As self-storage evolves into more of a retail business, it’s time for facility operators to think about synergistic products and services that can help them generate add-on revenue. This showcase highlights excellent profit centers that work well…
Providing Online Resources for Your Self-Storage Customers
Competing with large self-storage companies when you’re a small fish means you have to ensure your online presence is in check. Providing customers with all the resources they may need during their time with your facility will certify your validi…
Anchor Self Storage Supports Sweet Repeat Charitable Foundation in Lake Wylie, NC
Anchor Self Storage in Lake Wylie, N.C., has donated a security system to the Sweet Repeat Charitable Foundation after the nonprofit suffered several break-ins. Items were taken twice in November and again in January from the organization’s unloc…
Anchor Self Storage Supports Sweet Repeat Charitable Foundation in Lake Wylie, NC
Anchor Self Storage in Lake Wylie, N.C., has donated a security system to the Sweet Repeat Charitable Foundation after the nonprofit suffered several break-ins. Items were taken twice in November and again in January from the organization’s unloc…
Andover Properties/Storage King USA Acquires Dundee Self Storage in Florida
Andover Properties LLC, a private real estate investment company, has acquired Dundee Self Storage in Dundee, Fla., for about $3.5 million, or approximately $75 per net rentable square foot. The property at 29500 Highway 27 is on 7.75 acres and compris…
Jenkins Organization Acquires 23 Self-Storage Properties in MN, TX
Update 3/25/16 – The Jenkins Organization has acquired seven more self-storage properties in Minnesota and Texas for $44 million. The transactions involve active self-storage facilities and are separate from the development-pipeline acquisitions …
Atlantic Self Storage to Add 3-Story Expansion in Charlotte, NC
Atlantic Self Storage is adding a three-story, 54,000-square-foot building to its facility at 3434 Monroe Road in Charlotte, N.C. The fully enclosed structure is expected to be complete this year, according to the source.
Amsdell Cos./Compass Buys Devon Self Storage Facility in Philadelphia
Update 3/30/16 – Additional details have been released on the Philadelphia self-storage facility recently acquired by separate affiliates of Amsdell Group and Compass Self Storage. The Oregon Avenue facility near downtown was acquired for $11 mil…
Author Mark Helm: Add-On Revenue Streams Can Add a Minimum of $250K in Self-Storage Property Value
Self-storage operators who refrain from implementing add-on profit streams not only miss out on elevating their breadth of services for customers, they’re missing an opportunity to increase the value of their asset by at least $250,000. In this v…
Freedom Storage Facility Planned for Loveland, CO
Brothers Eric and Calvin Kelley have purchased 8.75 acres of land in Loveland, Colo., on which they plan to build their first self-storage facility, branded as Freedom Storage. The site at 115 Peridot Ave. is north of East First and west of Denver Aven…