Storage Business Owners Alliance LLC (SBOA), a buying group for the U.S. self-storage industry, and List Self Storage (LLS), which operates a website for real estate professionals to list and identify facilities for sale, have promoted Alison DeJaeger …
StorageMart Acquires Self-Storage Facility in Lake Charles, LA
StorageMart, which operates more than 190 self-storage properties across Canada, the United Kingdom and the United States, has acquired Assured Mini Storage in Lake Charles, La. The 7.4-acre property at 4852 Ihles Road is just off Country Club Road (LA…
StorageVault Acquires Sentinel Storage, 3 Other Canada Self-Storage Assets for $429M
Update 8/3/17 – StorageVault has closed on the 24 self-storage facilities that were part of the Sentinel Storage portfolio. In addition to paying for the assets through the issuance of company shares, cash on hand and mortgage financing, the comp…
Strategic Storage Growth Trust Acquires Asheville, NC, Self-Storage Portfolio for $10M
Strategic Storage Growth Trust Inc. (SSGT), a public, non-traded real estate investment trust focused on self-storage acquisition and development, has acquired a two-property portfolio in Asheville, N.C., for $10.25 million. Together, the facilities co…
Big Tex Self Storage Develops New Facility in Garden Oaks Neighborhood of Houston
Texas-based Big Tex Self Storage is developing a new facility in Garden Oaks, a neighborhood of Houston. Expected to open in June 2018, the property at 3480 Ella Blvd. will also serve Oak Forest residents. The 100,000-square-foot, climate-controlled fa…
From the 2017 ISS Expo: Colliers Executive Discusses Custom Self-Storage Reports, Partnership With ISS
In this video, filmed at the 2017 Inside Self-Storage (ISS) World Expo, Ashton Rowles, executive managing director of Colliers International Valuation and Advisory Services LLC, discusses the company’s partnership with ISS to offer custom data re…
5 Operating Strategies to Ensure You Get Top Dollar for Your Self-Storage Property
When selling your self-storage facility, the goal is to receive top dollar at the closing table. Here are five operating strategies that will put a smile on your face on settlement day.
Optima Self Store Opens in Stamford, England
Optima Self Store has opened in Stamford, England, using portable metal shipping containers as storage units. The property on Uffington Road is behind Moles Country Store and near Morrisons supermarket, according to a press release.
Irish Self-Storage Operator Nesta Expands Dublin Facilities
Update 10/19/17 – Nesta is investing €2 million to expand all four of its locations, including the previously announced Kylemore Road project. Expansions are also planned for its facilities in the Deansgrange, Sandyford and Santry areas of D…
Kansas Self-Storage Operators Could Lose Sales-Tax Exemption
The Kansas legislature is considering a bill that would remove the sales-tax exemption from self-storage and several other services. The house approved the measure 78-42 on Monday, sending it to the senate. The proposal is part of a larger budget strat…