The California 1st District Court of Appeal has upheld a lower-court decision that awarded former self-storage employee Eva O’Brien $1.325 million for wrongful termination and punitive damages. O’Brien was awarded $325,000 in compensatory d…
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Aabsolute Self Storage of Scotland Demonstrates Care for Customers’ Needs
This commercial by Aabsolute Self Storage of Scotland demonstrates how the company cares for customers’ storage needs. Narrated by several employees, it includes tours and details about the operator’s two facilities in Glasgow, address…
U-Haul Converts Former Kmart to Self-Storage on Maui, Hawaii
Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, is converting a former Kmart store to self-storage in Kahului, Hawaii, the company’s first facility on the island of Maui. The 10…
Bainbridge Island, WA, Self-Storage Facility Recognized for Philanthropy
Bainbridge Self Storage of Bainbridge Island, Wash., has been recognized by the area’s Community Foundation as its 2017 “Outstanding Philanthropic Company.” In this video, local residents discuss the impact facility manager Janic…
Real Estate Roundup: Self-Storage Transactions November 2017
Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Many are covered in detail on the ISS website and available for viewing on the “Acquisitions and Buying” topi…
Westport Properties/US Storage Centers to Build New Self-Storage Facility in Compton, CA
Westport Properties Inc. (WPI), which operates 122 self-storage facilities under the US Storage Centers brand, will develop a new facility in Compton, Calif., as well as provide beautification and infrastructure support within the community. The storag…
Mequity, Jernigan Capital to Develop Self-Storage in Miami’s Little Havana
Mequity LLC, an Atlanta-based real estate development and investment firm focused on self-storage, and Jernigan Capital Inc., a merchant bank and advisory firm serving the same industry, intend to develop a 96,295-square-foot, 1,152-unit self-stor…
Madison Development Enters Solar Rooftop Agreement for Bronx, NY, Self-Storage Facility
Madison Development LLC, a Manhattan, N.Y.-based self-storage developer, has entered a 25-year lease agreement with renewable-energy company Altus Power America to add solar panels to its property in Bronx, N.Y. The community solar-panel system will be…
Strategic Storage Trust IV Acquires Texas City, TX, Self-Storage Facility
Strategic Storage Trust IV Inc. (SST IV), a public, non-traded, real estate investment trust sponsored by SmartStop Asset Management LLC, has purchased a self-storage facility in Texas City, Texas. Best Storage at 3730 Emmett F. Lowry Expressway compri…
ISS News Desk: Self-Storage Operators Launch Music-Themed Contests
Two large self-storage companies recently launched music-themed contests and giveaways to encourage creativity and brand loyalty. StorageMart is sponsoring the Rockin’ With StorageMart giveaway, while self-storage real estate investment trust Public St…