Since its founding in 1974, MiniCo Insurance Agency has focused on providing specialty insurance solutions for the self-storage industry. But the company’s mission has always been far greater than simply underwriting policies and handling claims. MiniCo...
Stor-Guard, LLC has introduced a new wireless security and over-locking system that is so advanced it’s earned three patents. The new Smartlok Solutions give managers an easy way to monitor unit activity and control over-locking using PC or smartphone...
During the economic downturn in 2008-09, the self-storage industry appeared to be in a “race to the bottom” in offering big discounts and concessions to stabilize degrading occupancies. Street rates fell dramatically as “one month free” promotions grew...
As the world’s largest commercial real estate services and investment firm, CBRE Group, Inc., a Fortune 500 and S&P 500 company headquartered in Los Angeles, has what it takes to deliver exceptional results to any type of buyer or seller. CBRE’s Self...
The problem with the tried-and-true dot-com domain is that most of the good names are taken. In addition, anybody can take a dot-com name that indicates they are in a business such as storage—even if they’re not.
New or expanding companies have been...
The SAFE Co, a Canadian company, has introduced a line of revolutionary portable storage units offering four different delivery systems on their containers. The Quick-Build units offer the maximum in flexibility to accommodate virtually any delivery...
Lawton, Okla.-based Canon Storage Systems, Inc., is a second-generation family-owned business with humble beginnings. The turn-key building supplier and construction service company, which was formed in 1979 by Vern Cannon, began as a one-man operation...
SkyView Advisors (formerly BayView Advisors) may appear to be the new kid on the block in the self-storage arena, however, further inspection reveals a depth of industry experience and expertise that rivals other top brokerage firms.
The SkyView team...
When they initially invested in self-storage facilities in 2014, Stein Investment Group found it easy and manageable to monitor and update rates for the few stores they owned. But as the company continued to acquire more facilities, the finance team was...
Following the stoppage of virtually all construction during the initial months of the COVID-19 pandemic, numerous projects came off the drawing boards and back to fruition simultaneously. This resulted in unleashing a pent-up demand for building...
By David Lucas
As a self-storage owner or member of an independent group that owns and operates storage, you know it’s getting harder to compete. In a field dominated by large REITs with deep pockets and a hotline to Google, you lack the time,...
By David Lucas
After acquiring a Class-C self-storage facility in San Antonio, the new operator was faced with a decision about what to do with a sloping, underperforming parking lot that had been used by the previous owner for RV and boat storage.
With...
By David Lucas
Many self-storage operators have developed their own websites and perhaps established Facebook and Twitter accounts, however, maintaining effective marketing channels and Internet visibility is becoming more challenging at the current...
By David Lucas
The competition from name-brand storage facilities is a major obstacle to any storage business, but especially for smaller operators. Branded facilities have a team of specialists managing every aspect of the business, from day-to-day...
Adding Curb Appeal, Value, And Competitive Advantages To Aging Facilities
Owner/Operators on R3
- “We added $1,437/unit straight to the bottom line in the first year alone.”
- “We’re going for Facility of the Year.”
- “Our managers were getting hurt using...
By David Lucas
Union Realtime, a leading provider of data, insights, and analytics to the self-storage industry, has unveiled a new version of its flagship product, Radius, which will give the self-storage community access to real-time data on a...
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