Even the most diligent self-storage operator isn’t immune from experiencing property damage at his facility from time to time. Here’s are some common incidents that can occur and how to avoid and address them.
Self-Storage Firm Strategic Storage Trust II Names New President
Strategic Storage Trust II Inc. (SST II), a public, non-traded, self-storage real estate investment trust (REIT) sponsored by SmartStop Asset Management LLC, has appointed Michael S. McClure as the company’s new president. He replaces H. Michael Schwar…
Self-Storage Firm Investment Real Estate Names New Director of Operations
Investment Real Estate LLC (IRE), a property-management and consulting firm serving the self-storage industry, has promoted Jason Carl to director of operations. His responsibilities will include setting policies and systems to ensure the achievement o…
UK Self-Storage Operator Lok’nStore Releases Pre-Close Financial Results for First Half of Fiscal 2017
U.K. company Lok’nStore Group PLC, which provides self-storage and records-storage services, released a pre-close update for the first half of its 2017 fiscal year, which ended Jan. 31. The company reported a 3.9 percent year-over-year increase in self…
Henry S. Miller Cos. Builds Self-Storage in Garland, TX
Henry S. Miller Cos. (HSM), a Texas-based real estate firm, is developing a self-storage facility in Garland, Texas, under the auspices of HSM Hwy 66 Storage LP. The property is expected to open this fall and will be managed by self-storage real estate…
Operating Self-Storage in Norway: Technology Paves the Way for OK Minilager AS
The self-storage industry has gained momentum in numerous countries in recent years. In each, the business has developed in its own way. This is the story of OK Minilager AS, a self-storage operator with more than 40 locations in Norway, and how it has…
Self-Storage Developer Fights Warehouse Classification in Rock Falls, IL
Building contractor Jack Guerrieri is battling officials in Rock Falls, Ill., over the definition of self-storage. Guerrieri intends to build an office building and storage facility on land he owns at 307 W. 16th St., but while he has clearance to purs…
Self-Storage Developer Fights Warehouse Classification in Rock Falls, IL
Building contractor Jack Guerrieri is battling officials in Rock Falls, Ill., over the definition of self-storage. Guerrieri intends to build an office building and storage facility on land he owns at 307 W. 16th St., but while he has clearance to purs…
1784 Capital Holdings to Develop Self-Storage Facility in Scottsdale, AZ
1784 Capital Holdings LLC intends to develop a self-storage facility on 2.52 acres in Scottsdale, Ariz. The company acquired the property at 7550 E. Paradise Lane for about $1.15 million. It’s within the master-planned Scottsdale Promenade develo…
1784 Capital Holdings to Develop Self-Storage Facility in Scottsdale, AZ
1784 Capital Holdings LLC intends to develop a self-storage facility on 2.52 acres in Scottsdale, Ariz. The company acquired the property at 7550 E. Paradise Lane for about $1.15 million. It’s within the master-planned Scottsdale Promenade develo…