With self-storage now being the “golden child” of niche real estate, it’s critical for owners to understand the market dynamics that affect the value of their investments. Here are four key strategies to help you preserve facility val…
Self-Storage REITs Release Financial Results for Third-Quarter 2016
The four largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Life Storage Inc. and Public Storage Inc.—have released financial statements for the quarter that ended Sep…
Colliers International Report: Latin America Self-Storage Survey 2016
Colliers International Group Inc. has released the findings from its first survey of Latin American self-storage operators. The report examines market drivers in the region, occupancy and rental rates, and operator expansion.
Real Estate Firm Wentworth Property to Convert 2 California Warehouses to Self-Storage
Commercial real estate firm Wentworth Property Co. LLC has acquired two industrial properties in Chula Vista, Calif., and San Diego, for $27.8 million with the intent to convert them to self-storage. The facilities are expected to open next year, accor…
Self-Storage Managers Can Positively Impact Customer Lives Through Empathy
Customers often turn to self-storage because they are going through a major life event, such as death, divorce or moving. Guest blogger Stephanie Tharpe of A+ Storage of Tennessee, demonstrates how showing kindness and empathy can make a positive impac…
Research Corridor Releases Report on Self-Storage Software Market
Market-research firm Research Corridor has released a report titled “Self Storage Software Market – Growth, Share, Opportunities, Competitive Analysis and Forecast, 2015-2022.” The report examines the competitive landscape, geographic…
Self-Storage REIT National Storage Affiliates Trust Releases 3Q 2016 Financial Results
National Storage Affiliates Trust (NSAT), a Maryland real estate investment trust (REIT) specializing in self-storage, has released its financial statement for the quarter that ended Sept. 30, 2016, showing gains in key areas including core funds from …
Valley Storage Buys 2-Property Self-Storage Portfolio in Ohio for $7.3M
Valley Storage Co., which operates 15 self-storage facilities in Maryland, Ohio, Pennsylvania, Virginia and West Virginia, has purchased the two-property A-1 Store It All portfolio in Akron and North Canton, Ohio, for $7.3 million, or $44.25 per net re…
Preparing Your Self-Storage Property for a Life-Changing Event: The Sale
Now’s a great time to sell your self-storage property. If you’re interested in doing so, here are some tips on preparing for this life-changing event.
Preparing Your Self-Storage Property for a Life-Changing Event: The Sale
Now’s a great time to sell your self-storage property. If you’re interested in doing so, here are some tips on preparing for this life-changing event.