The Storage Mall, which currently operates 16 self-storage facilities in New Jersey and New York, has purchased another facility in New York as well as its first in Pennsylvania. The company acquired Rick’s Storage at 3566 W. Main Street Road in Batavi…
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Cascade Self Storage of Medford, OR, Supports the Maslow Project
Cascade Self Storage at 1011 Narregan St. in Medford, Ore., is hosting a charity drive that will benefit the Maslow Project, a nonprofit providing support services to homeless children and their families in South Oregon. The campaign, which runs throug…
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Self-Storage Facility Budgeting: Learning Lessons from the Navy SEALs
When it comes to creating a budget for your self-storage business, there are many lessons to be learned from the Navy SEALs. Here’s an attack plan to conquer this critical operational task.
Self-Storage REITs Release Financial Results for Third-Quarter 2016
The four largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Life Storage Inc. and Public Storage Inc.—have released financial statements for the quarter that ended Sep…
Colliers International Report: Latin America Self-Storage Survey 2016
Colliers International Group Inc. has released the findings from its first survey of Latin American self-storage operators. The report examines market drivers in the region, occupancy and rental rates, and operator expansion.
Real Estate Firm Wentworth Property to Convert 2 California Warehouses to Self-Storage
Commercial real estate firm Wentworth Property Co. LLC has acquired two industrial properties in Chula Vista, Calif., and San Diego, for $27.8 million with the intent to convert them to self-storage. The facilities are expected to open next year, accor…
Self-Storage Managers Can Positively Impact Customer Lives Through Empathy
Customers often turn to self-storage because they are going through a major life event, such as death, divorce or moving. Guest blogger Stephanie Tharpe of A+ Storage of Tennessee, demonstrates how showing kindness and empathy can make a positive impac…
Research Corridor Releases Report on Self-Storage Software Market
Market-research firm Research Corridor has released a report titled “Self Storage Software Market – Growth, Share, Opportunities, Competitive Analysis and Forecast, 2015-2022.” The report examines the competitive landscape, geographic…
Self-Storage REIT National Storage Affiliates Trust Releases 3Q 2016 Financial Results
National Storage Affiliates Trust (NSAT), a Maryland real estate investment trust (REIT) specializing in self-storage, has released its financial statement for the quarter that ended Sept. 30, 2016, showing gains in key areas including core funds from …