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Category Archives: Self Storage

Self-Storage REIT Strategic Storage Growth Trust Reports 3Q 2017 Results

Strategic Storage Growth Trust Inc. (SSGT), a public, non-traded, self-storage real estate investment trust (REIT) sponsored by SmartStop Asset Management LLC, has released its financial statement for the quarter that ended Sept. 30. In general, the co…

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Rent A Space Invests £250K to Expand Netherton, England, Self-Storage Facility

Rent A Space, an England-based self-storage operator that specializes in leasing flexible workspace and office space, is investing £250,000 to add 25,000 square feet of rentable space to its facility in Netherton, England. The mezzanine addition …

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Former Prime Storage VP Launches New Self-Storage Consulting Firm

Cindy Ashby, the former vice president of operations for Prime Storage Group, which owns 175 self-storage facilities in more than 20 states, has launched a new consulting firm. Dynamic Self Storage Solutions is designed to fill the growing demand for h…

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Assured Self Storage to Build New Facility in Phoenix

VLC Enterprises LLC has purchased 4.15 acres in Phoenix to develop a $7.5 million Assured Self Storage facility. The property on the southwest corner of 48th Street and Baseline Road is in the Pointe South Mountain Business Park. Once complete, it&rsqu…

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Self-Storage Break-Ins: Handling Tenant Backlash and Recovering Your Reputation

The fallout from a crime can damage your self-storage business reputation, resulting in lower occupancy and lost revenue. Learn how to handle tenant backlash after a facility break-in and what you can do to counteract any resulting negative press.

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Self-Storage REIT Public Storage Launches ‘Holiday Stories’ Video Contest

Update 12/13/17 – Public Storage has announced the finalists in its “Holiday Stories” video contest, with winners set to be declared this week based on viewing totals through Dec. 12. The company chose three consumer and two employee …

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StoreLocal Partners With storEDGE to Offer Self-Storage Software to Members

StoreLocal, a cooperative created by independent self-storage operators to offer member benefits with economies of scale, has partnered with storEDGE to offer management software to its members. The storEDGE API (application program interface) will all…

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Self-Storage Owner, Arkansas State Senator Dies After Battle With Cancer

Greg Standridge, an Arkansas state senator and self-storage owner, died Nov. 16 after a battle with cancer. Standridge was a Russellville, Ark., native who owned Access Mini Storage and co-owned Coffman Standridge Inc. insurance agency in his hometown….

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Amsdell Cos./Compass Acquires Safe & Secure Self Storage in Fort Worth, TX

Compass Self Storage, a member of the Amsdell family of companies, has acquired Safe & Secure Self Storage in Ft. Worth, Texas. It’s the company’s seventh location in the Dallas/Fort Worth market, according to a press release. The site …

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Live Oak Releases Financing ‘Knowledge Bank’ for Self-Storage Operators

Live Oak Bank, which includes a self-storage lending division, has launched an online “Knowledge Bank” to supply general finance information for industry operators. Accessible from the self-storage page of the company’s website, the r…

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