David Hester Wins Round in Ongoing ‘Storage Wars’ Battle
Former “Storage Wars” star David Hester just might have been popping open champagne bottles in his lawyers’ office recently. Los Angeles County Superior Court Judge Michael Johnson recently refused to...
View ArticleSelling Your Self-Storage Facility: A 5-Point Checklist
The self-storage real estate investment trusts (REITs) are in the market for storage facilities, but before you put your business up for sale, make sure you’ll be getting your property’s full value....
View ArticleStorage Outlet: Keeping It Cool in Southern California
As one of the closest self-storage facilities to any beach in Southern California, the Storage Outlet offers several unique features, including a laid-back surfer vibe and a refreshing sea breeze....
View ArticleOnline Self-Storage Auctions: A Legal Gray Area
With more self-storage operators expressing interest in online auctions, The Storage Facilitator decided to examine their advantages, disadvantages and legal implications. Not surprisingly, there’s...
View ArticleWhen Should You Turn to Third-Party Management?
If you’re an independent self-storage operator struggling to compete against larger companies with deep pockets, you may want to consider hiring a third-party manager. When you hire an experienced...
View ArticleStates Update Laws Regarding Lien Notices
Already this year, a dozen states have made significant legislative changes affecting the self-storage industry. The Self Storage Association and its state affiliates are working with state legislators...
View ArticleTough Sell? Recent Listings May Test Buyers’ Appetite for Self-Storage
Self-storage properties have been selling like hot cakes in the past 18 months. Yet two sizable portfolios now on the market may provide fresh insight into just how discriminating today’s investors are...
View ArticleSelf-Storage Conversions Open Doors to New Markets
Tackling a self-storage conversion project can be much harder than putting up a brand-new facility. Yet the challenges can be well worth the extra effort when it opens the door to urban markets. “What...
View ArticleSelf-Storage Resident Managers: Pros and Cons of a Fading Trend
For many self-storage managers, one of the profession’s greatest perks is the ability to live on-site. It’s a common arrangement that not only provides customers with an added sense of security and...
View ArticlePublic Storage Wins Bidding for Morningstar Portfolio
Public Storage Inc., the country’s largest self-storage REIT, beat out a field of competing bidders for a 43-property self-storage portfolio owned jointly by Harrison Street Real Estate Capital LLC and...
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