More than 160 industry professionals attended the Georgia Self Storage Association (GASSA) Convention & Expo, Oct. 1-2, at the Hyatt Regency in Savannah, Ga. The event included seminars, roundtable discussions, networking events and a tradeshow fea…
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Storage Zone Opens New Location in Rocky River, OH
Storage Zone, which operates 18 self-storage facilities in Ohio, has opened a new location in Rocky River. The property at 19901 Center Ridge Road is near shopping and residences, according to a press release.
New Self-Storage Facility Opens in Lancaster, PA
Entrepreneur Tod Sherman opened a new self-storage facility last week in Lancaster, Pa. Named LancasterStorage.com, the 20,000-square-foot structure at 21 E. Clay St. was converted from a former use to include 156 storage units in range of sizes. The t…
Ziff Properties Acquires Taylors, SC, Self-Storage Facility
Real estate developer Ziff Properties Inc. has acquired a self-storage facility in Taylors, S.C., for $3.5 million. The 12-acre Taylors Storage property at 3146 Wade Hampton Blvd., Suite C, comprises 43,000 square feet of climate-controlled space. Ziff…
FEDESSA, JLL Release Research Findings on European Self-Storage Market
The European self-storage market continues to grow, with a high ceiling for future supply, according to research released by the Federation of European Self Storage Associations (FEDESSA) and investment-management firm JLL (Jones Lang LaSalle). This ye…
Self-Storage REITs Schedule Conference Calls to Discuss 3Q 2017 Financial Results
The five largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Life Storage Inc., National Storage Affiliates Trust and Public Storage Inc.—have announced when and how th…
Creating Self-Storage Opportunity and Generating Revenue With Conversion Projects
Conversion projects are ideal for self-storage owners or developers who want to start or expand their business but are unable to find land for a new build. When embarking on this type of project, consider these functional and aesthetic factors.
Silverbell Self Storage at Sunset Ranch Breaks Ground in Tucson, AZ
Herb Havins, president of The Havins Co. Inc., recently broke ground on Silverbell Self Storage at Sunset Ranch in Tucson, Ariz. The urban-renewal project at 2720 N. Silverbell Road was 10 years in the making, according to Havins, who also owns Ajo-Kin…
Best Self Storage Acquires 21-Facility U-Stor-It Portfolio in Arkansas, New Mexico, Texas
Best Self Storage (BSS), a Southern California-based entrepreneurial group, acquired the 21-property U-Stor-It portfolio in Arkansas, New Mexico and Texas. The facilities, which comprise 563,000 square feet, are the first purchase made by BSS in the se…
U-Haul at Odds With Minneapolis Officials Over Self-Storage Conversion Plan
Phoenix-based U-Haul International Inc., which operates more than 1,400 self-storage locations across North America, is at odds with Minneapolis officials over a conversion project it’s pursuing in the Longfellow neighborhood. The 1.74-acre parce…