The five largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Life Storage Inc., National Storage Affiliates Trust and Public Storage Inc.—have released financial statem…
Seaville Self Storage Owner Re-Elected to Township Committee in Upper Township, NJ
Update 11/10/17 – Corson retained his seat on the Township Committee by receiving 52 percent of the vote. The 53-year-old Republican self-storage owner prevailed despite heavy Democratic voter turnout. Bond and Grubb received 40 percent and 9 per…
Pegasus Group/Central Self Storage Partners With Charity Storage
Pegasus Group, a real estate investment and management company that owns and operates self-storage facilities under the Central Self-Storage brand, is partnering with Charity Storage Inc. to raise money for The Michael J. Fox Foundation and other cause…
Public Storage Opens New Self-Storage Facility in Plano, TX
Public Storage Inc., a self-storage real estate investment trust (REIT), opened a new facility last month in Plano, Texas, a suburb of Dallas. The property at 7950 Ohio Drive, the company’s ninth in the city, is part of an ongoing effort to expan…
Storage Pros Management Acquires 2 Stor/Gard Self Storage Properties in Northborough, MA
Storage Pros Management LLC (SPM), which owns or manages 19 facilities in six states, has acquired two Stor/Gard Self Storage facilities in Northborough, Mass., a Boston suburb.
Reaching On-the-Go Tenants: How Mobile Affects Self-Storage Marketing
The extensive use of mobile devices is changing the self-storage tenant experience from every angle. When creating your mobile-marketing plan, you need to consider your website design, search engine optimization, pay-per-click advertising and local.
Reclaiming Your Service Savvy to Run a Successful Self-Storage Business
Great customer service is vital to the success of a self-storage business. Unfortunately, some operators have lost this aspect of their business. Here’s how to get it back.
Self-Storage Firm SmartStop Asset Management Promotes Ken Morrison to COO
SmartStop Asset Management LLC, a diversified real estate company that manages 108 self-storage facilities in Canada and the United States, has appointed Ken Morrison to chief operations officer for self-storage. Morrison has been with SmartStop since …
Jernigan Capital Comments on New Self-Storage Supply in Top 50 US Markets
Officials at Jernigan Capital Inc., a merchant bank and advisory firm serving the self-storage industry, believe the current rate of new facility supply coming to market has been largely overstated in terms of projects expected to follow through to com…
Bel Air Crest to Build Mixed-Use Property With Self-Storage in Miami’s Upper East Side
Bel Air Crest LLC, a company tied to real estate firm Knickpoint Ventures, plans to develop a mixed-use property in Miami’s Upper East Side that will include self-storage and retail. The property at 7865 N.E. 10th Ave. is in the MiMo District, an…