Strategic Storage Growth Trust Inc. (SSGT), a public, non-traded real estate investment trust (REIT) focused on self-storage acquisition and development, has released its financial statement for the quarter that ended Sept. 30, 2016. During the third q…
Self-Storage Companies Launch 2016 Holiday Charity Drives
Self-storage operators around the world have launched drives to collect clothing, food, toys and more for various charitable organizations this holiday season. Here’s a summary of how they’re giving back to their communities so far in fall/…
Understanding the Self-Storage Lending Market: Obtaining a Mortgage, Locking In Rates and More
Current interest rates for self-storage loans are at historic lows, so it may be worthwhile for investors and owners to explore their lending options. Here’s insight to obtaining a mortgage, locking in rates and more.
Environmental Issues Dash Plans for Advantage Development Group Self-Storage Project in Westville, CT
Update 11/16/16 – Advantage has pulled out of negotiations to purchase the formal Aerial Map factory, ending its bid to develop self-storage at the site. The company walked away from the deal after a phase-three environmental study revealed previ…
Con Artist Fleeces Self-Storage Facilities, Customers Out of £250K Before Fleeing to South America
The owner of a former Hilton, England, self-storage business has been sentenced to three years and 10 months in jail for defrauding more than £250,000 from businesses and individuals. Marcus Elliot, 26, was a partner in Hilton Self-Storage Ltd. a…
Pruitt Development Self-Storage Project Receives Special-Use Permit in Troutman, NC
Update 3/13/17 – The Troutman Town Council voted last week to rezone the 11-acre parcel it will annex at 111 Westmoreland Road. The 3-2 decision will enable Landmark Self Storage to pursue a new facility with a special-use permit, according to th…
Self-Storage Burglary Thwarted by Police-Dog Training in Lake Mary, FL
A burglary at a self-storage facility in Lake Mary, Fla., was thwarted early Friday morning when police-canine units arrived at the property to conduct training exercises. Two men, one of them masked, were using bolt-cutters to break into storage units…
Inside Self-Storage Top Operators List 2016
Features data on 100 of the industry’s largest players. Ideal for self-storage investors, developers, owners and suppliers.
Self-Storage Manager Compensation: No One-Size-Fits-All Approach
There’s no one-size-fits-all approach when it comes to creating an attractive and fair compensation package for self-storage managers. Here are factors to consider as you build a program that’s right for your business.
Design Considerations for Multi-Story Self-Storage Projects
In the self-storage industry, multi-story, climate-controlled facilities have become commonplace as developers continue pursuing sites in urban cores and other high-density business and housing centers. Here are a few design considerations that may hel…