Moving Towards a More Sustainable Future: NWRE’s Advanced Self Storage Achieves Carbon Neutrality Nicola Wealth Real Estate (NWRE), a leading Canadian financial planning and investment firm, has transformed the norms for the self-storage industry as their Advanced Self Storage facility received the esteemed certification from the Canada Green Building Council (CaGBC) for following zero-carbon building…
Streamlining Self-Storage Operations: The Impact of Modernized Management Office In the ever-competitive self-storage environment, streamlining business operations, using resources efficiently, and enhancing customer experience are becoming increasingly crucial for survival. Self-storage facility operators are on a quest to innovate, and one solution gaining ground is the modernization of management offices. In a comprehensive article penned…
Halt the Haul: Self-Storage Operators and The Risk of Identity Theft Inside Self Storage dives headlong into the rampant identity theft issue, shedding light on the less-known aspect – renting self-storage units under pretenses. The article offers a sobering reminder that while fraudsters are known to use stolen data for a myriad of criminal activities,…
The LeClaire-Schlosser group, an enclave of Marcus & Millichap (NYSE: MMI), a renowned commercial real estate investment services firm, has recently announced a flourishing transaction. The property sold, as reported on Toy Storage Nation is Hidden Island RV & Boat Storage, an RV and boat storage facility capable of holding 180 units, located in Fort…
The self-storage industry, a dynamic and rapidly evolving sector, has seen a lot of activity in recent weeks. This blog post, penned by Eric Manning, digs deep into the details of recent property transactions and provides an insightful interpretation of what these movements mean for the industry. First on our list of property transactions is…
U-Haul, internationally recognized for its expansive storage and moving services, has recently announced that it will offer 30 days of complimentary storage and U-Box container usage to victims of the recent devastating tornadoes and thunderstorms in Middle Tennessee. The announcement came directly from U-Haul Company of North Nashville president Adam Muszynski, according to an article…
In November 2023, the average price per square foot for self-storage units witnessed a considerable YoY decrease compared to November 2022, dropping by 29% to $1.20. The figure was lower than the average price in November 2019, which stood at $1.21. This downward trend in asking rates reflects a strategic shift by REITs rather than…
Storing Success: A Closer Look at the Thriving Self-Storage Market The self-storage market, offering various space rental options for personal or business use, is experiencing significant growth. A study published by Fort Collins, Colorado-based DataHorizzon Research reveals that the market, which was valued at USD 61.2 billion in 2022, is projected to reach an impressive…
In a groundbreaking move, U-Haul, the industry leader in do-it-yourself moving and self-storage, has announced its plans to open a colossal self-storage facility on an eight-acre site in Princeton, Texas, a region located northeast of Dallas. The news of the expanding footprint of U-Haul in this area was first reported by industry insiders List Self…
VanWest Partners, a dedicated commercial real estate investment player, is expanding its Colorado-centric portfolio with a new self-storage construction project. This development will be located at 2425 S. Colorado Boulevard, Denver, marking an exciting new chapter in the company’s growth journey. Managed by the property arm of VanWest, ClearHome Self Storage, the project was recently…
