Investment-management firm Harrison Street Real Estate Capital LLC (HSRE), which has extensive interests in “needs-based” real estate, including self-storage, has acquired a two-property portfolio in the Nashville market from Mallory Statio…
Self-Storage Facility Valuation in a Changing Market: Factors, Methods and Optimization
It’s helpful for a self-storage owner to understand the current real estate market, even if he isn’t interested in buying or selling, as it can impact the success of his business. Here’s advice on how to determine a property’s v…
Oklahoma City Self-Storage Owner to Pay $800K in Sexual-Harassment Settlements
Walter Ray Pelfrey, a 78-year-old Choctaw, Okla., resident who owns self-storage and residential properties in the Oklahoma City metro area, has agreed to pay a total of $800,000 to seven women who accused him of sexual harassment. The plaintiffs, all …
Self-Storage Project to Move Forward in Union Charter Township, MI
The Union Charter Township, Mich., Board of Trustees granted a special-use permit last week that will allow real estate developer Mt. Pleasant Investment Properties LLC to move forward on its self-storage project at 1982 E. Remus Road. The approval com…
Ocean View, DE, Residents Oppose Self-Storage Project
Residents in Ocean View, Del., are opposing a self-storage project proposed by Galbraith Development Group LLC. Ron Golden, who lives across from the potential site on Muddy Neck Road, has collected signatures from 156 residents against the 46,000-squa…
Self-Storage Firm Investment Real Estate LLC Hires Director of Construction
Investment Real Estate LLC (IRE), a property-management and consulting firm serving the self-storage industry, has hired Jeff Murdorf as director of construction, responsible for leading all construction projects for the Investment Real Estate Group of…
Registration Now Open for 2018 ISS World Expo
If you’re a storage professional looking for new ideas, inspiration and answers on how to start or expand your storage business, then look no further than the Inside Self-Storage World Expo April 3-6, 2018 in Las Vegas. Best rates end Jan. 30th.
Building Your Perfect Company Culture: Insider Advice for Self-Storage Owners
Developing the right company culture will make your self-storage team more creative, purposeful and successful. Here’s insight from a seasoned facility operator on building the perfect ethos.
Self-Storage Companies Extra Space, Yardi Systems Voted Among Top 100 Best Places to Work
Extra Space Storage Inc., a self-storage real estate investment trust (REIT) and third-party management firm, and Yardi Systems Inc., a provider of management software for self-storage and other real estate, have been voted among the Best Places to Wor…
Inside Self-Storage Store Releases 2018 Facility-Maintenance Calendar Packages
The Inside Self-Storage (ISS) Store, an e-commerce website providing research and education products for industry professionals, has released the “Self-Storage Maintenance Package 2018: Monthly Task Calendars and Guide.” Designed for facili…