Although various versions of self-storage have existed in Uruguay for some time, the industry is shifting to follow the U.S. model. Here’s a look at how one operator is embracing this new vision.
Public Storage Affiliate PS Florida One Acquires Budget Self Storage Facility in Bradenton, FL
PS Florida One Inc., an affiliate of real estate investment trust (REIT) Public Storage Inc., has acquired Budget Self Storage at 6801 Cortez Road W. in Bradenton, Fla., for $8.58 million. The facility comprises 67,171 square feet on 4.4 acres. It was …
Self-Storage REIT Strategic Storage Trust II Amends Credit Facility with KeyBank
Strategic Storage Trust II Inc. (SST II), a self-storage real estate investment trust (REIT) sponsored by SmartStop Asset Management LLC, has amended a revolving line of credit with KeyBank. The amended credit facility has a maximum borrowing capacity …
Self-Storage Operator StorageMart Inspects Unit Cleanliness With ‘White Glove Test’
StorageMart, a Columbia, Mo.-based self-storage operator with more than 165 facilities in Canada and the United States, has launched a facility-clean initiative to ensure its properties offer a professional level of cleanliness. Company president Cris …
Northside Self Storage of Meriden, CT, Supports Home Renovation for Family in Need
Northside Self Storage in Meriden, Conn., recently donated free use of a portable-storage container to a family whose home was being renovated by volunteers. Spirit of Giving Inc., a nonprofit founded by local emergency-services agencies, spearheaded t…
Real Estate Roundup: Self-Storage Transactions January 2016
Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Many are covered in detail on the ISS website and available for viewing on the “Real Estate” topics page. Fol…
West Coast Self-Storage Plans New Facility for Seattle
West Coast Self-Storage has proposed a new facility for 3310 Harbor S.W. in the Alki Point neighborhood of Seattle, on a property that currently houses a warehouse and vacated vehicle-towing lot. The four-story building would be about 45 feet tall with…
Keep-It Self Storage Proposes New Facility for Grass Valley, CA
Keep-It Self Storage owner Loren Willman intends to build a 32,000-square-foot facility in Grass Valley, Calif. The proposal is scheduled for review this week by the Grass Valley Development Review Committee. The application calls for 12 storage buildi…
Hong Kong’s StuffGenie Highlights Valet Self-Storage
Valet-storage companies are popping up all over the world. This short commercial from Hong Kong-based StuffGenie shows how the service works. Learn more about this expanding service on the ISS “valet storage” topics page.
Listen, Learn, Offer Solutions: Tried and True Sales Tips for Self-Storage Operators
Self-storage operators who listen to customers, learn their needs and then offer the appropriate solutions will fare well in the competitive industry landscape. Follow these tips to become a stronger salesperson.