California Governor Gavin Newsom has officially signed Assembly Bill 542 (AB 542) into effect, transforming the advertising landscape for self-storage operators within the state and authored by Assembly Member Juan Carrillo and his team, in collaboration with Naomi Padron, a legislative advocated partner for MKP Government Relations and the Self Storage Association’s Sacramento-based lobbyist, the…
In a recent Zoom meeting hosted by OpenTech Alliance, Matt Clark, a self-storage industry veteran with 25 years of experience, unveiled the secrets behind his successful Hub and Spoke model for Store Safe. Clark, who has grown Store Safe from three locations to 28 under his leadership, emphasized technology and communication’s significant role in a…
Rosewood’s Monopoly Move: From Texas Hold’em to Self-Storage Syndicate. Sourced by: SpareFoot Storage Beat Original URL: Click Here This post, penned by the savvy scribes at SpareFoot Storage Beat, centers around the impressive acquisition of three self-storage facilities by Rosewood Property Co. Based in the Lone Star State, Rosewood proves they are not all about…
Self-Storage Investing: Because Hoarding Other People’s Junk Can Be Profitable, Apparently In the week of unbelievable transformations, we’ve chanced upon the rags-to-riches, or let’s say, the scripts-to-storages tale penned by Cameron Barsanti, founder and CEO of StorageLife. In his latest blog post featured on InsideSelfStorage, Barsanti shares his journey from being an unemployed screenwriter and…
From Square Feet to Wall Street: The Glamorous Life of Storage Units Everything but the Kitchen Sink: A Look into Global Self Storage, Inc. If one thing’s for sure, it’s that Global Self Storage, Inc., a self-administered, self-managed real estate investment trust (REIT), is giving all of us pack rats out there new aspirations in…
When Your REITs Are Taking Re-beats: Will 2024 Bring Some Relief? Well, now. Here we have another thrilling piece of market speculation brought to us by the financial fortune-tellers at Nasdaq, Lindering on about the future of REIT stocks. After going through two years about as fun as a root canal treatment, REIT investors were…
National Storage Affiliates Trust is feeling a bit generous, folks – with themselves. In a move that’s a bit like buying your birthday cake (and eating it, too), they’ve announced a mammoth $275 million share repurchase program to buy back their shares. Click Here to check out the original article and get all the details….
Self-Storage Awards: Less Exciting Than Watching Paint Dry, but Less Messy Too! Intrigued? I bet you wouldn’t ever think self-storage could be such a competitive business. The recent IMN Single Family Rentals Industry Awards 2023 took place, and the reel of trophies was quite astonishing. For fans of self-storage or people with a peculiar interest…
A Self-Storage Conversion: Your Very Own Property Makeover Ah, the joy of turning empty, soul-sucking office spaces into self-storage units – because why create affordable housing when you can stash away more stuff? Enter Brandon Grebe and his merry band of storage wizards at Uplift Development Group LLC. These guys are the rebels of the…
Brace Yourself for Self Storage: Not Just Your Grandma’s Attic Anymore! The Big Idea: The attached blog post, kindly shared by Gretchen Shoenberger, unveils the steady climb of alternative sectors, notably self-storage, in Commercial Real Estate (CRE) investments. From playing second fiddle to proudly proclaiming a solid 39% share of investment from 2020 to 2023,…
