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…
California Governor Gavin Newsom has officially signed Assembly Bill 542 (AB 542) into effect, transforming the advertising landscape for self-storage operators within the state and authored by Assembly Member Juan Carrillo and his team, in collaboration with Naomi Padron, a legislative advocated partner for MKP Government Relations and the Self Storage Association’s Sacramento-based lobbyist, the…
Asia, a continent noted for its distinct cultures and vast consumer mobility, offers an intriguing playing field for multi-national self-storage operators. These businesses, such as Cube Self Storage, Extra Space Asia, Lock & Store, Storefriendly, and StorHub, must navigate multiple languages and unique cultural traits to create an identifiable brand across this diverse region. In…
The Memphis, Tennessee-based Absolute Storage Management Inc., or simply ASM, has added a significant feather to their cap. The company has announced that it will now render professional management services for McFarland Parkway Storage, an extensive 104,920-rentable-square-foot, 825-unit facility located in Alpharetta, Georgia. Adding to their recent successful contracts, ASM also revealed their engagement with…
The world of self-storage is a needs-based market, and with many prospective customers inclined to shop around, the competition can be fierce. In today’s abundant market with many facilities available, each offering a variety of unit sizes, rental pricing, and amenities, ensuring that prospects rent from your storage facility over a competitor’s can be challenging….
In “Grab a Bigger Slice of Self-Storage Profit With Unique Add-On Products and Services,” Amy Campbell revisits the well-trodden path of augmenting revenue through add-on services. Published on Inside Self-Storage on October 20, 2023, the article thinly veils a call for reader input under the guise of innovation, stating, “I’m seeking input for an upcoming…
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,…
Extreme Makeover: Storage Edition – Hold My Power Drill! It’s your favorite online scribbler reporting back with yet another curiously captivating piece from Self-Storage. This time, we are diving headfirst into a blog post by our comrades at Inside Self Storage. The post is eloquently titled You Did What in My Self-Storage Building? Tenant Takes…
The city of Asheville could soon witness the development of a modern, four-story wine and self-storage facility. The recently unanimously approved project by the Asheville Planning and Zoning Commission is planned for 492 Sardis Road. The project’s development has been undertaken by Bee Safe Storage, a reputable name in the storage industry. Should the project…
In the industrial boomtown of Longmont, ClearHome Self Storage, located on the east side at 10958 Weld County Road 5, has commenced its operations this month. With an impressive six-acre facility, the self-storage provider seems set to help the residents with their storage needs. The company announced that the facility houses over 700 units, offering…
