In a booming economy, expendable income...
Despite several years of substantial ground-up development, demand for self-storage remains strong in many markets across the United States thanks...
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...
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...
There’s a saying that “nothing is free.” In these trying times, self-storage owners are trying to find ways to save money. While there are certain...
It’s said that necessity is the mother of invention, and in 1969, housing developer H. James “Jim” Knuppe was in search of an idea that would keep...
While there are indicators that the current development cycle is finally losing momentum, the effects of new supply can be far reaching and...
Recent architectural trends in self-storage appear likely to continue in 2021, some industry experts say. These trends include contemporary exterior...
In March 2019, when the initial threat of COVID-19 became evident and mass lockdowns were ordered, almost everything stopped, including many...
While we have all likely sighed in relief that 2020 is finally behind us, the new year begins with some of the familiar uncertainties that plagued...
“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...
In 2019, Casey Jones, owner of BC Cole Auctioneers in Phoenix, Ariz., was thinking of adding an online platform to his auction business, but he...
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 Self Storage, a company he founded in 2015. He envisions expanding StorCo into a nationwide company...
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...
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”...
‘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,...
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