Outbox Self Storage, which operates three facilities in North Carolina, is expanding its portfolio in the Carolinas with one acquisition and one new development. Both properties are in new markets for the operator, according to a press release.
South Africa Self-Storage Operator Stor-Age Aids Water Crisis With Collection Campaign
Stor-Age Property REIT, which operates self-storage facilities in South Africa and the United Kingdom, has launched a collection campaign to help distribute water to residents of Cape Town, South Africa. The city is experiencing a water crisis in which…
Wales-Based Storage Giant Acquires Your Self Storage in Cannock, England
Wales-based Storage Giant Ltd. has acquired Your Self Storage in Cannock, England. The facility comprises 32,000 square feet in 279 units. The multi-million-dollar deal is the company’s fourth acquisition in the last 12 months and will make Stora…
Cherney Development to Convert Happy’s Flea Market to Self-Storage in Roanoke, VA
Real estate developer Cherney Development Co. Inc. intends to convert the former Happy’s Flea Market in Roanoke, Va., to self-storage. Company affiliate Fort Knox 5411 Williamson Road LLC acquired the 11-acre property in December for $950,000.
Northgate Self-Storage of Randburg, South Africa, Helps Bats, Bees and Owls
Northgate Self-Storage of Randburg, South Africa, is supporting the Owl Rescue Centre of Hartbeespoort, a resort town north of Johannesburg. The storage facility at 220 Elsecar St. will serve as a drop-off location for the donation of plastic bottles, …
Sheridan Village Self Storage Opens as Part of Pembroke Pines, FL, Mixed-Use Project
Sheridan Village Self Storage has opened in Pembroke Pines, Fla., as part of a mixed-use project. The property at 16602-16660 Sheridan St. comprises 63,654 square feet of space.
AAA Storage Builds 2 Iowa Self-Storage Facilities
AAA Storage Inc. is building two self-storage facilities in Iowa. The first, at 2175 N. Ankeny Blvd. in Ankeny, is nearly complete. It’ll feature single- and multi-story buildings comprising 102,000 square feet of storage space, some of which wil…
Building Your Self-Storage Business With ISS Expo: Tools for Development and Construction
The 2018 Inside Self-Storage World Expo is the place to gain know-how about facility development and construction. Get tools to help you succeed in your projects via the event’s seminars, workshops, exhibits and more.
How to Determine Base Salary, Bonuses and Incentives for Your Self-Storage Staff
Payroll is one of the biggest operational expenses self-storage owners incur and can be a costly item to get wrong. Though there isn’t a magic formula to calculate how much to pay your staff, this article offers tips to ensure you compensate empl…
Partnering With Private Investors to Help Fund Your Next Self-Storage Project
Though it’s an exciting time for self-storage developers and investors, funding projects can be a challenge. Here’s advice on partnering with accredited private investors who are seeking an alternative to traditional vehicles such as stocks…