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Monthly Archives: November 2017

StorageMart Inducts English Self-Storage Managers to Company’s ‘Wall of Fame’

StorageMart, which operates more than 190 self-storage properties across Canada, the United Kingdom and the United States, has inducted two employees from its Colchester, England, facility to its “Wall of Fame,” which recognizes staff who e…

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3 Ways to Achieve Faster Lease-Up at Your Self-Storage Facility

When it comes to leasing up a new or failing self-storage facilities, managers should consider going beyond the basics to differentiate from competitors. Guest blogger Tim Schlee of VaultDrop LLC offers three ways operators can speed up lease-up and st…

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Canyon Catalyst Fund to Pursue Self-Storage Investments

The California Public Employees’ Retirement System (CalPERS) has allocated $350 million toward the Canyon Catalyst Fund (CCF), a discretionary account managed by real estate investment firm Canyon Partners Real Estate LLC (CPRE). Though the CCF c…

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Self-Storage REIT Life Storage Names Chief Information Officer, Adds to Board of Directors

Self-storage real estate investment trust Life Storage Inc. has named Joseph V. Saffire as its new chief information officer (CIO) and appointed Carol Hansell to the company’s board of directors.

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Body Found Inside Cooler at U-Haul Self-Storage Facility in Lenexa, KS

A child welfare check last week at a U-Haul Moving and Storage facility in Lenexa, Kan., led to the discovery of human remains inside a cooler in a self-storage unit. Police were called to the facility at 9250 Marshall Drive on Oct. 24 to investigate a…

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Measure What You Manage: Using Self-Storage Software Reports to Understand Your Business

Your self-storage facility’s management data reveals the story of your business. It isn’t just numbers on a page. Here’s advice on which reports to pull from your software and what all the figures tell you.

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Jernigan Capital Closes Self-Storage Development Investments in Northern New Jersey

Update 12/20/17 – Jernigan Capital has made a second self-storage co-investment in Northern New Jersey, this time with Orlando, Fla.-based developer Structure Development LLC. The proposed three-story facility for 2 Commerce Center Drive in Dover…

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Mini Storage Center of North and South Carolina Launches Rebranding, Renovation Initiative

Mini Storage Center is rebranding and renovating its 11 self-storage properties in North and South Carolina. The effort will include new signage, management software and security measures. The operator’s websites will also be revamped, and some o…

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CFO for Westchester Self Storage in New York Wins Award

Peter Ferraro III, the chief financial officer (CFO) for New York-based Westchester Self Storage, was among 13 people named a “Top CFO of The Year” by the “Westchester County Business Journal.” The winners were chosen for their …

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The Global Self-Storage Industry Surges Ahead: Trends, Awareness and More

International self-storage development is surging as major population centers continue to embrace the product and institutional funding looks for scalable development partners. Here’s global view of industry trends, awareness and transactions.

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