StorageMart, which operates more than 190 self-storage properties across Canada, the United Kingdom and the United States, has inducted two employees from its Colchester, England, facility to its “Wall of Fame,” which recognizes staff who e…
3 Ways to Achieve Faster Lease-Up at Your Self-Storage Facility
When it comes to leasing up a new or failing self-storage facilities, managers should consider going beyond the basics to differentiate from competitors. Guest blogger Tim Schlee of VaultDrop LLC offers three ways operators can speed up lease-up and st…
Canyon Catalyst Fund to Pursue Self-Storage Investments
The California Public Employees’ Retirement System (CalPERS) has allocated $350 million toward the Canyon Catalyst Fund (CCF), a discretionary account managed by real estate investment firm Canyon Partners Real Estate LLC (CPRE). Though the CCF c…
Self-Storage REIT Life Storage Names Chief Information Officer, Adds to Board of Directors
Self-storage real estate investment trust Life Storage Inc. has named Joseph V. Saffire as its new chief information officer (CIO) and appointed Carol Hansell to the company’s board of directors.
Body Found Inside Cooler at U-Haul Self-Storage Facility in Lenexa, KS
A child welfare check last week at a U-Haul Moving and Storage facility in Lenexa, Kan., led to the discovery of human remains inside a cooler in a self-storage unit. Police were called to the facility at 9250 Marshall Drive on Oct. 24 to investigate a…
Measure What You Manage: Using Self-Storage Software Reports to Understand Your Business
Your self-storage facility’s management data reveals the story of your business. It isn’t just numbers on a page. Here’s advice on which reports to pull from your software and what all the figures tell you.
Jernigan Capital Closes Self-Storage Development Investments in Northern New Jersey
Update 12/20/17 – Jernigan Capital has made a second self-storage co-investment in Northern New Jersey, this time with Orlando, Fla.-based developer Structure Development LLC. The proposed three-story facility for 2 Commerce Center Drive in Dover…
Mini Storage Center of North and South Carolina Launches Rebranding, Renovation Initiative
Mini Storage Center is rebranding and renovating its 11 self-storage properties in North and South Carolina. The effort will include new signage, management software and security measures. The operator’s websites will also be revamped, and some o…
CFO for Westchester Self Storage in New York Wins Award
Peter Ferraro III, the chief financial officer (CFO) for New York-based Westchester Self Storage, was among 13 people named a “Top CFO of The Year” by the “Westchester County Business Journal.” The winners were chosen for their …
The Global Self-Storage Industry Surges Ahead: Trends, Awareness and More
International self-storage development is surging as major population centers continue to embrace the product and institutional funding looks for scalable development partners. Here’s global view of industry trends, awareness and transactions.