Extra Space Storage Inc., a publicly traded self-storage real estate investment trust (REIT) and third-party management firm, has purchased A-Alamo Storage, a 76,720-square-foot, 919-unit self-storage facility in Houston.
Storage Pros Sells 37 Self-Storage Properties to Joint Venture for $242.5M
Storage Pros Management LLC, which specializes in the acquisition, development and management of self-storage facilities in the eastern states, is in the process of selling the majority of its owned assets. The company has agreed to sell 37 properties …
Inside Self-Storage Store Releases 2016 Guidebooks
The Inside Self-Storage Store, an e-commerce website providing research and education products for industry professionals, has released its 2016 Guidebook Series covering all aspects of the storage business. The 2016 series includes digital or softcove…
Warding Off Smelly Onions and ‘Bad Eggs’ by Screening Your Self-Storage Tenants
Some self-storage customers rent units with bad intentions, planning to use them for illegal or other problematic activities. Tenant screening can be used to sidestep potential issues, protect the business from unnecessary risk, and reduce the liabilit…
New ISS Podcast Provides Self-Storage Real Estate Insight and Advice
Inside Self-Storage (ISS) has released a new podcast focused on the self-storage real estate market. Part of the “Sounds of Storage” series, the nine-minute recording features an interview with Ben Vestal, president of the Argus Self S…
Storage Made EZ in Evansville, NY, Launches Mobile App for Self-Storage Customers
Storage Made EZ in Evansville, N.Y., has released a mobile application to connect its self-storage customers with facility staff. The app enables users to send voice and video notes directly to the property’s managers.
The Lock Up Self Storage Plans 3-Story Facility on Former Motel Site in Milford, CT
Update 12/30/15 – The Lock Up Self Storage will be able to move forward with its plan to develop a new facility in Milford, Conn., when revised zoning regulations take effect on Jan. 8, according to a source. Among the zoning changes approved by …
The Lock Up Self Storage Plans 3-Story Facility on Former Motel Site in Milford, CT
The Lock Up Self Storage, which operates more than 30 facilities in eight states, intends to develop a three-story self-storage facility on a site that once housed the Liberty Rock Motel in Milford, Conn. The 85,000-square-foot facility will be built o…
Witt Street Properties Plans Self-Storage Conversion Project in Winston-Salem, NC
Update 2/26/16 – Work is progressing on the Witt Street Properties self-storage conversion project in Winston-Salem, with pre-rental reservations expected to be available via CubeSmart next month, according to the source. The facility will offer …