Strategic Storage Growth Trust Inc. (SSGT), a public, non-traded real estate investment trust focused on self-storage acquisition and development, has purchased a newly constructed, two-story facility in Phoenix in what is the company’s first cer…
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Commercial Zoning Ruling Will Allow New Self-Storage Facility in Springdale, AR
The Springdale, Ark., City Council voted 5-3 this week in favor of changing the zoning on 3.56 acres along South Downum Road from residential to commercial. The move was hotly contested between council members but will enable property owner Terry Pinkl…
Extra Space Buys Diamond Head Self-Storage in Honolulu
Extra Space Storage Inc., a publicly traded self-storage real estate investment trust (REIT), has acquired Diamond Head Self Storage in Honolulu for $29 million. The property at 633 Ahua St. is near the airport.
ISS Releases Slideshow on Self-Storage Customer Service
Inside Self-Storage (ISS) has released a new online slideshow to help facility operators improve their customer service. “A Focus on Customer Care: Elevating Your Self-Storage Service from Average to Astonishing” includes do’s and don…
U-Haul to Convert Former Shoe Factory to Self-Storage in Newark, NJ
Phoenix-based U-Haul International Inc. has purchased 10 properties in Newark, N.J., including a former shoe-manufacturing plant, that it plans to convert to self-storage. U-Haul acquired the sites from 141 to 155 1st Street from the city for $200,000,…
University Self Storage in Pensacola, FL, Changes Hands
University Self Storage in Pensacola, Fla., was sold to University Storage Pensacola LLC. The seller was WCBB Investments & Management Inc., a Florida-based company founded in 2011.
Real Estate Roundup: Self-Storage Transactions May 2016
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 “Real Estate” topics page. Fol…
Woman Arrested, Charged in Antioch, TN, CubeSmart Robbery that Left Tenant Wounded
Update 9/19/16 – Police have arrested a woman they believe helped coordinate the May robbery of a CubeSmart self-storage facility in Antioch, in which a tenant was shot five times. Jessie Parker was charged over the weekend with especially aggrav…
South Africa Valet-Storage Operator SpaceBox Launches Initiatives to Improve Customer Service, Sustainability
SpaceBox, a South Africa-based valet-storage startup launched as a division of XtraSpace Self Storage, has started several initiatives designed to increase customer satisfaction and the operation’s environmental sustainability. Among the moves ar…
Fate of Friendly Fox ‘Cyril’ Debated at Safestore Self-Storage Facility in Wimbledon, England
The presence of a fox at a Safestore self-storage property in Wimbledon, England, has created tension between the business and local animal lovers after word spread that the facility operator was planning to have the fox shot today by a pest-control co…