Michael A. Mele, senior vice president of investments in the Tampa, Fla., office of commercial-property investment firm Marcus & Millichap and senior director of the company’s National Self Storage Group, has been named the 2015 top broker in…
Self-Storage Developer Morehead Storage Associates Plans Mixed-Use Project in Charlotte, NC
Self-storage developer Morehead Storage Associates intends to build a five-story, 100,000-square-foot facility adjacent to Bank of America Stadium in Charlotte, N.C. The plan calls for a mixed-use development at 600 W. Morehead St. that will offer offi…
Self-Storage Developer Morehead Storage Associates Plans Mixed-Use Project in Charlotte, NC
Self-storage developer Morehead Storage Associates intends to build a five-story, 100,000-square-foot facility adjacent to Bank of America Stadium in Charlotte, N.C. The plan calls for a mixed-use development at 600 W. Morehead St. that will offer offi…
Rental-Rate Pricing Strategies for Self-Storage Owners
Knowing when and to whom rental-rate increases should be given, as well as how much they should be, is one of the most important aspects in operating a profitable self-storage facility. Follow this advice to expertly raise rates for new and existing cu…
Simply Self Storage Names Senior-Level Executives, District Managers
Simply Self Storage (SSS), which owns or manages 187 self-storage facilities in the United States and Puerto Rico, named eight new senior-level executives and promoted three other employees.
Self-Storage Building Manufacturer BETCO Opens New Design Center in Charlotte, NC
BETCO Inc., a manufacturer of metal buildings and components for the self-storage industry, has opened a new design center in Charlotte, N.C., to meet the growing demand for multi-story self-storage construction, according to a press release. Chris Gil…
U-Haul Self-Storage Facility in Lewisville, TX, Adds Boat and RV Storage
A U-Haul self-storage facility in Lewisville, Texas, recently expanded its property by adding boat and RV storage. U-Haul Moving & Storage of Lake Lewisville at 811 E. State Highway 121 Business offers 100 vehicle-storage spaces that include electr…
Uncle Bob’s Self Storage Facility Scheduled for Demolition in Raleigh, NC
An Uncle Bob’s Self Storage facility in Raleigh, N.C., is scheduled for demolition. The property at 2401 S. Wilmington St. is comprised of eight buildings varying in size from 1,800 to 2,625 square feet. The $20,000 project will be handled by McK…
Self-Storage REIT National Storage Affiliates Trust Adds Hide-Away Storage Services as 7th Regional Operator
National Storage Affiliates Trust (NSAT), a Maryland real estate investment trust (REIT) specializing in self-storage, has signed an agreement to add Sarasota, Fla.-based Hide-Away Storage Services Inc. as the REIT’s seventh participating regiona…
UK Self-Storage Company Lok’nStore Reports Preliminary Financial Results for First Half of Fiscal 2016
U.K. self-storage company Lok’nStore Group PLC has reported a “continued strong performance” based on preliminary figures for the first half of its 2016 fiscal year, which ended Jan. 31. The company reported a 5.4 percent increase in same-s…