Tuxis Corp., which operates self-storage facilities in Connecticut and New York, reported its financial results for the first quarter ended March 31. The company recorded a net loss of $71,969, or $0.06 per share, for the quarter, compared to a net los…
UK Self-Storage Operator Safestore Releases Financial Results for First 6 Months of Fiscal 2015
U.K. self-storage operator Safestore Holdings PLC has released its financial statement for the first six months of its 2015 fiscal year, which ended April 30. The report indicates Safestore experienced growth in revenue, rental rates and occupancy at i…
Storing Boats, RVs and Other Vehicles: Legal Considerations for Self-Storage Operators
Operating a facility that provides storage for boats, RVs and other vehicles comes with unique requirements and challenges. Industry attorney Scott Zucker offers insight to the legal aspects the business, including zoning restrictions, rental agreement…
Storing Boats, RVs and Other Vehicles: Legal Considerations for Self-Storage Operators
Operating a facility that provides storage for boats, RVs and other vehicles comes with unique requirements and challenges. Industry attorney Scott Zucker offers insight to the legal aspects the business, including zoning restrictions, rental agreement…
SBA Lending: A Primer for Self-Storage Borrowers
The Small Business Association offers lending programs that are often misunderstood by self-storage owners and investors. Here’s a closer look at SBA loans, including some of the advantages they provide and tips for securing financing.
SBA Lending: A Primer for Self-Storage Borrowers
The Small Business Association offers lending programs that are often misunderstood by self-storage owners and investors. Here’s a closer look at SBA loans, including some of the advantages they provide and tips for securing financing.
Council Denies Rezoning for Assured Self Storage Development in Mesquite City, TX
A proposal to build a new Assured Self Storage facility in Mesquite City, Texas, was shot down on June 15 by city council members after residents objected to the project. The Assured Group, which operates four facilities in the state, sought rezoning t…
CBRE Report Examines Asia Self-Storage Market
CBRE Global Research, a division of real estate services company CBRE Inc., has published a report examining the Asia self-storage market. Titled “Demographic Changes Drive Demand for Self-Storage Space in Asia,” the 22-page report provides…
Amsdell Cos./Compass Self Storage Acquires Facility in Manville, NJ
Compass Self Storage LLC, a member of the Amsdell family of companies, has purchased a self-storage facility in Manville, N.J., its fourth location in the state. The property was purchased by separate affiliates of Amsdell Group LLC and Compass Self St…