The self-storage industry is in midst of a wonderful development boom. Still, there are some city officials looking to put a kibosh on the party. Learn more about self-storage moratoriums and what you can do to help change the perception some have of t…
Miami City Self Storage, Cypress Equity Investments Form Joint Venture to Pursue California Projects
Update 11/28/17 – MCSS has partnered with real estate investment firm Cypress Equity Investments LLC (CEI) to launch a joint venture as Pacific Storage Partners. The new entity will target development opportunities in Los Angeles and Northern Cal…
Insurance Made Easy: Vital Coverages to Protect Your Self-Storage Operation
Insurance terminology and legalese can be confusing for many self-storage owners. Here’s some simple insight on the property and liability coverages that are vital for the protection of a storage business.
Rivercrest Realty Investors Expands Self-Storage Portfolio in South Carolina
Rivercrest Realty Investors LLC, a Raleigh, N.C.-based commercial real estate firm, has expanded its self-storage portfolio with two Lockbox Self Storage facilities in South Carolina. The first is an acquisition in Greenville, which was purchased in Ju…
MK Industries Seeks to Convert Former Target Store to Self-Storage in Austell, GA
Real estate firm MK Industries LLC is seeking approval from Cobb County officials to convert a former Target storage in Austell, Ga., to self-storage. The property at 3757 Floyd Road includes a 98,000-square-foot building on about 5 acres. Venture Home…
Life Storage Acquires 3 Space Shop Self Storage Properties in Metro Atlanta
Self-storage real estate investment trust Life Storage Inc. and a joint-venture partner have acquired three Space Shop Self Storage properties in Metro Atlanta from Stein Investment Group, a private real estate investment firm. Totaling more than 300,0…
Santa Fe Springs, CA, to Lift Restriction on Limiting Self-Storage Development
Officials in Santa Fe Springs, Calif., are set to lift a 43-year restriction that banned self-storage facilities from being developed along the city’s major thoroughfares. The city council agreed to eliminate the ban last week and is expected to …
Safehouse Self-Storage Among Buildings Destroyed in London Fire
A fire at a warehouse last night in Tottenham, a district in North London, destroyed most of Safehouse Self-Storage as well as several other businesses. Twenty fire engines and 140 firefighters spent hours extinguishing the blaze at the White Hart Lane…
Self-Storage Competitors Get Green Light to Build in Grafton, WI
The Grafton, Wis., Zoning Board of Appeals last week unanimously rejected a petition by one local self-storage developer to bar a project proposed by another. Bruno Hanney, owner of Bruno’s Self Storage, is building a facility at 2091 County Road…
ISS News Desk: Self-Storage Operators Affected by Natural Disasters
Self-storage operators in several states have been affected by the rash of hurricanes and tornados, while others have stepped forward to assist to those in need. In this ISS News Desk, learn more about the facilities that closed during the storms and w…