The Inside Self-Storage (ISS) Store, an e-commerce website providing research and education products for industry professionals, is now selling a new book that examines self-storage facility valuation. Written by valuation experts Michelle Gigowski and…
Self-Storage REITs Release Financial Results for Fourth-Quarter 2016
Update 2/28/17 – National Storage Affiliates Trust (NSAT), a Maryland REIT specializing in self-storage, has released its financial statement for the quarter that ended Dec. 31, 2016, showing gains in key areas including core FFO, NOI and occupan…
Real Estate Roundup: Self-Storage Transactions February 2017
Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Many are covered in detail on the ISS website and available for viewing on the “Real Estate” topics page. Fol…
Buying Self-Storage Facilities: 10 Questions to Answer During Due Diligence
This slideshow examines 10 important questions every self-storage buyer should answer during due diligence. It identifies key areas of concern to help you through the vetting process, including time considerations, the legalities of ownership, access t…
Lock-It-Up Self-Storage Expands and Renovates Bowling Green, OH, Facility
Lock-It-Up LLC, which operates 16 self-storage facilities in Michigan and Ohio, is near completion on a $700,000 expansion and renovation of its property in Bowling Green, Ohio. The company plans to embark on a similar project this spring at its facili…
Houle Properties Proposes Self-Storage for St. Albert, Alberta, Canada
Real estate developer Houle Properties Inc. intends to build a self-storage facility and other commercial businesses at 23 Bellerose Drive in St. Albert, Alberta, Canada. The company plans to begin construction this fall on indoor and outdoor self-stor…
Mother/Son Self-Storage Team Opens River City Storage in Mason City, IA
Julie Reindl and her son, Matthew Reindl, recently opened a new self-storage facility in Mason City, Iowa. They’re planning to host a grand-opening celebration for River City Storage at 785 15th St. S.W. this spring. The event will include food a…
Developer Breaks Ground on Miami Airport Center Self Storage in Miami, FL
A self-storage development partnership has broken ground on a new facility at N.W. 25th Street and Palmetto Expressway in Miami. The 280,000-square-foot project is being built by Benjamin Macfarland, CEO of self-storage operator Elite Stor Capital Part…
West Coast Self-Storage Group Opens New Facility in Auburn, WA
West Coast Self-Storage Group and a company doing business as WCSS Lakeland Hills A St Storage LLC will open a new self-storage facility in Auburn, Wash., next month. The property at 4424 A St. S.E. is just south of the intersection with Ellingson Road…
80-Year-Old Self-Storage Manager Turns Over the Reins to 64-Year-Old Successor
The 80-year-old manager of the U Hold The Key Self Storage in Newcastle, England, is retiring and handing over the reins to his 64-year-old successor. Peter Robson has been employed by the facility, which is owned by the Parsons Containers Ltd., since …