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…
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…
Introduction In the bustling world of self-storage, where competition is as tight as the lock on a well-secured unit, understanding and optimizing your Customer Acquisition Cost (CAC) is not just an innovative business—it’s essential for survival and growth. The thesis here is straightforward yet profound: excellent customer service is a key driver in reducing your…
Opinion: Bolt Storage – A Lot of Talk, But Nothing Special With all the recent buzz about Bolt Storage and Nick Huber on Twitter, I decided to dive in and experience their customer journey firsthand. Bolt’s management team claims to be experts in marketing, customer service, processes, and using technology to cut costs. As someone…
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…
By Eric Manning, Ideo Storage Victory Capital Management Inc. recently strengthened its position in Global Self Storage, Inc. (NASDAQ:SELF) by acquiring 17,139 shares during the fourth quarter, according to its latest 13F filing with the SEC. This acquisition, valued at approximately $79,000, brings Victory Capital’s ownership stake to 0.15% of Global Self Storage as of…
Manhattan Mini Storage, traditionally known for its witty and biting political satire billboards scattered across New York City, recently expanded its humor offerings. In a unique move, they have ventured into live stand-up comedy. In collaboration with Brand Up NY, the company now hosts an initiative dubbed the “Mini-sets Comedy Club.” This thrilling venture aims…
🎭 In an unexpected twist, Manhattan Mini Storage has transformed six storage units into comedy clubs, breathing new life into the self-storage scene. This innovative move and the launch of their comedy video series “Manhattan Mini-Sets” showcase the industry’s ability to adapt and entertain. But the laughs don’t stop there – from multi-million dollar acquisitions…
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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