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Reducing Your Business Risk: Commonsense Advice for Self-Storage Facility Owners

Owning a self-storage business comes with many rewards, but there are also risks. Follow this advice on site security, maintenance, documentation and more so your property is well-protected.

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Self-Storage Management Firms Report Early 2016 Financial Results

Self-storage property-management firms Absolute Storage Management (ASM) and Storage Investment Management Inc. (SIMI) have announced financial results for the first quarter and half of 2016, respectively. In general, the companies showed gains in key …

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Self-Storage REITs Declare Second-Quarter 2016 Stock Dividends

The four publicly traded U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Public Storage Inc. and Sovran Self Storage Inc.—have declared dividends for the second quarter of 2016.

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Diversified Development Builds 3-Story Self-Storage Facility in Asheville, NC

Real estate developer Diversified Development Inc. is building a three-story self-storage facility in Asheville, N.C. The property on Bleachery Boulevard will comprise a total of 93,000 square feet, 64,000 of which will be rentable space. Expected to o…

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3 Key Qualities to Consider When Hiring Self-Storage Contractors

While self-storage construction generally isn’t complicated, finding a contractor experienced in the sector can be extremely important when developing a project. Guest blogger Jano Montoya of P.B. Brown LLC offers three key qualities to consider …

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3 Key Qualities to Consider When Hiring Self-Storage Contractors

While self-storage construction generally isn’t complicated, finding a contractor experienced in the sector can be extremely important when developing a project. Guest blogger Jano Montoya of P.B. Brown LLC offers three key qualities to consider …

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U-Haul Converts Former Laser-Tag Arena and Arcade to Self-Storage in North Smithfield, RI

Phoenix-based U-Haul International Inc. is converting a former laser-tag arena and arcade in North Smithfield, R.I., to self-storage. U-Haul of North Smithfield at 408 Eddie Dowling Highway officially opened in August 2014 with a temporary showroom. It…

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Self-Storage Operator SmartStop Asset Management Announces New VP of Development

SmartStop Asset Management LLC, a diversified real estate company that manages 74 self-storage facilities in Canada and the United States, has promoted Brian Griewe to vice president of development. He’ll be responsible for expanding the company’…

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Extra Space Opens New Self-Storage Facility in Newark, NJ

Extra Space Storage Inc., a publicly traded self-storage real estate investment trust (REIT), has opened a new facility in Newark, N.J. It’s the company’s fifth location in Essex County, according to the source

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A-1 Self Storage to Build New Facility in San Diego’s Imperial Beach Community

The Caster Group, which operates 48 A-1 Self Storage locations in California, is building a new 96,236-square-foot facility in the Imperial Beach community of San Diego. The property at 845 Hollister St. is scheduled to open in December.

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