masonsmarket

Because We Need More Stuff: Major Self-Storage Development Happenings of November 2023

Making Space in a Crowded World: The Self-Storage Industry Defies Gravity November’s Self-Storage Development Highlights: More Room for Your Treasures Global self-storage development continues to demonstrate dynamism in line with the trend of increasing consumer demand for storage options. According to Inside Self-Storage, several new projects are slated to launch, accompanied by zoning and municipal…

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Putting the ‘Self’ Back in Self-storage: Revamp Your Facilities & Watch the Magic Unfold!

New paint? Upgraded security? Who knew that’s what self-storage facilities needed? The Transformation of Storing Stuff: Is Your Facility Keeping Up? Among an evolving self-storage industry, Andrew Thein, marketing coordinator for MakoRabco, guides us on the path of conducive renovation strategies in his Inside Self Storage article titled “Upgrading Your Self-Storage Facility: A Guide to…

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No More Office Space? Self-Storage is the New Big Thing in Bridgewater!

Kiss Your Office Goodbye, We’re Making Room for Storage Lockers Route 22 Redefined: Declining Office Buildings Rebirthed as Self-storage Facility” According to a recent article by Mike Deak of mycentraljersey.com, the once-thriving office buildings along Route 22 in Bridgewater are seeing an unexpected metamorphosis. Landowners Vytautas Paulius and the 713 Company have submitted plans to…

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Self Storage Statistics: As Fun As Watching a Pay-Per-View Concert Alone

Squeezing Yellow Submarines: Unearthing Gems in the Self-Storage KPI Mine Unpacking Innovation: The Metrics That Matter in Self Storage In his recent blog post, Casey McGrath, Director of Revenue Management and Marketing for SpareBox Storage, touches on the significance of Key Performance Indicators (KPIs) in managing a self-storage facility. Focusing on Tenant term, Autopay customer…

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Storage News Ideo Have a Maturing Self-Storage Loan? It’s Time to Explore Your Options

Crying Storage: Rising interest rates giving self-storage owners the blues When High-Interest Rates Encourage Tough Decisions A recent blog post by Steve DeRose, a senior vice president of loan originations at Starwood Mortgage Capital, profoundly delves into the impact of surging interest rates on self-storage owners. “During this time, loan coupons went from the low…

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From Storage Units to Junkyards: The Risks of Vehicle Storage

Unveiling the Multi-layered Challenges of Offering Vehicle Storage Offering a form of vehicle storage has become a beneficial strategy in the self-storage industry. Yet, as Oblinger highlights in his recent blog entry on Inside Self Storage, this method presents unique challenges and considerations. From local restrictions and specific rental agreements to careful insurance policies, it’s…

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Buchanan Street Partners Expands Presence with Self-Storage Acquisition in Northern California

In a recent blog post from [Connect CRE], they dished the dirt on Buchanan Street Partners’ newest venture in Northern California. The Newport Beach-based real estate investment management firm has dipped its toes into the NorCal market by acquiring a 116,500-square-foot self-storage facility in Auburn for $20.75 million. But is this the juicy drama we…

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