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Five Reasons Smart Locks Are a Self Storage Manager’s Best Friend

In today’s world, the demand for automated rentals is at it’s all time high. This past year has been challenging for many industries in maintaining a strong business while creating a “contactless” environment for their employees and customers. Although we have hope that the end of today’s pandemic is in the very near future, there’s certainly no guarantee. Nevertheless, customers have now become so used to a contactless environment and the simplicity of taking care of their daily responsibilities that we’ll never truly go back to the way things were…

How Can First-Time Storage Buyers Compete?

The self storage market is hot! With strong performance during 2020 and the global health pandemic, storage has been stealing headlines as one of the most desired asset classes. Owners have seen occupancy remain steady, rent collection stay high and revenue grow. The attention on self storage has attracted groups both large and small to the industry in search of their first property. The reoccurring question I receive is how can we compete or what will it take to buy our first deal? I will share below the best practices…

Clearlake Portfolio Company Janus International Acquires G&M Stor-More

Acquisition enables Steel Storage Australia, a Janus Company, to enhance its self storage design and construction solutions offering to the Australasian market. Clearlake Capital Group, L.P. portfolio company Janus International Group, LLC., the leading global manufacturer and supplier of turn-key building solutions and new access control technologies for the self storage and other industrial sectors, announced today that Steel Storage Australia, a wholly owned subsidiary of Janus, has acquired G&M Stor-More Pty Ltd., a premier provider of self storage design and construction solutions serving the Australasian market. The acquisition of…

Chad Snyder

Chad is the managing director at Dominus Commercial and was formerly a senior associate at Colliers International. Chad Snyder specializes in self storage and office tenant representation. In this capacity, he focuses on representing midsize office tenants in the Dallas/Fort Worth metropolitan area with a targeted concentration in Tarrant County. Additionally, Chad draws upon his research and analytical skills to provide clients with valuable local and national market insight on a daily basis. Prior to joining Dominus, Chad worked in the oil and gas industry where he specialized in the…

Tyler Trahant

Tyler is senior vice president at Dominus Commercial. He began his career as a real estate intern during his senior year at Texas Christian University for a Fort Worth real estate firm. Upon graduation, Tyler became a licensed real estate broker in Texas and has been representing clients for their real estate needs since 1998. He has successfully represented buyers and sellers of self storage properties since 1999 having completed deals ranging from $500,000 to $18,000,000. He is also a real estate investor and part owner in a Texas self…

National Storage Affiliates Trust Announces Addition of New PRO

National Storage Affiliates Trust (NYSE: NSA), today announced that it has entered into definitive agreements to add Blue Sky Self Storage (“Blue Sky”), a strategic partnership between Argus Professional Storage Management and GYS Development LLC, as a Participating Regional Operator (PRO). Blue Sky and its affiliates own and/or manage over 150 self storage facilities, primarily located across the western and southern United States. Management expects that Blue Sky’s initial managed portfolio will consist of seven properties that will be acquired by NSA by the end of the first quarter 2021,…

With Technology and Customer Experience at the Center of Their Growth Strategy, StorCo Self Storage Converts Large Retail Superstore into a Smart Storage Facility with Noke Smart Locks

StorCo completes $7.5 million conversion project in O’Fallon, MO with Noke Smart Entry by Janus International. Janus International Group (“Janus”), the leading global manufacturer and supplier of turn-key building solutions and new technology for the self storage industry, announces StorCo’s retail superstore conversion into a smart, climate-controlled self storage facility. In late 2019 StorCo Self Storage purchased the O’Fallon Square Shopping Center in O’Fallon, Missouri, consisting of a strip center and the large retail superstore that was soon converted into a hi-tech, climate controlled self storage facility. The history of…

Mason Adams

Mason Adams, principal to Storage Capital Advisors, has represented some of the largest names in the industry as well as small businesses. By focusing solely on self storage, he is able to provide an unparalleled level of service, whether the client is an international REIT or a small family-owned business. He uses the latest real estate technology systems to determine the best pricing strategies and find the best sites for development and has a proven track record of success in the self storage investment industry. 

Cushman & Wakefield Arrange the Sale of Red Mountain Self Storage & RV

Cushman & Wakefield has arranged the sale of Red Mountain Self Storage & RV in Mesa, AZ. Located at 5612 E. McDowell Road, the property consists of 645 units, 80 of which are RV/boat storage, throughout 78,000 square feet.  The class A development was built in 2018 and benefits from 66% occupancy.  Paul Boyle represented the buyer, Casa De Amigos Mobile Home Estates, as well as the seller, CHSS Fund-J And R Investments Mesa Red Mountain.

Storage Exchange Launches Technology Enabled Self Storage Real Estate Brokerage Platform

Storage Exchange announces the launch of their new interactive self storage focused brokerage platform, storageexchange.com. This technology enabled real estate agency leverages the power of data aggregation, empirical analysis and right sized fees to maximize value for both sellers and buyers through enhanced visibility and transaction efficiency. “As founder and former CEO of one of the largest private operators in the industry, I understand the disconnect between owners, investors and the brokers that service the industry. In today’s marketplace, investment decisions are supported through the synthesis of objective data, not…