Next Door Self Storage President Phil Murphy received approval this week for a mixed-use development he intends to build in Plainfield, Ill. The asset will be called the Crossroads Business Center and is expected to include a storage facility and a 60-…
Peer-to-Peer Self-Storage Marketplace ‘Neiybor’ Launches in Utah
Neiybor Inc., a Provo, Utah-based startup, has launched a peer-to-peer marketplace for self-storage and parking services in Utah and Salt Lake Counties. Similar to other shared-economy networks, the company provides an online platform where people in n…
5 Ways to Keep Tenants From Leaving Your Self-Storage Facility
Experiencing an excessive number of move-outs? Guest blogger Matt Casady of STOR-N-LOCK Self Storage offers five tips to improve customer retention and convince current tenants to extend their stay.
Crash Causes Bus to Slam Into Parked Vehicles at Arapahoe Self Storage in Boulder, CO
A collision with another vehicle this morning caused a bus to crash through a fence and into several parked tractor-trailers and at least one car at Arapahoe Self Storage in Boulder, Colo. Fourteen people were evaluated by medical responders following …
Dymon Storage Gets Approval to Convert Former Target Store to Self-Storage in Oshawa, Ontario, Canada
Canadian self-storage operator Dymon Storage Corp. receive approval to convert a former Target store in Oshawa, Ontario, Canada, to a mixed-use property that will include self-storage and retail space.
From the 2017 ISS Expo: Live Oak Bank General Manager Discusses Self-Storage Lending Environment
In this video, filmed at the 2017 Inside Self-Storage World Expo, Terry Campbell, general manager for the self-storage lending division of Live Oak Bank, talks about the current industry lending environment. He also discusses Small Business Administrat…
U-Haul Converts Former Tyson Plant to Self-Storage in Buffalo, NY
Phoenix-based U-Haul International Inc., which operates more than 1,300 self-storage locations across North America, is converting a former Tyson cold-storage and meat-processing plant in Buffalo, N.Y., to self-storage. Once complete, it’ll be th…
Altis Cardinal Builds 4-Story Self-Storage Facility on Site of Mosley Motel in St. Petersburg, FL
Real estate firm Altis Cardinal LLC is developing a four-story, mixed-use building that will include self-storage and retail space on the former site of the Mosley Motel in St. Petersburg, Fla. A ground-breaking was held last week for the project at 40…
Investing in Underperforming Self-Storage Properties: Finding Your ‘Diamond in the Rough’
One path to self-storage ownership for new investors is the purchase of an underperforming property that can be turned around to realize great profit. Follow these guidelines to find your “diamond in the rough.”
Breezy Hill Self Storage Opens in Graniteville, SC
Update 11/10/17 – Breezy Hill Self Storage opened its doors on Nov. 1 in Graniteville, S.C. The property at 200 Bettis Academy Road comprises 87,000 square feet of storage space in 550 units, half of which will be climate-controlled. It also cont…