Private-investment company IdeaTek Equity Group has purchased land adjacent to its Haven, Kan., self-storage facility with the goal of expanding the property. The purchase was unanimously approved on Tuesday by the Reno County Commission, which owned t…
3 Reasons Why Perimeter Fencing Should Be a Self-Storage Budget Priority
When it comes to setting a self-storage budget, some items can easily get overlooked. Guest blogger Todd Mattson of DCS Industries LLC offers three reasons why storage operators should make perimeter fencing installation or repair a budget priority.
The Storage Group Releases Updated Version of ClickandStor Self-Storage Move-In Platform
The Storage Group (TSG), an Internet-marketing company serving the self-storage industry, has released an updated version of its move-in platform. ClickandStor 3.0 offers a new interface designed to operate as an e-commerce shopping cart. In addition t…
Valet Self-Storage Startup Beam Launches in Malaysia, Singapore
Beam Storage Pte. Ltd., a startup business specializing in valet self-storage, has launched in Malaysia and Singapore. The company uses an online platform that allows customers to schedule item pickup, maintain a visual catalog of stored belongings, an…
South Africa Self-Storage Operator Stor-Age Enters UK Market With Storage King Acquisition
Update 10/26/17 – Stor-Age has closed its funding round, raising R1.275 billion of equity to use in its acquisition of Storage King. Shares sold at R11.50 each, with the capitalization reaching the maximum allowed, according to a press release. T…
Storage Post Self Storage Expands South Florida Presence With Miami Acquisition
Atlanta-based Storage Post Self Storage has expanded its presence in South Florida with the acquisition of a recently constructed facility in Miami. The company now operates nine sites in the region.
World Insurance Associates Acquires Bruen Deldin DiDio and Storage Insurance Brokers
World Insurance Associates LLC, an independent insurance agency, has acquired insurance firm Bruen Deldin DiDio Associates Inc. (BDD) and its subsidiary, Storage Insurance Brokers, a provider of coverages designed specifically for self-storage. BDD Vic…
Former Self-Storage Manager in Chesapeake, VA, Busted for Disability Fraud
A former self-storage manager has been charged with fraudulently collecting nearly $129,000 in workers’ compensation while employed at Brentwood Self Storage in Chesapeake, Va. Winston Lee Wise, 72, made his initial appearance on Sept. 1 in the U…
Self-Storage and Trump’s Proposed Tax Plan: Money-Saving Solutions for Facility Owners
When it comes to President Donald Trump’s proposed tax plan, self-storage owners would be wise to prepare for coming changes. Follow these solutions to help you maximize deductions, lower income taxes and create additional cash flow.
Self-Storage Conversion Project Falls Flat in South Milwaukee, WI
A proposal to convert a former bowling alley to self-storage in South Milwaukee, Wis., received little interest from the city planning commission during a preliminary meeting last month. Brian Fisher, business development manager for development compan…