Boldly penned down by the kings of precaution, Inside Self Storage, the groundbreaking literary exploit of the year – ‘Keep Your Facility in Peak Working Condition With Our 2024 Self-Storage Maintenance Package’ is here to shock, delight, and possibly spruce up an old storage unit. Our fearless author catapults you into a dystopian world where…
In November 2023, the average price per square foot for self-storage units witnessed a considerable YoY decrease compared to November 2022, dropping by 29% to $1.20. The figure was lower than the average price in November 2019, which stood at $1.21. This downward trend in asking rates reflects a strategic shift by REITs rather than…
Managing a self-storage facility is no simple task, especially when defending the property from damaging and health-risking pests. In a recent blog post written by Robert Lockwood, an associated certified entomologist and technical service manager for Terminix, various practical steps and strategies were presented to better shield your self-storage property from pest infestation. According to…
October’s Self-Storage Real Estate: A Game of Square Feet and Millions Inside Self-Storage recently published an article detailing the self-storage real estate acquisitions and sales for October 2023[^1^]. The piece is a comprehensive overview of the latest market transactions, featuring critical players like Strategic Storage Growth Trust III Inc., StorageMart, and Shurgard Self Storage Ltd.,…
Quick, Hide Your Money in a Self-Storage Unit: Navigating Construction Financing in an Economically Difficult Environment” Written by John Williamson, director of debt and equity placement for the JLL Capital Markets self-storage team, this article could also be titled “Interest Rates and Your Self-Storage Dreams: Why Finance Doesn’t Need to be Your Nightmare.” With the…
Inside Self-Storage published a comprehensive overview of the acquisitions and sales within the self-storage real estate niche in January 2024. Authored by their market research team, the report details several high-profile transactions, offering valuable insights into the industry trends and investment strategies of key players. Among the notable transactions was Silver Star Properties REIT Inc.’s…
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…
Avoiding Downtime: How to Safely Update DNS Settings for Your Self-Storage Website In today’s digital-first world, having your self-storage website accessible at all times is not just an advantage; it’s a necessity. Whether customers are looking to book a unit at 2 PM or 2 AM, your website needs to be up and running. A…
Safestor® Enhances its Tenant Insurance with Flood Coverage — A Tsunami of Benefits for Just a Buck More! —In what can only be described as a flood of beneficial additions to Tenant Insurance, Safestor® backed by Ponderosa Insurance, now inundates renters with flood coverage at $1 extra per month across all 50 states. This amenity…
A shoulder to the wheel of Baxter’s developmental projects, a new initiative has been proposed by prominent local restaurateur Bob Sullivan, renowned for operating franchises including Wendy’s, Firehouse Subs, and Blaze Pizza. Sullivan appeared before the Baxter City Council on Tuesday, January 2, proposing establishing a sizeable storage facility near County Highway 77 (Pine Beach…