The four publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Public Storage Inc. and Sovran Self Storage Inc.—have released financial statements for the quarter that ended Marc…
Recent Posts by Inside Self Storage Only Feed
World Class Capital Group/Great Value Storage Buys 7-Property Self-Storage Portfolio in Columbus, OH
Real estate investment firm World Class Capital Group LLC (WCCG) has acquired a seven-property self-storage portfolio in Columbus, Ohio. Formerly operated as Mini Storage Depot, the facilities will be rebranded and managed by Great Value Storage, WCCG&…
Self-Storage Operator U-Haul Buys Palo Verde Mini Storage in Mesa, AZ, for $3.9M
Self-Storage operator U-Haul International Inc. has acquired the former Palo Verde Mini Storage in Mesa, Ariz., for $3.9 million, or $70 per square foot. Rebranded as U-Haul Moving & Storage of Riverview, the property at 255 E. McKellips Road inclu…
Valet Self-Storage Business SpaceWays Ends Service in Chicago
SpaceWays, a valet self-storage business that kicked off its service last year in Chicago, London, Paris and Toronto before expanding to Sydney in 2015, is shutting down its operation in the Windy City, according to a report by “ChicagoInno,&rdqu…
Miami City Self Storage LLC Buys 6 Development Sites in Miami-Dade County, FL
Update 5/21/15 – Affiliate entities of Miami City Self Storage LLC have received $21.9 million in financing to develop the first two of six planned self-storage facilities in Miami-Dade County, Fla., according to the source. Financing was secured…
Arizona Self-Storage Association President to Shave His Head to Fight Cancer
Arizona Self-Storage Association (AZSSA) President Travis Morrow will have his head and beard shaved on stage for charity, May 6, as part of the 17th annual AZSSA Conference & Trade Show. The special event will benefit the St. Baldrick’s Foun…
Metro Storage Acquires Self-Storage Facility in Willow Grove, PA
Metro Storage LLC, which operates more than 100 self-storage facilities in 11 states, has purchased Willow Grove Self Storage in the Philadelphia suburb of Willow Grove, Pa. The property at 1145 Easton Road encompasses 92,000 rentable square feet of st…
Inside Self-Storage Launches 2015 Manager-Compensation Survey
Inside Self-Storage (ISS) has launched a groundbreaking “2015 Self-Storage Manager-Compensation Survey” through which it is seeking authentic information regarding industry wages, salaries, bonuses and incentives. The anonymous questionnair…
European Self-Storage Operator Less Mess Storage Releases Fiscal-Year 2014 Financial Results
Update 4/29/15 – Less Mess Storage Inc. (LMS) has released financial results for its abbreviated four-month year that ended Dec. 31, 2014. The transitional move aligns the company’s fiscal calendar year with its self-storage subsidiaries in…
Valet Self-Storage Startup Boxly Launches in Melbourne, Australia
Boxly, a startup business specializing in valet self-storage services, recently launched in Melbourne, Australia. The company uses an online platform that allows customers to schedule free item pickup, maintain an image catalog of stored bins and bulky…