Self-storage rental rates declined an average of 1 percent across the United States in August, according to the monthly Self Storage Rent Index maintained by Storage Seeker, an online self-storage directory and price aggregator. The decline marked the …
Storage of America Pursues Self-Storage Conversion for Monroe, MI
The Monroe, Mich., City Council unanimously rejected a rezoning application last week from Indianapolis-based self-storage operator Storage of America LLC (SOA), but recommended the company and its developer, McKenna Development LLC, pursue a planned-u…
Storage Master to Convert Buildings Near Milwaukee Airport to Self-Storage
Storage Master LLC has acquired two buildings near General Mitchell International Airport in Milwaukee with plans to convert them to self-storage. The company purchased the 4.5-acre site from construction firm T&M Industries LLC for $1.7 million, a…
Outsourcing Self-Storage Management: Finding Your Comfort Level for Optimal Success
There are several factors to consider when hiring a third-party management company to oversee your self-storage facility. Learn about the different models and questions to ask your partner candidates.
Multi-Story Case Study: Tri-Village Self Storage in Columbus, OH
As self-storage continues to permeate infill markets, many developers are designing multi-story properties to take advantage of small building footprints. In this case study, representatives of Tri-Village Self Storage share the challenges of building …
Federal Way, WA, Officials Impose 1-Year Moratorium on Self-Storage Development
The Federal Way, Wash., City Council passed an ordinance on Tuesday that imposes a one-year moratorium on any new self-storage development, including expansion of existing facilities. The move was prompted by a recommendation from city staff, which not…
Apex Market Research Releases Report on Self-Storage Management Software
Apex Market Research, a supplier of market-research reports examining several product types and industries, has published a study on the global self-storage software market. The report looks at market size, performance in revenue and volume, and foreca…
Founder/President of Self-Storage Operator Everest Properties Appointed Ambassador to Croatia
W. Robert Kohorst, founder and president of Everest Properties II LLC, a privately held real estate investment firm with interests in multi-family, retail and self-storage properties, has been appointed ambassador to Croatia by President Donald Trump. …
CubeSmart Self-Storage Facility Proposed for Dale City, VA
CubeSmart, a self-storage real estate investment trust, is seeking zoning approval to build a new facility in Dale City, Va. County planners are reviewing the special-use permit application for the business at the intersection of Dale Boulevard and Map…