Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, is converting a former office building in Colorado Springs, Colo., to self-storage. U-Haul acquired the 201,515-square-foot structure a…
Owner of Albion Self Storage in Edgerton, WI, Dies in Lawnmower Accident
Jon Halverson, owner of Albion Self Storage in Edgerton, Wis., died Sunday after his lawnmower overturned. The 52-year-old Stoughton, Wis., resident is survived by his wife, Rachael, and adult children, Ben, 22, and Bailie, 18.
Man Injured in Fire at Stateline Self Storage in Roscoe, IL
A man is in critical condition after a five-alarm fire broke out Tuesday morning inside a unit at Stateline Self Storage in Roscoe, Ill. The victim was conscious when airlifted to a local hospital, but suffered serious burns, according to a source.
Combating Computer Viruses and Hackers: Keeping Your Self-Storage Data Safe
When it comes to data breaches, every company is vulnerable, including self-storage businesses. Follow this advice to keep your facility and tenants’ sensitive information safe from cyberattacks.
ISS News Desk: Self-Storage Operators Raze, Rebuild Their Own Facilities
While it’s common for self-storage operators to upgrade and expand existing locations to keep up with industry trends and offer new services, razing a facility and rebuilding on the same property could become more prevalent as prime development l…
Former Pastor Launches Stor and Deliver Valet Self-Storage Service in Wichita, KS
Entrepreneur Bryson Butts, a former pastor, has launched Stor and Deliver LLC, a startup business specializing in valet self-storage in the Wichita, Kan., metropolitan area. The company uses an online platform that allows customers to schedule item pic…
Self-Storage REITs Strategic Storage Growth Trust, Strategic Storage Trust II Report 2Q 2017 Results
Strategic Storage Growth Trust Inc. (SSGT) and Strategic Storage Trust II Inc. (SST II), both public, non-traded, self-storage real estate investment trusts (REITs) sponsored by SmartStop Asset Management LLC, have released their financial statements f…
Learning to ‘Trump’ Your Self-Storage Property Taxes
The property-appraisal process is imperfect, and there are no national standards. Real estate moguls like Donald Trump use this to their advantage when it comes to reducing their tax assessments. Why shouldn’t self-storage owners do the same?
Self-Storage Owner Battles Planning Staff on Proposed Topeka, KS, Project
A self-storage owner is facing opposition from city planning staff to build a $6 million office park that will include storage in East Topeka, Kans. Frank Meade, owner of Aeolian Mini-Warehouse & Storage, is seeking a zoning change to build 16,000 …
Schroders Enters Self-Storage Market With 5-Property London Acquisition
Schroders PLC, a global investment-management firm, has entered the self-storage market with the purchase of a five-property portfolio in London for £44M. The Schroder UK Real Estate Fund (SREF) acquired the facilities from The Self-Storage Co. T…