Category: Featured Home Slider

Baranof Holdings Purchased an Industrial Land Site for $28 Million to Pave Way for a New Self-Storage Facility in Hollywood, CA

The largest land sale in Hollywood for the first quarter goes to Baranof Holdings, which acquired a 1.29-acre industrial land site for $28 million. Dallas-based Baranof Holdings, a developer and asset manager of self-storage facilities, has purchased a 1.29-acre industrial land site in Hollywood for $28 million in order to pave the way for a new Los Angeles self-storage facility. The transaction marks the largest land sale in Hollywood during the first quarter of the year. Baranof Holdings acquired the site at 956 Seward St., which previously operated as a…

A Step-by-Step Guide to ECRI – By Peter Smyth, White Label Storage

In this video, White Label Storage Co-Founder Peter Smyth breaks down how to utilize ECRI to improve your profitability without tanking customer satisfaction. The walkthrough utilizes a spreadsheet template, which you can download here to start running your own ECRI program and optimizing rents. Existing Customer Rate Increases (ECRI) is a fundamental part of revenue management for self-storage facilities. This process enables owners and operators to move tenants from low promotion rates to pro forma rates that bring in more revenue. ECRI works because the psychology of customers changes once…

SmartStop Self Storage REIT, A Premier Owner And Operator Of Self Storage Facilities in the United States and Canada, Announces Pricing of Underwritten Public Offering

SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), an internally-managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced today the pricing of its public offering of 27,000,000 shares of common stock at a price to the public of $30.00 per share. SmartStop has granted the underwriters a 30-day option to purchase up to an additional 4,050,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. Shares of SmartStop’s common stock are…

Hiring a Boots on the Ground Manager for Your Remote Managed Self Storage

Managing a self-storage facility efficiently requires having the right personnel on-site. However, not every facility needs a full-time manager. A part-time, on-the-ground manager can be the perfect solution to handle daily operations without the commitment of a full-time employee. Here’s a step-by-step guide to hiring the ideal candidate for your self-storage business; 1. Define Your Needs Before starting the hiring process, assess your facility’s specific requirements: How often do you need on-site management—daily or a few times a week? What tasks will they be responsible for? Will they handle customer…

White Label Storage Partners with StorageReach to Scale Customer Review Generation

Online reviews are the lifeblood of local businesses. Seventy per cent of consumers say that they regularly check the reviews before visiting a local business. And it’s no different in self-storage: potential tenants rely on reviews to help them vet facilities. Digital reviews also affect how businesses rank in local search results in Google, which is another indicator of just how vital they are for self-storage facilities in all markets. But reviews are notoriously difficult to obtain. Studies show that people are less motivated to share a positive experience than…

Self-Storage Market of the Month: Euless, TX

StorTrack’s featured market this month is Euless, TX. Euless is a thriving suburb in the Dallas-Fort Worth metroplex, offering easy access to major economic hubs and DFW International Airport. With a strong job market driven by aerospace, logistics, healthcare, and technology, the city continues to experience rapid growth, rising home values, and increasing demand for development. How is Euless as a self-storage market and is it a good place to consider investing in? We’ve used StorTrack’s Explorer platform to look at some metrics to analyze its potential as a self-storage investment.…

5 Questions With Travis Lawhorne, R3 Southeast Regional Sales Manager, Janus International Group

In this episode of 5 Questions With…, we chat with Travis Lawhorne of Janus International about key seasonal self-storage facility upgrades, creative ways to add unit sizes, when to replace ageing doors and the tax and revenue benefits of renovations—including what to ask when adding portables. Watch the full video now!

ABC Mini Storage Expands Modern, Secure Storage Solutions to Auburn, Benroy, and Lakeland Hills, WA

ABC Mini Storage, a leading provider of secure self-storage solutions in Pacific, WA, is excited to announce the expansion of its offerings to better serve the neighboring communities of Auburn, Benroy, and Lakeland Hills. As demand for convenient, flexible storage continues to rise, ABC Mini Storage is responding by delivering state-of-the-art features — from heated storage units and contactless entry via a phone app to boat and RV parking — all designed to meet the diverse needs of area residents and businesses. This expansion comes at a time when more…

A New Self-Storage Facility is Being Built in North Peoria, AZ

Location: Northwest corner of Cibola Vista Drive and Lake Pleasant Parkway in north Peoria. Description: The Cibola Vista Self Storage project will be a three-story building, comprising two floors above ground and one basement level. It will have 693 storage units and a 470-square-foot office space. The facility will have office hours from 9:30 a.m. to 6 p.m., Monday through Friday, and 9:30 a.m. to 5 p.m. on weekends. Those renting a unit will have daily move-in and access hours from 6 a.m. to 9 p.m. There will be 17…

Safeguard Self Storage Expands into Connecticut with a State-Of-The-Art Facility in Stamford, CT

100% Climate-Controlled Facility Features 97,000 Rentable Square Feet with 1,215 Units Safeguard Self Storage, a leader in providing convenient and secure self-storage solutions is pleased to announce the opening of its newest facility in Stamford, Connecticut. Located in the heart of Stamford, the facility offers both residential and commercial customers an array of storage options with cutting-edge security features and customer-focused amenities. Conveniently situated at 535 Hope Street, Stamford, CT 06906, the new Safeguard Self Storage facility is designed to meet the growing demand for secure, reliable storage in the…