Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, continues to expand existing properties as well as acquire empty buildings to convert to self-storage. The company recently announced&n…
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Storage Express Opens 8th Indianapolis Self-Storage Facility
Storage Express, which operates 91 self-storage properties in five states, has opened its eighth facility in Indianapolis. The property at 7734 Madison Avenue comprises 34,000 square feet of climate-controlled and drive-up space. Property features incl…
Self-Storage Companies Launch 2016 Holiday Charity Drives
Self-storage operators around the world have launched drives to collect clothing, food, toys and more for various charitable organizations this holiday season. Here’s a summary of how they’re giving back to their communities so far in fall/…
Environmental Issues Dash Plans for Advantage Development Group Self-Storage Project in Westville, CT
Update 11/16/16 – Advantage has pulled out of negotiations to purchase the formal Aerial Map factory, ending its bid to develop self-storage at the site. The company walked away from the deal after a phase-three environmental study revealed previ…
Con Artist Fleeces Self-Storage Facilities, Customers Out of £250K Before Fleeing to South America
The owner of a former Hilton, England, self-storage business has been sentenced to three years and 10 months in jail for defrauding more than £250,000 from businesses and individuals. Marcus Elliot, 26, was a partner in Hilton Self-Storage Ltd. a…
Self-Storage Management Firms Announce 3Q 2016 Financial Results
Self-storage management companies Absolute Storage Management (ASM) and Sentry Self Storage Management have released their third-quarter operating results. Both firms showed improvements in same-store revenue over last year.
U-Haul Parent Company AMERCO Releases Second-Quarter Financial Results for 2017 Fiscal Year
AMERCO, the parent company of U-Haul International Inc., reported financial results for the quarter that ended Sept. 30, the second quarter of its 2017 fiscal year. Self-storage revenue increased $10.1 million during the quarter, compared with the seco…
Self-Storage Investment Firm HFF Hires Director for Tampa, FL, Office
HFF (Holliday Fenoglio Fowler LP), a provider of commercial real estate and capital-markets services to self-storage and other commercial sectors, has hired Tom Doyle as a director in its Tampa, Fla., office. Doyle will focus on self-storage sales tran…
Simply Self Storage Hires VP of Operations
Simply Self Storage (SSS), which owns or manages 21 self-storage facilities in the United States and Puerto Rico, has hired Scott Sebring as its new vice president of operations. Prior to joining the company, Sebring worked for self-storage real estate…
Safestore Self Storage Opens New Facilities in Altrincham and Chiswick, England
U.K. self-storage operator Safestore Holdings PLC has opened new facilities in Altrincham and Chiswick, England. Both properties were converted from other uses to self-storage, according to a company press release.