Extra Space Storage Inc., a self-storage real estate investment trust (REIT) and third-party management firm, has purchased Lock-It Lockers in San Diego for $15.4 million. The property at 1560 Frazee Road has been rebranded under the company name.
Video Marketing: The Interactive, Visual Way to Attract Self-Storage Customers
If you’re not incorporating video into your self-storage marketing strategy, you could be losing lots of potential leads. Here are some tips for optimizing your video content and positioning your business to rank higher in online searches.
U-Haul to Convert Dayton, OH, Building to Self-Storage
Phoenix-based U-Haul International Inc., which operates nearly 1,000 self-storage locations across North America, plans to convert a Dayton, Ohio, office building to self-storage. The purchase of the property at 360 S. Main St. is expected to close on …
Cutting Down on Self-Storage Tenant Delinquencies
Not all self-storage customers will pay their rent in a timely fashion, but facility managers can cut down on delinquencies by offering tenant payment and reminder options during the initial rental paperwork.
Amsdell Cos./Compass Self Storage Opens New Facility in Sewickley, PA
Compass Self Storage, a member of the Amsdell family of companies, has opened a new facility in Sewickley, Pa. It’s the company’s second location in the Greater Pittsburgh market, according to a press release. The development was backed by …
The Psychology of Real Estate: Using Psychographic Data to Find a Great Self-Storage Location
Figuring out if a plot of land will work well for self-storage is an inexact science, but there are data tools that can help determine if a property is financially viable based on local customer attitudes, aspirations and other psychological criteria. …
Addressing Common Concerns About Online Self-Storage Auctions
With change often come concerns, and the switch from traditional, live self-storage auctions to online is no different. Because much of the process is taken out your hands by the online-auction provider, some facility operators have understandable appr…
Bell Self Storage Group Gets Approval for Proposed Development in Scottsdale, AZ
Update 11/13/17 – Bell Self Storage Group received approval from the Scottsdale Planning Commission to build its two-story project in Scottsdale, Ariz. The 4-3 vote on Nov. 8 came after the developers agreed to a reduce the facility’s heigh…
Residents, Councilmember Oppose Self-Storage Project in Albuquerque, NM
A self-storage facility that’s already under construction in Albuquerque, N.M., is now facing opposition from several residents and a city councilmember. The four-story building at 4100 Central S.E. in the Nob Hill neighborhood is on the former s…
A Customized Business Model in Colombia: Bodehogar Storage
A Colombian self-storage operator is following the U.S. business model but customizing it to fit consumer preferences. Learn how this approach has allowed Bodehogar Storage to grow to five facilities.