California-based real estate investment and management firm Buchanan Street Partners LP has bolstered its executive ranks by joining Jon Suddarth as Vice President of its self-storage acquisition and development team. With his appointment, Suddarth is set to oversee business opportunities in various locations, such as the California Bay Area, Colorado, and the Pacific Northwest. Suddarth’s…
In the first ten months of 2023, the self-storage industry in the United States witnessed a decline in investor activity. Notwithstanding previous industry resilience, economic uncertainty led to a nationwide transaction volume of over $2.2 billion, reflecting a significant decrease from the $8.4 billion sales volume during the same period in 2022. The average price…
The world of self-storage can seem about as exciting as watching paint dry, but amidst the rows of metal doors and concrete floors, there are industry rockstars like John C. Lindsey. You probably didn’t know this, but the self-storage industry has a sex symbol, and his name is John C. Lindsey. Here’s a man who…
Demystifying Domain Validation for Self-Storage Websites: Why It Matters and How to Do It Right In today’s digital age, the self-storage industry, like many others, relies heavily on online presence. A significant part of this presence is ensuring that your website is secure and trusted by potential customers. This is where SSL certificates come into…
A shoulder to the wheel of Baxter’s developmental projects, a new initiative has been proposed by prominent local restaurateur Bob Sullivan, renowned for operating franchises including Wendy’s, Firehouse Subs, and Blaze Pizza. Sullivan appeared before the Baxter City Council on Tuesday, January 2, proposing establishing a sizeable storage facility near County Highway 77 (Pine Beach…
Yardi Matrix’s Vice President and General Manager, Jeff Adler, uncovers the self-storage industry’s intricate relationship with the housing market in a recent in-depth report on Toy Storage Nation. Adler highlights how increasing housing costs and inelastic incomes have led to an unaffordable housing landscape, which has significantly damaged home sales. Such a scenario indirectly influences…
The self-storage industry is witnessing significant zoning controversies in Old Lyme, Connecticut. The local Zoning Commission recently rejected a planning application for three 35-foot-tall storage buildings. This marks the second dismissal of the storage construction project initiated by Kid’s Realty, LLC and Pond Road, LLC. The Zoning Commission’s dismissal delved into the complexities surrounding the…
In a recent episode of the Multi-Housing News’ (MHN) Management Diaries podcast, veteran property manager Marc Kotler links the success of multifamily developments to astute property management. Currently helming the New Development Group at FirstService Residential, Kotler boasts an impressive 25-year industry experience. Throughout the conversation with host Denile Doyle, Kotler discusses the importance of…
Scott Meyers, also known as @SelfStorageGuy, recently delved into his ascent in the real estate industry via a podcast episode, offering valuable insights and tips about self-storage investing. Growing from a background deeply rooted in the real estate industry, Meyers has built his empire, particularly in successfully syndicating capital. Meyers’ success story demonstrates the broad…
Hold the Dressing, We’re Making Room for Dressers In a recent blog post on List Self Storage, the news broke out that after 50 years as a township fixture, Michael’s Restaurant and Lounge in Falls Township, PA, is slated for demolition. But fear not – in its place will rise a three-story, 109,650-square-foot self-storage facility…