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Many are covered in detail on the ISS website and available for viewing on the “Real Estate” topics page. Fol…
Self-Storage Investor Virtus Real Estate Capital Raises $408M
Virtus Real Estate Capital LLC, a real estate private equity firm, has raised $408.5 million, the majority of which will be used for property investments including self-storage. Of the committed amount, $308.5 million is earmarked for Virtus Real Estat…
Developer Seeks to Build 5-Story Self-Storage Facility on Site of Former McDonalds in Birmingham, AL
Real estate developer Brooks Lumpkin of Lumpkin Development is facing opposition to build a five-story self-storage facility on a former McDonald’s site in Birmingham, Ala. Lumpkin’s variance request for shorter setbacks on the property alo…
SoBe Wine & Self Storage Opens in Miami Beach, FL
SoBe Wine & Self Storage has opened in a historic neighborhood in Miami Beach, Fla., close to commercial, residential and retail. The three-story property at 633 Alton Road contains nearly 1,000 storage units in varying types, including traditional…
National Self Storage Breaks Ground on Marana, AZ, Facility
National Self Storage (NSS) recently broke ground on a new property in Marana, Ariz. The development will be the first multi-story, climate-controlled storage facility in Dove Mountain, a master-planned community about 40 minutes from Tucson, according…
Menards Seeks Zoning Approval to Convert Former Milwaukee Pick ‘n Save to Self-Storage
Menard Inc., which operates the Menards home-improvement retail chain throughout the Midwest, intends to buy a former supermarket next to one of its existing stores in the Northridge area of Milwaukee and convert it to self-storage. The company is seek…
Highland Development Ventures Buys Newly Converted Self-Storage Property in West Allis, WI
Real estate developer Highland Development Ventures LLC has acquired a self-storage facility in West Allis, Wis., a Milwaukee suburb, for $5.5 million. The 49,330-square-foot property at 232 S. Curtis Road was very recently converted from a former ware…