While nearly all businesses in the vicinity of Market Street and Van Ness Avenue in San Francisco have sold their property to make way for hundreds of housing units desired by city planners, self-storage real estate investment trust (REIT) Public Stora…
Prime Group Holdings Seeks $100M in Equity Funding to Expand Self-Storage Portfolio
Prime Group Holdings, a New York-based real estate group that owns self-storage and other commercial and residential property, is seeking $100 million through a private-equity fund, which it intends to use to acquire additional self-storage assets, acc…
Self-Storage Operator Derrel’s Mini Storage Offers Land for Fresno County, CA, Animal Shelter
Update 4/14/16 – Self-storage owner Derrel Ridenour of Derrel’s Mini Storage has added a $3 million cash donation to his 4-acre land offer to help Fresno County build a new animal shelter. While the board of supervisors this week appeared w…
A Plus Storage of Tennessee Appoints New Senior VP of Self-Storage Operations
A Plus Storage of Tennessee LLC, which operates seven self-storage facilities in Tennessee, has appointed Stephanie Tharpe as its new senior vice president of operations, effective immediately. It’s a newly created positon for the company.
Self Storage Group to Present at Liolios Investor Conference in San Francisco
Self Storage Group Inc. (SSG), non-diversified, closed-end, investment-management firm whose common stock is traded over the counter under the ticker symbol “SELF,” will present at the fourth annual Gateway Conference presented by Liolios G…
Live From the 2015 ISS Expo: Stephanie Tharpe Discusses Self-Storage Manager Compensation and Incentives
In this video, filmed at the 2015 Inside Self-Storage World Expo, Stephanie Tharpe, vice president of operations and marketing for A+ Management Group LLC, talks about manager compensation. She discusses how pay differs between resident managers and th…
Value Store It Builds Self-Storage Facility in Miami’s Little Havana
Value Store It Inc., which operates 14 properties on the East Coast under the Value Store It Self Storage brand, has begun construction on a new facility in the Little Havana neighborhood of Miami. The property at 3141, 3151 and 3161 S.W. 8th St. will …
Value Store It Builds Self-Storage Facility in Miami’s Little Havana
Update 12/14/17 – Value Store It hosted a community event last month to celebrate the grand opening of its six-story self-storage facility in Little Havana. The gathering included a ribbon-cutting ceremony, a food buffet and live music. Attendees…
SmartStop Self Storage Reports 2Q 2015 Financial Results
SmartStop Self Storage Inc., which operates 169 facilities in 21 states and Canada, has released its financial statement for the quarter that ended June 30, 2015. During the second quarter, the company increased same-store revenue 7.5 percent and net o…
Self-Storage REITs Declare Third-Quarter 2015 Stock Dividends
The four publicly traded U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Public Storage Inc. and Sovran Self Storage Inc.—have declared dividends for the third quarter of 2015.