The incorporation of green components and initiatives into a self-storage development can reap tangible rewards, from reduced energy costs to greater customer satisfaction. Greenbox uses a dual-pronged strategy to cut its energy expenses and entice eco…
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10 Self-Storage Development Projects Underway Across Colorado
Ten self-storage facilities are currently under development across Colorado that will add approximately 750,000 square feet of storage space in the state. The properties will feature a range of amenities, such as climate control, business-incubator spa…
Provident Realty Advisors Nixes 1 of 3 Multi-Story Self-Storage Projects Planned for Nashville, TN
Update 1/16/17 – PRA has nixed plans for the eight-story self-storage facility it intended to build on Eighth Ave. S. in SoBro. “We decided not to move forward with the transaction,” Van Lare told the source, declining to elaborate on…
Self-Storage Project Considered in Appomattox, VA
Real estate developer and entrepreneur George Aznavorian intends to build a self-storage facility at the back of an 85-acre property he owns in Appomattox, Va. Town officials held a public hearing this week to discuss the project, which would require a…
Building Self-Storage on Petite Parcels: Factors to Consider
There are many reasons to build your next self-storage facility on a small site. Keep these important design elements in mind to design a superb and functional building on a smaller footprint.
Hong Kong Banks Steer Clear of Self-Storage Lending in Wake of Catastrophic Facility Fires
Lenders appear to be steering clear of self-storage financing in Hong Kong after two storage-facility fires last month killed two firefighters and injured another. The blazes prompted government officials to suspend self-storage development inside indu…
Live From the 2016 ISS Expo Michael Mele Discusses Self-Storage Real Estate Trends
In this video, filmed at the 2016 Inside Self-Storage World Expo, Michael Mele, senior director of Marcus & Millichap’s National Self Storage Group, talks about self-storage real estate trends. He offers insight into what’s drivin…
Self-Storage Education Video from 2016 ISS Expo Now Available on Demand
The Inside Self-Storage (ISS) Store, an e-commerce website providing research and education products for industry professionals, is now offering all 45 of the education sessions recorded during this year’s ISS World Expo in Las Vegas as on-demand…
UK Self-Storage Operator Big Yellow Releases Interim Financial Results for Quarter Ended June 30
U.K. self-storage operator Big Yellow Group PLC released interim operating-performance results for the first quarter of its 2017 fiscal year, which ended June 30. The company reported same-store revenue of £26 million for the period, up 8 percent…
Brazil Self-Storage Joint Venture MetroFit Receives $184M Investment Pledge from Goldman Sachs Group
MetroFit SA, a São Paulo-based joint venture between Illinois-based self-storage operator Metro Storage LLC and Brazil-based real estate development and management firm TRX Group, has received a $184 million investment pledge from Goldman Sachs …