Canadian self-storage operator StorageVault Canada Inc. has agreed to buy four self-storage facilities and a portable-storage business either owned or related to Access Self Storage Inc., one of its major shareholders, for nearly $48 million. The deal,…
South Africa Self-Storage Operator Stor-Age Acquires Competitor Storage RSA
Update 12/14/16 – Stor-Age has completed its acquisition of Storage RSA share capital through its subsidiary Roeland Street Investments and made “significant progress” toward a proposed purchase of another Cape Town facility in Somers…
Central Self Storage of Lafayette, CA, Sponsors Art & Wine Festival
Central Self Storage of Lafayette, Calif., served as a sponsor for the city’s Lafayette Art & Wine Festival, Sept. 17-18. Now in its 21st year, the event typically draws more than 80,000 people, according to its website.
South Street Self Storage in Danbury, CT, Celebrates Grand Opening
South Street Self Storage celebrated its opening in Danbury, Conn., on Sept. 16 with a ribbon-cutting ceremony. Owners and brothers-in-law Kenneth Fantel and Jay Moody were joined by facility manager Monica Robert as well as family and friends. City of…
Fuquay-Varina, NC, Poised to Approved 2nd Controversial Self-Storage Project
A rezoning request that would enable H H & H Ministorage to expand its self-storage facility onto 2.4 acres of residential property appears to be favored by the Fuquay-Varina, N.C., Board of Commissioners, despite recommendations against the applic…
Man Pleads Guilty to Killing Wife at Flag City Mini Storage in Findlay, OH
Onelio Almeida, 63, was sentenced to 20 years to life in prison after pleading guilty in the self-storage shooting death of his estranged wife, Juanita Almeida, 44. Almeida killed his wife on June 25 during an argument at his storage unit at Flag City …
Assessing the Health of Your Self-Storage Business
As long as the phone keeps ringing and units are rented, you may think your self-storage business is fine. However, a facility checkup is a crucial exercise you should undertake to ensure a healthy future for your business.
Understanding Occupancy and Management Data to Improve Your Self-Storage Operation
To truly run a self-storage business well, you need to understand the different types of occupancy rates as well as the data you can access through your management software. Here are some important metrics and reports to consider.
Ipsos Business Consulting Releases Report on Self-Storage Activity in Mainland China
Ipsos Business Consulting (IBC), the strategic business-consulting unit of market-research firm Ipsos Group, has published a report examining growth of the self-storage industry in Mainland China. Titled “Mainland China Self Storage Industry Repo…
Inside Self-Storage Releases 2016 Top-Operators List, Available in Multiple Formats
Inside Self-Storage (ISS) has released its 2016 Top-Operators List, ranking 100 of the self-storage industry’s foremost players based on total net-rentable square footage. The list includes facility and brand owners, independents and property-managemen…