Global Self Storage Inc., a self-storage real estate investment trust, has acquired a facility in Fishers, Ind., for $7.7 million. The property is at the intersection of 96th Street and Olio Road, a mile east of Geist Reservoir. Built in three phases f…
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Airport Deluxe Indoor RV Storage Breaks Ground in Tipp City, OH
Construction has begun on Airport Deluxe Indoor RV Storage in Tipp City, a suburb of Dayton, Ohio. The property at 11710 Peters Pike, near the Dayton International Airport, will cater to vehicle-storage tenants, with the first of two buildings expected…
Indian Pueblos Marketing Subsidiary Breaks Ground on Self-Storage in Albuquerque, NM
IPMI 6 LLC, a subsidiary of Indian Pueblos Marketing Inc., plans to build a self-storage facility on 6 acres of vacant land it owns in Albuquerque, N.M. The property at 1901 8th St. N.W. is between 8th and 12th Streets and faces Interstate 40, accordin…
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Oh the Horror! ISS Store Adds ‘Self Storage’ Fiction Novel
There’s no denying that self-storage has crept into pop-culture consciousness. As such, the ISS Store has selected a horror novel by “Walking Dead” author Jay Bonansinga as its first non-business-related product for sale. Set inside a…
The Evolution of the Self-Storage Lien Process and the New World Order for Facility Operators
Self-storage lien sales have changed dramatically in recent years. New legislation has altered the way these sales should be handled, and new auction methods have emerged. Here’s how the process has evolved and how the ‘new world order&rsqu…
Mike Erdman Motors Develops Self-Storage Facility in Rockledge, FL
Mike Erdman Motors Inc., a Merritt Island, Fla.-based auto-dealership group, is developing a self-storage facility in Rockledge, Fla. The project at Viera Boulevard and U.S. Highway 1 will comprise 63,941 square feet in 419 units, according to the sour…
Controversial Storage One Self-Storage Facility Opens Near Pickerington, OH
Update 9/30/16 – The controversial Storage One self-storage facility at 11955 Springcreek Drive near Pickerington held an open house on Sept. 22, including a ribbon-cutting ceremony. The first phase of the project comprising five storage building…
Factors to Consider When Exploring Self-Storage Conversion Opportunities
Converting an existing building to self-storage can lower the barrier to enter an underserved market as well as lower project costs. Here are some key factors to consider when exploring conversion opportunities.
Inside Self-Storage Releases Slideshow on 2016 Top-Operator Data
Inside Self-Storage (ISS) has released a slideshow focusing on key data from its 2016 Top-Operators List, an annual compilation ranking the industry’s leading players by net rentable square feet. “The 2016 Top-Operators List: Top-Heavy Growth and…