Inside a Baltimore self-storage unit sits one of the largest drum kits in the world. Bill Allen, 60, rents a 15-by-20-foot unit filled with percussive tools that took years to assemble. Five or six days a week, Allen bicycles four miles from his home i…
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Man Plays Massive Drum Set Inside Baltimore Self-Storage Unit
Inside a Baltimore self-storage unit sits one of the largest drum kits in the world. Bill Allen, 60, rents a 15-by-20-foot unit filled with percussive tools that took years to assemble. Five or six days a week, Allen bicycles four miles from his home i…
2-Property Storage Station Portfolio in Toms River, NJ, Sold to Private Investor for $1.95M
The two-property Storage Station self-storage portfolio in Toms River, N.J., has sold for $1.95 million to a private-investment group. The portfolio includes two separate facilities about 1.5 miles from each other in Ocean County, N.J.
Westport Properties/US Storage Centers to Develop Self-Storage Facility in North Miami, FL
Westport Properties Inc. (WPI), which operates 86 self-storage facilities under the US Storage Centers brand, recently received approval to develop a storage facility at 15555 W. Dixie Highway in North Miami, Fla. The five-story facility will comprise …
Westport Properties/US Storage Centers to Develop Self-Storage Facilities in North Miami, FL
Update 1/17/18 – Westport Properties has completed construction on its self-storage facility at 1396 N.E. 125th St. The US Storage Centers location comprises 147,027 square feet in 1,200 units. Westport partnered with The Feldman Cos. on the deve…
Valet Self-Storage Startup SpaceBox Sponsors TEDx Table Mountain Event Group
SpaceBox, a South Africa-based valet-storage startup launched as a division of XtraSpace Self Storage, recently became a sponsor for TEDx Table Mountain, an independent event business that hosts local talks designed under the TED Talk model. TED is a n…
UK Self-Storage Company Lok’nStore Reports Preliminary Financial Results for Fiscal 2015
U.K. self-storage company Lok’nStore Group PLC has reported record earnings based on preliminary figures for its 2015 fiscal year, which ended July 31. The company reported a 10.9 percent increase in group revenue, and pretax profit reached £2.65…
Self-Storage Finance Firm The BSC Group Hires Senior Credit Analyst
The BSC Group LLC, a commercial real estate mortgage brokerage and advisory firm specializing in the self-storage industry, has hired Adam Karnes as a senior credit analyst at the company’s Chicago headquarters. Karnes will be responsible for ass…
Inside Self-Storage Publishes 2015 International Digital Issue
Inside Self-Storage (ISS) has released its 2015 International Digital Issue, which includes in-depth articles about the growth, challenges and operation of self-storage businesses in Asia, Australia, Europe and South America. Written for facility owner…
Self-Storage REIT National Storage Affiliates Trust Releases 3Q 2015 Financial Results
Update 11/12/15 – National Storage Affiliates Trust (NSAT) has released its financial statement for the quarter that ended Sept. 30, 2015, showing gains in key areas including core funds from operations (FFO), net operating income (NOI) and occup…