• September 29, 2023

10 Aug, 2023

Managing Mixed Use Commercial Property | MSM

Over my 46-year property management career I have managed everything from apartments to large 400,000 sq ft warehouses and lots of self storage properties. Some of those storage properties included ancillary real estate / businesses such as small retail...

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27 Jul, 2023

Considerations for Successful Self Storage Conversions

When considering a self storage conversion, it’s important to understand the most essential factors that either make or break the project. These factors include building requirements, market demand and financial feasibility. In this article, we will...

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27 Apr, 2023

How to Build a Class A Storage Facility | Mini-Storage Messenger

Self-storage has evolved over the last 40-plus years. In bygone days, developers had a relatively easy time locating a site and building what was essentially rows of garage-type units. Today, it takes tenacity, capital, and sometimes sheer will to...

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28 Feb, 2023

Reasons To Renovate: When A Facility Rehab Makes Sense

The self-storage developers of a few decades ago would have been awed by today’s new facilities. The sophistication of our technology, state-of-the-art security, levels of automation, and sheer aesthetics of some properties would have seemed...

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27 Dec, 2022

The Last Word: Wrenches In Construction

If you are a business owner exhausted of renting commercial real estate and considering purchasing versus renewing your lease agreement that increased substantially, you’re in for a rude awakening. The commercial real estate market has been dominated by...

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15 Nov, 2022

Conscientious Conversions: Revitalizing The Past With Adaptive Reuse

Growth in a community is great; it means more jobs, a growing population, new and fun restaurants, and other such improvements that come with a growing economy. But growth often comes at the expense of history, wiping away the past to make room for the...

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31 May, 2022

Pricing Pains: Construction Costs Cause Concern

Widespread market volatility from the COVID-19 pandemic’s ongoing supply chain disruptions, the Russia-Ukraine war, and inflation are causing unwelcome ripples through much of the world.

The resulting increased costs for oil and all products derived...

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24 May, 2022

Kings Of Steel: Mako-Rabco Merger Brings Expertise Nationwide

A few decades ago, a handful of ambitious 20-somethings working in the light-steel construction industry had a similar vision. Though 2,400 miles apart, both groups saw promise in the fledgling self-storage industry. These startups would both grow to be...

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24 May, 2022

Construction Financing Still Strong

Unsettled world events may have an affect later in year

The self-storage industry has been experiencing a financing windfall for several years and most industry experts say it is still going strong.

However, with continuing rise in inflation, gasoline...

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4 Apr, 2022

A Narrowing Pipeline: The Outlook On New Development For 2022 And Beyond

Moderation is the key word for self-storage development in 2022. After peaking in 2018 and 2019, the growth in self-storage inventory has dropped closer to the long-term average and will continue to decelerate – albeit slightly – in 2022 and beyond,...

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29 Mar, 2022

Let’s Talk Rooftops: Is It Time To Replace Or Restore Your Roof?

There is an argument to be made that a functioning roof is the single most important aspect of any facility. Water intrusion goes far beyond the leak itself. Insulation becomes compromised, while ceilings and drywall can be ruined, and this is before...

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8 Oct, 2021

Look Who’s Talking: Rachel Parham, President of Noah’s Ark Development

Heading into the fourth quarter, it’s safe to say that 2021 has been a fairly profitable year for the self-storage industry. Rental rates at facilities across the country have rebounded, investment capital is plentiful, and new development is on the...

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4 May, 2021

Recipe For Disaster: Extreme Weather, COVID-19, And Rising Construction Costs

Natural disasters, COVID-19, and rising construction costs are proving to be the perfect storm, frustrating owners of new self-storage facilities under construction and those trying to rebuild their businesses following a season of disastrous storms and...

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19 Mar, 2021

Post-Pandemic Deals: Performing Due Diligence in Trying Times

For the self-storage industry, 2020 was an outstanding year with an unprecedented amount of new capital entering the sector. Some of this can be attributed to rising demand for storage as people facing a pandemic adjusted their living situations. Also...

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8 Mar, 2021

Modern Money Maker: A Self-Storage Renovations Case Study

Self-storage as we know it today has been around for more than half a century. While we’ve seen new facilities multiplying in record numbers over the last couple of decades, the market remains filled with aging facilities in need of a facelift in order...

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4 Feb, 2021

Designs Of The Day: Will The Changing Economy Impact Self-Storage Architecture?

Recent architectural trends in self-storage appear likely to continue in 2021, some industry experts say.

These trends include contemporary exterior designs that meet municipalities’ growing demands that new projects fit with surrounding architecture...

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26 Jan, 2021

Staying Power: Thirty-Five Years Of Capco

“From humble beginnings come great things” is a saying that isn’t attributed to anyone in particular, but it is definitely fitting as the motto for this story.  

On Sept. 17, 1985, Charles Plunkett founded Capco Steel, Inc., at the age of 25. Thirty-five...

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19 Jan, 2021

Self-Storage Renovations: What Other Industries Have Taught Us

You might be thinking, “How are self-storage renovations the same as other business renovations? They are completely different industries.” Although these businesses are not all the same in what they advertise, it doesn’t mean they don’t have the same...

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14 Dec, 2020

Canopy Covered RV Installation Best Practices for Storage Facility’s Businesses

Baja Carports Baja Constructions’ in-house design engineers and project managers place emphasis on the proposed site’s layout first; “fact-checking” the property for its canopy feasibility. It’s important that we are given the exact address of the...

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19 Nov, 2020

Is It A Great Site? Factors To Consider Before Developing Self-Storage

From vacant big box buildings and urban infill locations to parcels in secondary markets or municipalities with high barriers to entry, there is no shortage of potential sites for self-storage developments. Nevertheless, not every plot is practical for...

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17 Jul, 2020

The Sky’s The Limit - Architectural Trends In Self-Storage

The days when storage facilities consisted of rows of single-story metal buildings sprawled out over large parcels within industrial locations seem to be nothing more than a distant memory in 2017. While the industry’s iconic roll-up doors are still a...

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1 Feb, 2019

Catering To Millennials

The Most Diverse Generation With One Common Trend

As one of the largest generations, millennials are a constant topic of discussion. Businesses of all sizes are trying to figure out the best way to appeal to this large and diverse demographic of the...

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1 Dec, 2018

The Zoning Maze

Finding the Right Path for Permits and Zoning

New self-storage facility developers have generally had luck moving their projects from the industrial and warehouse zones areas of many cities, but that doesn’t mean they’re not facing challenges from...

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1 Nov, 2018

Drafting Developments

Trends In Self-Storage Design

By Judy Colbert

“When the last recession hit,” says Ken Carrell, principal of ARE Associates in Lake Forest, Calif., the city of Escondido, Calif., had “about 32 square feet per person in self-storage when the national...

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1 Nov, 2018

Farther Afield

Exploring Tertiary Markets

Growth—it’s the universal trend of post-World War II America. When our central cities, and later our suburban areas, expand in total population and in density, the economic forces of nature point prospective investors in new...

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1 Oct, 2018

Stop – Do Not Pass Go Without a Feasibility Study | MSM

In the game of Monopoly, players move their piece around the board in an attempt to purchase as many properties as possible. When a player has procured all the properties within the same color group, he/she can begin building houses, and eventually...

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1 Sep, 2018

A Sunny Investment: Solar Power at Extra Space | MSM

One of the best things about my position as senior vice president of facilities at Extra Space Storage is that I get to oversee our solar power program. Adding solar power at many of our stores has been a positive experience, and I hope that sharing...

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1 Sep, 2018

Tapered Growth

Has The Industry’s Development Cycle Passed Its Peak?

The self-storage industry has been living in a fantasy world for the past few years, a kind of mercantile paradise where net income always climbed, buildings were fully occupied, the cost of capital...

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1 Sep, 2018

Restoring Your Doors

Step-By-Step Instructions For Two Do-It-Yourself Options

By CJ Steen

One of the toughest questions when remodeling anything is what color white did I originally pick? Was it cream, eggshell, ivory, Navajo, vanilla, seashell, snow, baby powder, old lace,...

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1 Aug, 2018

Uncorking The Possibilities

How To Make Wine Storage Work 

It’s been said that you can make bad wine from good grapes, but you can’t make good wine with bad grapes. The same principal holds true for wine storage. In the wrong market, even the best wine storage facilities will do...

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