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Monthly Archives: October 2017

Cerrillos Self Storage Gets Planning Approval in Santa Fe, NM

The Santa Fe, N.M., Planning Commission granted a special-use permit last week that will allow a self-storage project to exceed the allowable space allowed by city code. Cerrillos Self Storage LLC will be able to add eight storage buildings comprising …

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Somersworth Storage of New Hampshire Celebrates Expansion, 20-Year Anniversary

Somersworth Storage of Somersworth, N.H., last week celebrated its recent expansion and 20th anniversary with a ribbon-cutting ceremony. The Oct. 4 event was attended by the Greater Somersworth and Greater Dover Chambers of Commerce.

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Author Mark Helm: The Effect of Tenant Delinquency on Self-Storage Income

In this video, Mark Helm, author of “Creating Wealth Through Self-Storage,” explains the calculated effect of tenant delinquency on facility income and how it fits into an operation’s key performance indicators. He also discusses why …

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Inside Self-Storage Releases 2017 International Digital Issue

Inside Self-Storage (ISS) has released its 2017 International Digital Issue, which includes in-depth articles about the growth, challenges and operation of self-storage businesses in Africa, Asia, Australia, Canada, Europe, South America and the United…

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Self-Storage Could Replace ‘Old Peanut Factory’ in Billerica, MA

A proposed self-storage facility in Billerica, Mass., cleared its first hurdle on Oct. 5 when the town’s body of representatives approved an overlay that will add self-storage as an additional use for a 6.4-acre parcel at 26 Cook St. The applican…

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Sky Real Estate Submits Proposal for Mixed-Use Self-Storage Project in Overland Park, KS

Update 1/10/18 – The Overland Park Planning Commission recommended approval on Monday for Sky Real Estate’s mixed-use project. The 77,250-square-foot storage facility is expected to be built north of the 108-room hotel. The permitting proce…

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Westport Properties/US Storage Centers Hires New VP of Acquisitions

Westport Properties Inc. (WPI), which operates 122 self-storage facilities under the US Storage Centers brand, has hired Ben Hall as vice president of acquisitions. Hall will focus on helping the company grow its portfolio on the East Coast, according …

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Australia-Based Peer-to-Peer Self-Storage Operator Spacer Raises $2.7M, Buys Parkhound

Spacer.com.au Pty. Ltd. of Australia, a peer-to-peer self-storage marketplace, has raised $2.7 million in funding that it will use to acquire competitor Parkhound and pursue other expansion opportunities. The purchase will add 55,000 customers and 10,0…

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The Many Hats of a Self-Storage Manager

A self-storage management position isn’t an ordinary desk job. The following highlights the many “hats” site managers wear to operate a successful facility.

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Metro Storage, Mr. Bodeguitas Form Self-Storage Joint Venture in Central America

Metro Storage LLC, which operates more than 125 self-storage locations in 14 states, has formed a joint venture with Guatemala-based self-storage operator Mr. Bodeguitas International (MBI) through its subsidiary Metro Storage International (MSI). The …

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