U.K. self-storage operator Big Yellow Group PLC released financial operating-performance results for the first six months of its 2017 fiscal year, which ended Sept. 30. The company reported same-store revenue of £57.1 million for the period, up 6…
Unparalleled Momentum Pushes Self-Storage Real Estate Into Uncharted Territory
Over the last three years, the self-storage real estate market has been the strongest in industry history. Positive energy and performance have pushed us toward uncharted territory. Here are some trends that will continue to fuel that growth.
ISS News Desk: Self-Storage Operators Launch Music-Themed Contests
Two large self-storage companies recently launched music-themed contests and giveaways to encourage creativity and brand loyalty. StorageMart is sponsoring the Rockin’ With StorageMart giveaway, while self-storage real estate investment trust Public St…
Montreal Mini-Storage Group Acquires 2 Canadian Self-Storage Facilities
Montreal Mini-Storage Group has purchased a two-property self-storage portfolio in Montreal, Quebec, Canada, from Dalfen American Corp., a real estate investment manager focused on industrial properties in Canada and the United States. Together, the si…
After the Fatal Fire: The Asian Self-Storage Community Looks Forward to Improvement and Growth
A year after a fatal fire at a facility in Hong Kong, the Asia self-storage industry is starting over. Despite the challenges, operators and investors are optimistic about growth and the opportunity to build a safe and sustainable business platform.
Self-Storage REIT Strategic Storage Growth Trust Reports 3Q 2017 Results
Strategic Storage Growth Trust Inc. (SSGT), a public, non-traded, self-storage real estate investment trust (REIT) sponsored by SmartStop Asset Management LLC, has released its financial statement for the quarter that ended Sept. 30. In general, the co…
Rent A Space Invests £250K to Expand Netherton, England, Self-Storage Facility
Rent A Space, an England-based self-storage operator that specializes in leasing flexible workspace and office space, is investing £250,000 to add 25,000 square feet of rentable space to its facility in Netherton, England. The mezzanine addition …
Former Prime Storage VP Launches New Self-Storage Consulting Firm
Cindy Ashby, the former vice president of operations for Prime Storage Group, which owns 175 self-storage facilities in more than 20 states, has launched a new consulting firm. Dynamic Self Storage Solutions is designed to fill the growing demand for h…
Assured Self Storage to Build New Facility in Phoenix
VLC Enterprises LLC has purchased 4.15 acres in Phoenix to develop a $7.5 million Assured Self Storage facility. The property on the southwest corner of 48th Street and Baseline Road is in the Pointe South Mountain Business Park. Once complete, it&rsqu…
Self-Storage Break-Ins: Handling Tenant Backlash and Recovering Your Reputation
The fallout from a crime can damage your self-storage business reputation, resulting in lower occupancy and lost revenue. Learn how to handle tenant backlash after a facility break-in and what you can do to counteract any resulting negative press.