Most self-storage managers are trustworthy and would never steal from their employer, but it does happen. Consider the following guidelines to prevent and detect employee theft.
Sentry Self Storage Management Reports 2Q 2017 Financial Results
Sentry Self Storage Management, an industry management and consulting firm, has released its second-quarter 2017 operating results showing year-over-year improvement in revenue, net operating income (NOI) and occupancy. The company reported revenue gro…
West Coast Self-Storage Redevelops Beaverton, OR, Facility
West Coast Self-Storage Group, with help from its financial partner, Catalyst Storage Investors LLC, has demolished and rebuilt its facility in Beaverton, Ore. Three years in the planning, the redevelopment included the acquisition of adjacent land, th…
Inside Self-Storage Announces Winners of 2017 ‘Best of Business’ Reader-Choice Poll
Inside Self-Storage (ISS) has announced the winners of its 2017 “Best of Business” reader-choice poll, in which readers voted for their favorite industry suppliers in nearly 40 categories. Voters chose their top companies in categories such as Best Bui…
Public Storage to Raze and Rebuild Self-Storage Facility Near Nashville’s SoBro Neighborhood
Public Storage Inc., a self-storage real estate investment trust (REIT), plans to raze one of its Nashville, Tenn., locations and replace it with a six-story, 242,000-square-foot facility. Demolition of the existing structure at 800 Fifth St. in the La…
Founder of Self-Storage Data-Research Company STR Inducted Into US Travel Hall of Leaders
Randy Smith, chairman and co-founder of STR Inc., a global supplier of data and information services for the health-club, hotel and self-storage industries, will be inducted into the U.S. Travel Hall of Leaders by the U.S. Travel Association (USTA) on …
Public Storage Acquires Derby Self Storage in Holiday, FL
Public Storage Inc., a self-storage real estate investment trust (REIT), has acquired Derby Self Storage in Holiday, Fla., from Aegis Storage LLC. Built in 2004 on more than 5 acres, the property at 2262 U.S. Highway 19 comprises 64,100 net rentable sq…
Boardwalk Development Group Acquires Large Boat/RV Self-Storage Park in Canton, GA
Boardwalk Development Group LLC, a self-storage acquisition and development company, has purchased Killian’s Park N Store, a boat- and RV-storage facility in Canton, Ga. The property at 1265 Univeter Road is the largest of its kind in Cherokee Co…
Self-Storage Arsonist Returns to the Scene of the Crime in Buford, GA
A man who allegedly set fire to two vehicles at Buford Superior Self Storage in Georgia earlier this month was arrested shortly after he returned to the scene of the crime. Nicholas Minardi, 21, visited the facility at 1600 French Blvd. the day followi…
UK Self-Storage Operator Lok’nStore to Develop 4 New Facilities in England
Update 8/7/17 – Lok’nStore has added two more self-storage development projects to its pipeline. A proposal submitted in Bedford, England, would build a wholly owned location, while the project planned for Dover, England, would only be managed by…