Revenue management means thinking about how to maximize a self-storage facility’s rental rates while maintaining high occupancy levels. Follow this advice to build a solid plan to keep your rental rates in line with your specific market.
Self-Storage Firm SmartStop Asset Management Aids in Raising $10K for Laura’s House H.E.A.R.T. Program
SmartStop Asset Management LLC, a diversified real estate company that manages 104 self-storage facilities in Canada and the United States, helped raise $10,090 last month for the “Healthy Emotions and Attitudes in Relationships Today” (H.E…
StorageMart Acquires Self-Storage Facility in Soquel, CA
StorageMart, which operates more than 190 self-storage properties across Canada, the United Kingdom and the United States, has acquired a Store More America facility in Soquel, Calif., for $18.6 million. It’s the operator’s first foray into…
Country Storage Gets Approval to Expand in Lyon Township, MI
Country Storage LLC has received site-plan approval from the city to expand its self-storage and vehicle-storage facility in Lyon Township, Mich. Construction is expected to begin this spring, according to a press release.
Global Self Storage Reports Fourth-Quarter and Full-Year 2016 Results
Global Self Storage Inc., a self-storage real estate investment trust (REIT), has released its financial statement for the quarter and full year that ended on Dec. 31, 2016. During the fourth quarter, the company increased combined-store revenue 40.1 p…
Business Students Win £1K in Collaboration With UK’s Big Yellow Self Storage
Three students at the University of Sussex School of Business, Management and Economics won £1,000 in a “Student Marketing Competition” in collaboration with U.K. self-storage operator Big Yellow Group PLC. Students were challenged to…
Stor-It Self Storage Division of Avest LP Names New HR Director
Real estate company Avest LP has promoted Kenzi Hurless to human resources director for its Stor-It Self Storage division. Hurless will continue as executive assistant to the CEO as well as oversee the payroll and accounts-payable department.
Pre-Registration Discounts for the 2017 Inside Self-Storage World Expo Expire April 9
Pre-registration discounts for the 2017 Inside Self-Storage World Expo will expire on April 9. The event will take place at the Paris Hotel & Resort in Las Vegas, April 11-13.
National Mini Storage of New Zealand Shows How Self-Storage ‘Creates Space’
What happens when the in-laws drop by for an extended stay? That’s the crux of this commercial from New Zealand self-storage operator National Mini Storage. As the title character empties the “spare room,” he reminisces about the item…
5 Things Self-Storage Operators Should Be Doing on Facebook Now
If you aren’t advertising your self-storage business on Facebook, you could be missing a huge market share. Here are five ways you can get on the path to success on this social media platform.