It’s said that necessity is the mother of...
As businesses suffer, including self-storage operations, there are some inevitable questions that apply to managing staff, especially those that...
According to the U.S. Bureau of Labor Statistics, the unemployment rate fell from 3.8 percent in March 2019 to 3.6 percent in April—the lowest...
You might be thinking, “How are self-storage renovations the same as other business renovations? They are completely different industries.” Although...
I’m talking about our telephone and walk-in greeting process and the questions and command of the situation that determine how things will proceed....
In March, no one could have predicted that COVID-19 would be an ongoing issue and topic of discussion in November. Even though we are growing more...
The pandemic brought changes to the way most companies do business, and the self-storage industry is no exception. One challenge to be addressed was...
Baja Carports Baja Constructions’ in-house design engineers and project managers place emphasis on the proposed site’s layout first; “fact-checking”...
As a new developer, Erik Henson, owner of SmarterSpace Storage Archer Road, took a wise approach and sought out vendors with proven success in the...
XYZ Storage wants to make life for its customers “as easy as XYZ,” and it has embodied that philosophy with its newest storage facility, XYZ Storage...
The year is 1984. Macintosh aired its iconic “1984” ad, “Purple Rain” is a splash at the box office, and a new mini-storage facility in Pontiac,...
It’s not always easy to find that “sweet spot” in a secondary market—a location where the population density is strong, the median income is high,...
James Reid has an ambitious goal for StorCo Storage, a company he founded in 2015. He envisions expanding StorCo into a nationwide company through...
When the owners of Brickhouse Self Storage began envisioning their dream, they didn’t have a cookie-cutter facility in mind; they had a dream of...
As of Jan. 1, 2020, there are 11 states (and the District of Columbia) that have legalized the recreational use of marijuana. Those states are...
Owners and operators who were part of the first- and second-generation wave of self-storage may have lived by the “build it and they will come”...
It is inevitable that disputes will occur between self-storage tenants and facility operators. Those disputes can range from alleged property loss...
‘Tis the season to be jolly, but if you’re not effectively marketing during this historical slower season you might find a lump of coal in your...
From vacant big box buildings and urban infill locations to parcels in secondary markets or municipalities with high barriers to entry, there is no...
Although there is still plenty of capital and investors for new self-storage development, as well as demand for additional supply across the...
Editor’s Note: This story was written prior to the coronavirus pandemic challenges. The sidebar in blue at the end of this article was added...
Self-storage facility operators have a long to-do list to keep up with, including facility maintenance and upgrades, safety and security,...
As we move into the fifth month of the pandemic, there remain conflicting signs of our future. Infections are rising, and deaths are mounting while...
Cooler temperatures have arrived in many parts of the country. Before we know it, we’ll be ushering out 2020 (many say, “Good riddance!”) and...
Higher property tax bills can deliver a body block to self-storage facility owners’ budgets and business models, and the appeal process can be...
Automated technology is supposed to make our lives less complicated and it has in many ways. It has done wonders for many industries, including...
The self-storage industry has not gone through the COVID-19 crisis unscathed, especially in regions where moratoriums on lien sales have prevented...
2020 has ushered in a dramatically different landscape for not only the self-storage industry but the entire economy as well. As brokers, we may...
Editor’s Note: This story was written prior to the corona pandemic challenges. Raising rents. Just those two words can strike fear into many...
What makes a storage facility smart? Twenty years ago, you might have said naming it AAA Storage to be first in your local yellow pages. Now, you...
By J. Ashley Oblinger, Esq.Associate Attorney Over the last few months, we have all experienced many changes to our daily activities, from...
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