Investment Real Estate LLC (IRE), a property-management and consulting firm serving the self-storage industry, has promoted Dana Sinsheimer from assistant district manager to district manager. In this role, she’ll lead a team of property managers…
Tenant Catches Thief in Action at Cordele, GA, Self-Storage Facility
A self-storage tenant caught a thief on Sunday stealing items from the tenant’s unit at Cordele Mini Storage in Cordele, Ga. When the victim arrived at the property at 215 7th St., he discovered the lock was missing from his unit door. After purc…
SurePoint Self Storage to Build New Facility in Pearland, TX
Texas-based SurePoint Self Storage expects to break ground this month on a development in Pearland, Texas. The facility at 3200 Kirby Drive, west of Highway 288, will comprise 91,950 square feet in 726 traditional and climate-controlled units. The comp…
Solving the Puzzle of Self-Storage Site Selection
In today’s competitive self-storage market, customers won’t automatically come to your facility—where you choose to build is key. Here’s an overview of the site-selection process and how it impacts project viability.
Australia-Based Peer-to-Peer Self-Storage Operator Spacer Buys Out Roost
Spacer.com.au Pty. Ltd., an Australia-based peer-to-peer self-storage marketplace, has acquired U.S.-based Roost Shared Storage Inc. and will rebrand the business as Spacer.com. The deal includes Roost’s customers, database and technology platfor…
Inventor Stashes Creative Contraptions in Extra Space Self-Storage Unit
After moving back home with Mom and Dad, where should an inventor keep his prized creations? Self-storage, of course. In this short commercial from real estate investment trust Extra Space Storage, the comical entrepreneur enthusiastically demonstrates…
Live Oak Bank Launches Express-Loan Product for Self-Storage
Wilmington, N.C.-based Live Oak Bank has launched an express-loan product designed for self-storage developers as well as industry owners who wish to upgrade their facilities. Loans from $75,000 to $350,000 are available for working capital, facility e…
Self-Storage Directory Find Local Storage Hires New Executive Director
Find Local Storage (FLS), a consortium of self-storage owners who operate an online facility directory, has hired Michelle Jordan as executive director. She’ll be responsible for driving business expansion and new-product development, as well as …
Public Storage Acquires A2Z Self Storage in Orchard Park, NY
Public Storage Inc., a self-storage real estate investment trust (REIT), has purchased A2Z Self Storage in Orchard Park, N.Y., for $4 million. The REIT now has eight storage sites in the region.
Council Denies Mixed-Use Self-Storage Project in Troy, MI
Update 5/19/17 – The Troy City Council denied the rezoning request from E-Z Mini Storage on May 8 with a 5-2 vote. More than 20 residents spoke in opposition to the proposal, reiterating earlier concerns that the mixed-use self-storage project di…