Silver Star Properties, a renowned real estate investment firm, has shifted towards the self-storage sector, evidenced by the recent acquisition of two facilities in Houston. As reported by Multi-Housing News, the facilities were purchased from Harrison Street Real Estate Capital, totaling 115,126 rentable square feet and expanding Silver Star’s footprint in the City. The properties,…
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…
Evicting a Self-Storage Tenant: A Comedy of Errors? Hello there, fellow storage enthusiasts! Your friendly neighborhood news-hound, Eric Manning, is back with more industry insights. Today, we have a real doozy of our friends’ posts at Inside Self Storage “And Stay Out!” – The Art of Eviction Picture this: you run a self-storage unit. Business…
In news that has rocked the self-storage industry to its very foundations, a report by Inside Self Storage confirms that Storage Authority LLC has appointed Drew Case as director of operations, sales and marketing. Storage Authority, currently ruling the roost in the self-storage industry across multiple states, has performed this wildly unpredictable move presumably to…
Picture: Asia Self Storage Industry The article, penned by Andrew Work, Executive Director of the Self-Storage Association Asia, offers intriguing insights into the self-storage industry in Asia. It explores the unique market dynamics of individual countries, highlighting factors that could shape the future of the industry. The link to the original post can be found…
Navigating the Challenges of SSL Certificate Reissuance for Self-Storage Websites In today’s digital age, securing your self-storage website is non-negotiable. One of the cornerstones of web security is the SSL (Secure Sockets Layer) certificate, a digital passport that establishes a secure link between your website and your customers’ browsers. Think of it as the digital…
Nestled beside the Marquette Interchange at 999 W. Mt. Vernon Ave, in the heart of Milwaukee’s Menomonee Valley, resides an Extra Space Storage facility home to an endearing holiday tradition. To spread some holiday cheer, the company would ingeniously edit their SELF STORAGE signage to advertise as an ELF STORAGE during the festive season. Last…
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 significant merger between Extra Space Storage and Life Storage, two leading American Real Estate Investment Trusts (REITs) revolving around self-storage, marks a historical shift in the industry. The merger was consummated on July 20, 2023, upon shareholders’ approval from both sides. The combined entity emerges as the largest self-storage operator in the United States,…
Surfing the Wave of Self-Storage Transactions: Hang Ten or Wipe Out? Hello, fellow storage enthusiasts. Eric Manning here with a review of a blog post that caught my eye recently. Penned by the wordsmiths over at List Self-Storage, this post delves into the gritty details of recent self-storage deals. But is it worth your precious…