Employees of self-storage real estate investment trust (REIT) Public Storage Inc. are vying for a $250 grand prize by submitting homemade music videos that pay homage to the company’s orange branding scheme and promote its services to customers. …
Self-Storage Construction Spending Hits All-Time High
Self-storage construction spending hit an all-time high eight months into the year, topping $2.27 billion through August. With four months left to tally, that figure is already more than the $1.9 billion spent in all of 2016, representing an 89 percent…
CubeSmart Acquires Four Seasons Self Storage in Oakland Park, FL
CubeSmart, a self-storage real estate investment trust and third-party management firm, acquired Four Seasons Self Storage in Oakland Park, Fla., for $14.5 million. The seller was Warehouse Thirteen LLC, a Fort Lauderdale, Fla.-based firm led by Layne …
1st Storage Centres of England Makes a Screaming Good Halloween Video
1st Storage Centres, which operates two self-storage facilities in North East England, is scaring up some fun for Halloween with this holiday-themed video for customers. Get ready for some dramatic music, vampires, witches and goblins! But don’t …
Tips to Help Self-Storage Operators Join and Be Successful in the Twitterverse
Self-storage operators who are unfamiliar with Twitter might wonder how the platform works and how it can help them grow their business. This article explains the basics and benefits of the platform and why it should be an integral part of your social …
National Storage Affiliates Trust Acquires Security Storage in Hollywood, MD
National Storage Affiliates Trust (NSAT), a Maryland real estate investment trust (REIT) specializing in self-storage, has acquired Security Storage in Hollywood, Md. The facility at 43890 Commerce Ave. sits on 4.08 acres. It comprises 46,932 net renta…
National Storage Affiliates Trust Acquires A+ Mini Storage in Navarre, FL
National Storage Affiliates Trust (NSAT), a Maryland real estate investment trust (REIT) specializing in self-storage, has acquired an A+ Mini Storage facility in Navarre, Fla. The facility at 7030 Navarre Parkway comprises 91,825 rentable square feet …
The Hampshire Cos Opens New Extra Space Self-Storage Facility in Westwood, NJ
The Hampshire Cos., a private real estate investment firm and self-storage operator, has opened a new self-storage location in Westwood, N.J., in partnership with First Westwood Realty LLC. The 100,000-square-foot facility offers 916 climate-controlled…
U-Haul Unveils New Self-Storage Conversion in Urbana, IL
Phoenix-based U-Haul International Inc., which operates nearly 1,000 self-storage locations across North America, has opened a new facility in Urbana, Ill., that it converted from the former Southgate Shopping Center. The property at 2010 S. Philo Road…
Self-Storage Rental Rates Stay Flat in Texas
Rental rates for self-storage units in Texas have been relatively flat for four consecutive years, after an 18 percent spike between 2012 and 2014, according to data released this week by SpareFoot, an online marketplace for self-storage consumers. The…