National Storage Affiliates Trust (NSAT), a Maryland real estate investment trust (REIT) specializing in self-storage, has signed an agreement to add Florida-based Personal Mini Storage as the REIT’s eighth participating regional operator (PRO). …
How to Keep Pests Out of Your Self-Storage Facility
Nothing can spoil a tenant’s perception of a self-storage facility faster than finding an infestation of bugs or rodents in a unit. Guest blogger Jonathan Fesmire from Storagefront.com offers tips on how to protect a property against pests, wheth…
Officers Interrupt Burglary in Progress at Berkeley, CA, Self-Storage Facility
Police recently interrupted a burglary in progress at a self-storage facility in Berkeley, Calif., after noticing a suspiciously parked car in front of the property. Three people were arrested on multiple charges in connection with the break in at the …
Tennessee Self Storage Association Names 2016 Manager of the Year
The Tennessee Self Storage Association (TNSSA) has named Allen Baxter, manager of the Nolensville, Tenn., location for A+ Storage of Tennessee LLC, as its 2016 “Manager of the Year.” It’s the second consecutive year and fourth time in…
A Self-Storage Borrower’s Financial Survival Guide: Assembling a Winning Loan Request
Packaging a self-storage loan request involves several steps and a lot of preparation. Follow these guidelines to build the kind of package that wins lender approval.
Wentworth Property Co. Opens New Self-Storage Facility in Tempe, AZ
Commercial real estate firm Wentworth Property Co. LLC has opened a new self-storage facility in Tempe, Ariz. The property at 7310 S. Priest Drive will be managed by Westport Properties Inc. (WPI) and branded under WPI’s US Storage Centers operat…
Valley Storage Co. Acquires Self-Storage Facility in North Ridge, OH
Valley Storage Co., which operates 15 self-storage facilities in Maryland, Ohio, Pennsylvania, Virginia and West Virginia, has acquired Fields Store-All Ltd. in North Ridge, Ohio. The property at 34425 Lorain Road contains 269 drive-up storage units. V…
Safeguard Self Storage Opens New Facility in East Tremont Neighborhood of Bronx, NY
Safeguard Self Storage, which operates facilities throughout the eastern states, has opened a new facility in the East Tremont neighborhood of Bronx, N.Y. The property at 112 E. Tremont Ave. is six miles south of two other Safeguard sites. It com…
Self Storage Capital Partners Acquires 2 Little Rock, AR, Facilities
Self Storage Capital Partners (SSCP), a real estate investment and management company, and its affiliates have purchased two self-storage facilities in Little Rock, Ark., for $5.2 million from Little Rock Self Storage LLC. SSCP Geyer Springs Rd LLC pur…
ISS, Live Oak Bank Publish Self-Storage Lending Case Study
Inside Self-Storage (ISS) and Live Oak Bank, which includes a self-storage lending division, have released “A Path to Self-Storage Ownership: A Lending Case Study of Mike Castleman, Owner of Castlerock Interests.” The free digital publicati…