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…
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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 …
Live Oak Releases Financing ‘Knowledge Bank’ for Self-Storage Operators
Live Oak Bank, which includes a self-storage lending division, has launched an online “Knowledge Bank” to supply general finance information for industry operators. Accessible from the self-storage page of the company’s website, the r…
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CubeSmart Opens New Self-Storage Facility in Cicero, IL
Business owner John Dugan has opened a facility in Cicero, Ill., that will be managed by self-storage real estate investment trust CubeSmart and branded under its name. A ribbon-cutting ceremony was held on Nov. 9 for the property at 1331 S. 55th Court…
Owners of Mamaroneck Self-Storage in NY Honored by Local Chamber
Brothers Chris and Sean Murphy, who own Mamaroneck Self Storage and Murphy Brothers Contracting Inc. in Mamaroneck, N.Y., have been chosen as the 2018 honoree of the local chamber of commerce and will be recognized for the distinction during a Jan. 12 …
Self-Storage Operations Expand in Sheboygan, WI
The city of Sheboygan is seeing even more self-storage activity this year with the opening of a new Transpo Mini Storage facility at 1331 Wisconsin Ave. The company is opening its new location, which was converted from a former North Woods Chemical Co….
Holiday Giving: Simple Ways Self-Storage Operators Can Help During the Season
As we enter the holiday season, many self-storage operators around the world are launching charity drives or logging volunteer hours. If you don’t already have a plan to pitch in, here are some ideas.
CapStack Partners CEO Discusses Mistakes Self-Storage Buyers Should Avoid When Seeking Capital Investment
When putting together a self-storage deal, investors can sometimes stumble through the real estate and financing process. In this video from investment bank and advisory firm CapStack Partners, CEO David Blatt discusses common mistakes buyers make when…
Valet Self-Storage Operator MakeSpace Announces Management Changes
MakeSpace Labs Inc., a business specializing in valet-style self-storage services in Chicago, Los Angeles, New York City and Washington, D.C., has made several changes to its management team. The company named a new CEO, hired a chief marketing officer…