When a Rental Truck Damages Their Facility The use of a rental truck is a common occurrence in the self-storage business. But, because renters are...
Is Your Website Obsolete? While we were busy chasing new tenants and conducting day-to-day business with existing customers, something startling...
How very interesting our industry has become. Gone are the days of drive-up only storage developments as we say hello to a multitude of specialty...
The Evolution Of Multi-Story Storage Facilities It’s no secret that land is scarce and costly in urban areas, especially within retail areas of the...
There’s no denying that self-storage is a customer-centric business. Storage owners and operators go to great lengths to hire and retain friendly...
As real estate and economic cycles go, things are usually fine, until they are not. The old adage “better to be a year early than a day late,”...
Accommodating A Growing Millennial Market If you’re tired of hearing about Millennials–the generation born between 1981 and 1997–and their impact on...
On a daily basis, self-storage managers have a full deck of duties on their hands. From customer service and facility maintenance to landscaping and...
James Appleton, Director of Sales, Publishing & Special Risk, MiniCo Insurance Agency, LLC There’s a reason people choose to store their belongings...
Finding And Keeping Good Employees Without Breaking The Budget Vince Lombardi once said, “The achievements of an organization are the result of the...
Although the telephone is one of the original self-storage management tools, it’s far from obsolete. As a matter of fact, according to the “SSA 2013...
Marketing Your Truck To Accelerate Profits You spent months deciding if you want to embark on the adventure of offering a truck rental program at...
Unlocking Profits With Software If you only consider the software you use at self-storage business as a necessary expense for tracking payments and...
A Look At Lease-Up Trends Last year, Memphis-based Jernigan Capital Inc. funded a couple of properties in Central Florida. The two self-storage...
Considering Climate Control The self-storage industry has come a long way from its roots of plain metal buildings with roll-up garage doors....
Handling Excess Lien Sale Proceeds It’s been more than six years since Storage Wars, a reality television show that follows self-storage auction...
How To Uncover Invaluable Information At Extra Space Storage, our data science team spends the majority of its day immersed in customer data. That’s...
Is The Party Over? Everyone in the business is familiar with the miracle comeback from the Great Recession. A large growth of self-storage...
A Frequently Asked Question Self-storage facilities typically provide measurable value creation potential for an investor through income and risk...
Rehabbing Older Facilities Someone once said, “old places have soul”. They might have soul, but, if you are the owner of an older self-storage...
Over the past several years, due in part to increased competition, third-party management has become more of a necessity than an option—especially...
As the self-storage development cycle moves over the crest and onto the downward slope, the low-hanging fruit has been picked. Good sites remain,...
The ABCs Of Revenue Management For Small Operators There are a number of reasons to improve revenue and profits. Here are just a few that should be...
The Advantages Of Non-Recourse Bridge Financing At Certificate Of Occupancy Construction lenders are not a dime a dozen, and good ones are extremely...
Are You A Great Leader? “The supreme quality for leadership is unquestionably integrity. Without it, no real success is possible, no matter whether...
Is There A Threat of Overbuilding? Charles Plunkett, president of CAPCO Steel, has specialized in self-storage construction for the past 32 years;...
New Development Within The 10-Mile Radius After many years of a robust transactional market, the self-storage industry has slowly taken a U-turn...
Helping Customers In Distress Upon recently returning to the U.S. from a vacation, I immediately received a text message on my cell phone that had...
Retailers Grapple With Costly POS Upgrades Shoppers love credit cards for quick and easy purchases. Retailers? Not so much. One big problem is...
The 2017 Financial Forecast Without a doubt, the past few years have brought about record-breaking numbers for the self-storage industry—from...
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