Closetbox Inc., a startup business specializing in valet self-storage services, raised $5.5 million in a funding round that ended March 22. The round was led by Boulder Ventures, which has invested previously, according to the source. Closetbox will us…
Self-Storage Software Provider SiteLink Releases New Version of myHub Browser-Based Companion
SiteLink, which provides cloud-based facility-management software and payment-processing services for self-storage operations, has released a new version of SiteLink myHub, the browser-based companion to its SiteLink Web Edition software. The product r…
Mamaroneck Self Storage Hosts Group of London-Based Insurance Brokers
Mamaroneck Self Storage in Mamaroneck, N.Y., recently hosted a group of London-based insurance brokers who specialize in insuring self-storage operations. Designed to give the English team a bird’s-eye view of select U.S. storage facilities, the …
KEMF Tempe Storage, Tempe Choice Self-Storage Acquire 3 Arizona Properties
Self-storage operators KEMF Tempe Storage LLC and Tempe Choice Self-Storage have acquired three Tempe, Ariz., facilities from Business Property Trust in separate transactions for a total of $8.6M. Together, the properties comprise 112,907 square feet, …
Self-Storage Facility Planned Near North Providence, RI
Update 4/20/17 – The planning board granted conditional master-plan approval last week for the self-storage project proposed by Douglas Avenue Associates and U.S. Development II. The plan is still contingent on the town council approving the amen…
Hibernia Capital Advisors Opens Garfield Storage in Phoenix
Real estate firm Hibernia Capital Advisors LLC has opened Garfield Storage, a new self-storage facility in Phoenix. The property will be managed by Cox Armored Mini Storage, a self-storage management firm.
Apple Self Storage Opens 2 New Facilities in Mississauga, Canada
Update 7/26/17 – Apple Self Storage will hold a grand-opening celebration for its Meadowvale location on July 27. The first phase of the facility opened with 800 units and will later expand to 1,300. It employs a staff of four, which will increas…
An Introduction to Raising Your Self-Storage Rental Rates
Revenue management means thinking about how to maximize a self-storage facility’s rental rates while maintaining high occupancy levels. Follow this advice to build a solid plan to keep your rental rates in line with your specific market.
6 Do’s and Don’ts for Choosing Self-Storage Management Software
Choosing self-storage management software can be a relatively quick decision, but the impact of your choice can ripple through your company for years. Follow these six do’s and don’ts to make the right choice for your business.
Self-Storage Firm SmartStop Asset Management Aids in Raising $10K for Laura’s House H.E.A.R.T. Program
SmartStop Asset Management LLC, a diversified real estate company that manages 104 self-storage facilities in Canada and the United States, helped raise $10,090 last month for the “Healthy Emotions and Attitudes in Relationships Today” (H.E…