New York Based Developer, Blumenfeld, Expands Their Portfolio with Two Self-Storage Facilities in Flushing and Woodside

The recent purchase of two self-storage facilities in Flushing and Woodside, Queens, by the prominent Long Island-based Blumenfeld Development Group emphasizes the utility of self-storage and the potential profits in this real estate sector. According to the records, Blumenfeld purchased these properties for a staggering sum of $122 million. The facilities are at 34-09 College…

Read More

Whose Money Is It Anyway? Navigating the Tricky World of Non-Tenant Self-Storage Payments

Looks Like Your Ex Just Paid Your Storage Rent! Decoding the Debacles of Self-Storage Payments. Self-storage isn’t just about stashing things in a forgotten corner; it’s about management, payments, tenants, and even their well-meaning friends or relatives who suddenly decide to help with their payments. In a recent post, industry expert Carol Mixon takes us…

Read More

The California Self Storage Association Announces 2024 Officer and Board Appointments: Here’s Who Made the List

CSSA’s Roster Update: Meet the Newly Elected 2024 Officers and Board Members In a recent update, the California Self Storage Association (CSSA), a nonprofit supporting the California self-storage industry, announced new officers for its 2024 board of directors and welcomed two new board members. Mike Gong, the Area Vice President of Arthur J. Gallagher &…

Read More

Analysis of Self-Storage Industry Trends in 2023: Insights from Absolute Storage Management

Overview of Absolute Storage Management’s 2023 Performance The self-storage industry, often seen as a bellwether for economic trends, has undergone significant changes in 2023. As a critical player, Absolute Storage Management (ASM) has mirrored and contributed to shaping these industry shifts. This analysis delves into the industry trends illuminated by ASM’s third-quarter results, offering a…

Read More

Old Lyme Planning Commission Boldly Defends Self-Storage Sanctity Against Moratorium Menace

In an audacious move that’s shaken the foundation of self-storage politics, the Old Lyme Planning Commission has taken a stand against the proposed self-storage moratorium, safeguarding the future of personal storage freedom. With defiance that could only be matched by a toddler refusing to eat their vegetables, the commission has signaled a clear message: not…

Read More

Self-Storage Superpowers: Unleash Your Facility’s Potential with a Management Company

Running a self-storage facility can be a rewarding experience, but let’s face it, it’s not always sunshine and rainbows. Between juggling marketing, accounting, tenant relations, security, and ever-changing regulations, it can feel like you’re wearing a dozen hats at once. That’s where self-storage management companies swoop in, like real-life superheroes for your facility. Forget the…

Read More

The Self-Storage Sector’s Quiet Revolution: Small Operators, Big Innovations

Innovating Beyond Space: How Small Self-Storage Operators Can Outshine Industry Giants In the competitive realm of self-storage, small operators are often overshadowed by the colossal presence of industry giants. However, the key to thriving in this environment lies in competing and innovating. By adopting creative and technologically advanced strategies, small self-storage businesses can offer unique…

Read More

Scaling Heights in the Storage World: A Deep Dive into Public Storage’s Investment Potential

In a recent article, Seeking Alpha contributor Jodi Jacobson brings Public Storage (NYSE:NYSE: PSA), a leader in the self-storage sector, into focus. The author paints an informative picture for potential investors by navigating us through the company’s resilience to macroeconomic events, sustained demand, and expected returns based on the current share price. Public Storage, one…

Read More

SecureSpace Self Storage Debuts a New Facility for Philadelphia’s Underserved Market

SecureSpace Self Storage has made noteworthy deliverables in its business expansion endeavors with the grand opening of its state-of-the-art facility—SecureSpace Philadelphia Grays Ferry. In a recent press release issued via GLOBE NEWSWIRE, the company expressed excitement for the new facilities located at 3114 Grays Ferry Avenue. Nestled strategically in the heart of Philadelphia, PA, this…

Read More