Investment Real Estate LLC (IRE), a property-management and consulting firm serving the self-storage industry, has hired Sparky Brooks as brokerage advisor. Based in Boston, Brooks will be responsible for feasibility studies, financial analysis and sel…
Real Estate Developer C.F. Currin Proposes Self-Storage for Chester, VA
Real estate developer C.F. Currin is facing opposition to a self-storage development it has proposed for Chester, Va. Last week the Chesterfield Planning Commission tabled the company’s zoning request for 60 days based on the advice of commission…
Research Firm Technavio Releases Forecast Report on Self-Storage Software Market
Technavio, a London-based technology research and advisory firm, has released a forecast report examining the global self-storage software market between 2016 and 2020. The report presents a detailed segmentation of the market by deployment model (clou…
Self-Storage Finance Firm Jernigan Capital Announces Share-Repurchase Program
Jernigan Capital Inc., a merchant bank and advisory firm serving the self-storage industry, announced its board of directors has authorized a share-repurchase program for up to $10 million of the company’s outstanding shares of common stock, whic…
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…
Peer-to-Peer Self-Storage Storage Marketplace Stashbee Launched in the United Kingdom
Stashbee, a London-based peer-to-peer self-storage marketplace, has launched in the United Kingdom. Similar to other shared-economy networks, the company matches people in need of storage with local hosts willing to rent available space in their homes….
Fraud Recycling Rings Operated Out of 2 South Gate, CA, Self-Storage Facilities
Two Southern California men have pleaded guilty to charges in connection with two fraudulent recycling rings that were operated out of South Gate, Calif., self-storage facilities. Recyclable items were smuggled from out of state and stored in units at …
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.