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Recent Posts by Inside Self Storage Content Feed
Keeping Competitive in Staff Compensation: Strategic Structuring for Self-Storage Wages and Incentives
Are you doing enough to attract and retain the most talented employees at your self-storage operation? Paying a strong hourly wage isn’t enough. Here are strategic ways to structure incentives that will retain facility staff and bolster the botto…
United Development to Convert Office Complex to Self-Storage in North Dallas
Real estate firm United Development Co., in partnership with Lone Star Self Storage, has purchased an office park in North Dallas with plans to demolish a portion of it and build a self-storage facility. The three-building Park Forest Office Complex at…
CubeSmart Withdraws Application to Convert Cleveland Heights, OH, Walmart to Self-Storage
CubeSmart, a self-storage real estate investment trust and third-party management firm, withdrew its application this week to convert a vacant Walmart in Cleveland Heights, Ohio, to self-storage. The property at 3606 Mayfield Road is in the Severance T…
Tulfra Real Estate Proposes Self-Storage and Pharmacy Project for Belleville, NJ
The Belleville, N.J., Planning Board approved a site plan on Oct. 12 for a mixed-use project that will include a four-story self-storage facility and a pharmacy at 11 Franklin Ave. Real estate developers 11 Franklin Ave. Redeveloper LLC and Tulfra Real…
Self-Storage Proposed for Former Landfill Site in Savannah, GA
Property owners Sherwin and Brian Robin are seeking zoning approval to build a single-story self-storage facility on a former dump site in the Bacon Park neighborhood of Savannah, Ga. The Savannah City Council discussed the proposal for the 9.3-acre pa…
Merit Hill Capital Buys 6-Property Compass Self Storage Portfolio in Memphis, TN
Merit Hill Capital LP, an investment firm launched late last year to pursue self-storage acquisitions and development opportunities, has purchased a six-property Compass Self Storage portfolio from the Amsdell Cos. The facilities serve the Memphis, Ten…
Bee Safe Plans Downtown Self-Storage Facilities in Charlotte and Winston-Salem, NC
Bee Safe Storage and Wine Cellar, a Greensboro, N.C.-based self-storage operator with five locations in the state, is planning two new facilities in Charlotte and Winston-Salem, N.C., its first in downtown markets. The Charlotte project has caused some…
Rosewood Property Co Acquires 5 Self-Storage Facilities in Unrevealed Markets
Rosewood Property Co. (RPC), a Dallas-based real estate firm, has acquired five self-storage properties in major markets nationwide. The specific locations will be identified pending legal and governmental approvals, according to a press release.
ISS News Desk: Bee Safe Scales Back Self-Storage Development Due to Oversupply
The recent wave of self-storage development activity has created a logjam of project applications in cities across the country, particularly in the Southeast. North Carolina-based Bee Safe Storage and Wine Cellar recently announced it would slow i…