An increasing number of potential self-storage customers are searching and even completing their rental process from their laptop, mobile phone or tablet. Here’s some guidance on how to turn your facility’s online visitors into renters.
Self-Storage Development Project Proposed for Former TV Station in Dayton, OH
Ashford Construction & Development Co., a Dayton, Ohio-based developer of self-storage and other commercial properties, is seeking approval to build Wilmington Pike Storage Inns of America on a 4.6-acre vacant lot, also in Dayton. The property at 1…
Neighborhood Storage Expands Self-Storage Presence in Ocala, FL
Update 12/21/17 – Neighborhood Storage is nearing completion of its newest Ocala self-storage facility. While the property is expected to be ready in early 2018, the company is pursuing expansions at five other locations in the Ocala/Marion Count…
Real Estate Developer Gets Permit for Self-Storage Conversion Project in Fayetteville, NC
Real estate developer Greg Spears received approval from the Fayetteville, N.C., City Council this week for a special-use permit that will allow him to convert three buildings into a self-storage facility. The council voted 10-0 in favor of the permit …
Lake Pointe Self Storage to Serve Marina Market in Lake Wylie, SC
General contractor Ferrara-Buist Cos. plans to construct a 72,000-square-foot self-storage facility in Lake Wylie, S.C. Lake Pointe Self Storage will be built on 10 acres at 4180 Charlotte Highway and offer traditional storage units along with more tha…
Author Mark Helm Explains How Cap Rates Work in Self-Storage Valuations
Capitalization rates are used regularly in the self-storage industry to help set real estate prices, but understanding what cap rates are and why they’re useful can be confusing. In this video, Mark Helm, author of “Creating Wealth Through …
Guardian Self Storage to Convert Former Bowling Alley in Beacon, NY
Guardian Self Storage, which operates locations in Dutchess, Orange and Ulster, N.Y., is converting the former Southern Dutchess Bowl (SDB) bowling alley in Beacon, N.Y., to a self-storage facility, its 14th in the Hudson Valley. The property at 629 Ro…
Self-Storage Owner Develops Mixed-Use Project Including Large Indoor Swapmeet in West Oahu, HI
Christopher Ulu, owner of StorKeeper Self Storage in Honolulu, is developing a mixed-use project that will include self-storage, shared office space, an indoor swapmeet and more in Kapolei, a master-planned city in West Oahu, Hawaii. Slated to open in …
Self-Storage Operator Tuxis Corp. Reports 1Q 2015 Financial Results
Tuxis Corp., which operates self-storage facilities in Connecticut and New York, reported its financial results for the first quarter ended March 31. The company recorded a net loss of $71,969, or $0.06 per share, for the quarter, compared to a net los…
UK Self-Storage Operator Safestore Releases Financial Results for First 6 Months of Fiscal 2015
U.K. self-storage operator Safestore Holdings PLC has released its financial statement for the first six months of its 2015 fiscal year, which ended April 30. The report indicates Safestore experienced growth in revenue, rental rates and occupancy at i…