Mequity LLC, an Atlanta-based real estate development and investment firm focused on self-storage, and Jernigan Capital Inc., a merchant bank and advisory firm serving the same industry, intend to develop a 96,295-square-foot, 1,152-unit self-stor…
Madison Development Enters Solar Rooftop Agreement for Bronx, NY, Self-Storage Facility
Madison Development LLC, a Manhattan, N.Y.-based self-storage developer, has entered a 25-year lease agreement with renewable-energy company Altus Power America to add solar panels to its property in Bronx, N.Y. The community solar-panel system will be…
Strategic Storage Trust IV Acquires Texas City, TX, Self-Storage Facility
Strategic Storage Trust IV Inc. (SST IV), a public, non-traded, real estate investment trust sponsored by SmartStop Asset Management LLC, has purchased a self-storage facility in Texas City, Texas. Best Storage at 3730 Emmett F. Lowry Expressway compri…
Maximizing Self-Storage Land Use: Leveraging Zoning Allowances and Restrictions
There are many ways to maximize land use for a self-storage project, but a thorough understanding of zoning restrictions and how to leverage allowances is essential to getting the most out of a parcel.
3 Common Goals for Your Self-Storage Operation’s Social Media Marketing
Setting goals for your social media program will give you guideposts for the types of content you post, the platforms you use and the frequency of postings required. Here are three common objectives that will work for most any self-storage business.
Big Yellow Self Storage Announces Results for 6 Months Ended Sept. 30, Increases Occupancy Goals
U.K. self-storage operator Big Yellow Group PLC released financial operating-performance results for the first six months of its 2017 fiscal year, which ended Sept. 30. The company reported same-store revenue of £57.1 million for the period, up 6…
Montreal Mini-Storage Group Acquires 2 Canadian Self-Storage Facilities
Montreal Mini-Storage Group has purchased a two-property self-storage portfolio in Montreal, Quebec, Canada, from Dalfen American Corp., a real estate investment manager focused on industrial properties in Canada and the United States. Together, the si…
ISS News Desk: Self-Storage Operators Launch Music-Themed Contests
Two large self-storage companies recently launched music-themed contests and giveaways to encourage creativity and brand loyalty. StorageMart is sponsoring the Rockin’ With StorageMart giveaway, while self-storage real estate investment trust Public St…
Unparalleled Momentum Pushes Self-Storage Real Estate Into Uncharted Territory
Over the last three years, the self-storage real estate market has been the strongest in industry history. Positive energy and performance have pushed us toward uncharted territory. Here are some trends that will continue to fuel that growth.
After the Fatal Fire: The Asian Self-Storage Community Looks Forward to Improvement and Growth
A year after a fatal fire at a facility in Hong Kong, the Asia self-storage industry is starting over. Despite the challenges, operators and investors are optimistic about growth and the opportunity to build a safe and sustainable business platform.