When Blair and Timarie Thompson decided to build a business on their 5-acre parcel of land in Lewes, Del., they suspected self-storage was the right fit; but being first-time property developers, there was a lot they didn’t know. This article out…
Be a Self-Storage Sentinel: Watching Out for Cats, Kids and Other Things That Don’t Belong in Storage Units
A self-storage operator’s job involves much more than just renting units and collecting payments. Owners and managers also need to their property’s sentinel, and be aware of the items stored behind those unit doors. Here a few pointers for being a good…
Bakery Square Self Storage Buys Warehouse for Conversion Project in Pittsburgh
Bakery Square Self Storage LLC has purchased a former Salvation Army warehouse in Pittsburgh for $1.275 million, which it plans to convert to a self-storage facility. The 90,000-square-foot building had a list price of $1.3 million, according to the so…
Gibbs Street Self Storage Conversion Project in Rochester, NY, Receives Tax Exemptions
A self-storage development project in Rochester, N.Y., has received mortgage- and sales-tax exemptions from the County of Monroe Industrial Development Agency (COMIDA). The $750,000 conversion is spearheaded by C&P Equities LLC, which will lease th…
All Brands Vending Resources Releases ‘Storage Supply Depot’ for Self-Storage Operations
Vending-machine manufacturer All Brands Vending Resources Inc. has released the “Storage Supply Depot,” a vending machine designed to sell packing supplies and other retail products to self-storage customers. The machine is constructed to w…
Owner of Knapp Sisters Self Storage in Texas Recognized by ‘Strathmore’s Who’s Who’
Update 8/19/15 – Darcy L. Knapp-Fricks has been recognized by “Strathmore’s Who’s Who Worldwide” as a “Top Executive and VIP” for her contributions and achievements in self-storage, agriculture, investments and…
A-1 Self Storage Acquires AAA Storage South Lamar in Austin, TX
A-1 Self Storage, which operates 48 facilities in California, has acquired its first Texas property in an off-market transaction. AAA Storage South Lamar at 1710 S. Lamar Blvd. in Austin, Texas, was developed in 1975. The 26,74- square-foot facility fe…
Midtown Vault Storage Expands Solar-Panel Use on Memphis, TN, Self-Storage Facility
Midtown Vault Storage, a self-storage facility in Memphis, Tenn., is expanding the number of solar panels on its rooftop. The new system will cover nearly all of the building’s 12,500-square-foot roof. It’ll be installed by LightWave Solar,…
7 Pointers for Hiring a Self-Storage Auctioneer
Self-storage owners have enough to worry about when it comes to lien sales. Follow these seven pointers to find the right professional to conduct your next storage auction.
Real Estate Roundup: Self-Storage Transactions August 2015
Self-storage properties are constantly changed hands, and Inside Self-Storage is regularly notified of these market transactions. Many are covered in detail on the ISS website and available for viewing on the “Real Estate” topics page. Foll…