Master These Twitter Dos and Don’ts to Benefit Your Self Storage Business

Via As a microblogging social media service, Twitter averaged 300 million active users in 2016. While it may seem simple to send and read 140-character tweets as a way to connect with current and prospective customers, leveraging the platform effectively for your self-storage business requires understanding some basic do’s and don’ts. You can say a lot with just a …

Compass Self Storage Makes Ninth Acquisition Since Start of 2017

Compass Self Storage, a member  of the Amsdell family of companies, proudly announces the acquisition of a self storage center located at 9696 Virginia Parkwayin McKinney, TX. With the addition of this property, Compass Self Storage has six locations in the Greater Dallas/Ft. Worth market. This transaction marks the company’s ninth acquisition since January 1, […] The post Compass Self …

West Loop Self-Storage Assets Trade for $14M

The sale of the buildings, totaling 60,000 square feet, was mediated by SVN Chicago Commercial. Extra Space Storage occupies all three structures. SVN Chicago Commercial brokered the sale of three buildings in Chicago’s West Loop. The properties totaling 60,000 square feet traded for $13.5 million. Chad Schroedl, Drew Dillon and Scott Maesel of SVN arranged the deal. Read More>>Real Estate …

Strategic Storage Growth Trust, Inc. Acquires Self-Storage Portfolio

Strategic Storage Growth Trust, Inc. (“SSGT”), a public non-traded real estate investment trust sponsored by SmartStop Asset Management, LLC, announced today its acquisition of an 850-unit self-storage portfolio in Asheville, North Carolina for $10.25 million. The portfolio includes: 197 Deaverview Road, a 370-unit self-storage facility equipped with drive-up entrances, interior climate control, a gated fence […] Read More>>

Sentry Self Storage Management Reports 1Q 2017 Financial Results

Sentry Self Storage Management, an industry management and consulting firm, has released its first-quarter 2017 operating results showing year-over-year improvement in revenue, net operating income (NOI) and occupancy. The company reported revenue growth of 7.1 percent and a 1.3 percent increase in property expenses, which resulted in a 9.1 Read More>>Inside Self Storage

OpenTech Signs Exclusive Agreement to Sell and Support Self-Storage Robot Keylo in North America

OpenTech Alliance Inc., a Phoenix-based provider of self-storage kiosks, call-center services and other technology, has signed an exclusive distribution agreement with France-based robotics-engineering company Wyca SAS to sell and support its Keylo robot in North America. The robot is designed to assist self-storage customers in renting units, Read More>>Inside Self Storage

Driving Self-Storage Revenue With Truck Rental

Truck rentals are an excellent service self-storage operators can offer to generate additional revenue. Here’s a look at some simple and unique ways to expand this program into a superior profit center. Read More>>Inside Self Storage

Jernigan Capital Pumps $21M in 2 Self-Storage Projects

The two prospective multi-story climate-controlled facilities total 1,625 units and are located in Atlanta and Largo, Fla. Jernigan Capital Inc. has invested $20.6 million in two planned self-storage developments. The two proposed multi-story climate-controlled facilities will be located in Atlanta and Largo, Fla. Read More>>Real Estate News

Record Leasing Numbers at N.C. Self-Storage Facility

10 Federal, a company that acquires, develops, constructs and manages multifamily and self-storage properties in North Carolina, recently announced that its recently opened, fully automated self-storage facility at 3802 Angier Ave. in Durham, N.C., leased a record 77 units in a single month. The firm’s 2542 South Alston Ave. facility held the previous record with 48 leases in May 2016. …

Self-Storage REITs Release Financial Results for First-Quarter 2017

The five largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Life Storage Inc., National Storage Affiliates Trust and Public Storage Inc.—have released financial statements for the quarter that ended March 31, 2017. In general, all five entities showed gains in key Read More>>Inside Self Storage

A New View of Self-Storage Expense Management

If you’ve been managing a self-storage facility for a while, you know things can always go wrong; and those things can cost your business time and money. Here’s a new way to look at the issue of expense management. Read More>>Inside Self Storage