A recent sale of a self-storage facility in Federal Way reflects the ongoing interest of investors in the region’s industrial market. An affiliate of Merit Hill Capital has purchased the property for $10.6 million, as reported by King County property records. The entity offloading the property was an affiliate of The William Warren Group. Located…
The blog post, written by a self-storage sector analyst, takes an in-depth look at the operations and prospects of Public Storage (NYSE: PSA), a reputable self-storage REIT. This timely insight into the current market dynamics reveals why Public Storage is considered an attractive prospect for investors. The article was published on Seeking Alpha. The post…
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…
In a recent article by The Week, Singapore-based StorHub Group announced the appointment of Raju Ruparelia as their new CEO. Ruparelia, a seasoned business growth and transformation expert, takes the reins from Mike Hagbeck, the Group’s co-founder and CEO. Hagbeck now moves to a Non-Executive Chairman role, utilizing his extensive experience to guide long-term strategy…
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…
Dunamis is On a Mission to Expand Self-Storage Facilities Nationwide Hey there, storage-seekers; it’s Eric Manning at Ideo Storage here with a tidbit on an absolute juggernaut in the self-storage game. Focus on Dunamis Development, the real estate investment and development company painting the town red, one self-storage facility at a time. Hoarders nationwide, rejoice!…
Atlanta-based condo storage developer Storage Caves has begun construction on an innovative luxury garage storage facility in Buford, Georgia. The news came from a recent announcement on Newswire.com which detailed the company’s plans for this groundbreaking development. Situated on an 8-acre lot at 6034 Lanier Islands Pkwy, this facility allows consumers to store RVs, boats,…
Navigating the Tightrope: Balancing Success and Innovation in Customer Service In the bustling business arena, where customer expectations perpetually evolve, companies are often trapped in a paradox: the delicate balance between maintaining successful customer service strategies and fostering innovation. The dilemma is palpable – how does a thriving company innovate without jeopardizing its rapport with…
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,…
The original blog post was written for commercial-real estate-training.com and is a valuable resource for commercial real estate agents seeking effective strategies to optimize their negotiation skills. The post lays out several stages where negotiation comes into play, from cold-call prospecting to presenting marketing facts, navigating property inspections, and closing deals. The author emphasizes constantly…