Category: Resources

If you talk to anyone in the storage industry, they will tell you that they have never seen a market as hot as this one. Existing facilities are full, rents are rising, cap rates are at historic lows and every supplier is so inundated with orders that they cannot keep up. The word ‘unprecedented’ has been used an unprecedented number of times in the last 16 months, but there is no better word to describe the self storage market – what is happening right now is unprecedented. The best advice…

Sentiment for self storage assets is largely optimistic as record-low vacancy and rising property values bolster investor confidence. Over 400 market participants offered their perspective on where they think the industry is headed over the next 12 months including insights on a host of trends impacting the industry.

The COVID-19 pandemic changed the way we live and work and the self storage industry has been no exception. As communities across the nation emerge from the pandemic, it’s becoming clear that many of the changes within our industry are here to stay, including: Contactless rentals — E-commerce and online purchasing kicked into high gear during the pandemic. In self storage, tenants embraced contactless rentals and digital payment routines and now expect the ability to complete self storage transactions online. In the future, owners and operators need to prioritize streamlined…

Self-Storage Consulting Group, based out of Mesa, Arizona, saw the opportunity for self storage in a growing area centered on new development in Brighton, Colorado. With a Top Golf, Home Depot and Costco all within minutes of their facility, they knew being on the main road would give Fortress Self Storage the attention it deserved in the growing market. Fortress Self Storage was determined to find a way to set themselves apart in the sea of new development and they did just that by offering Smart Self-Storage units to their tenants…

National Storage Affiliates Trust (“NSA” or the “Company”) (NYSE: NSA) today announced that the Company will be added to the S&P MidCap 400 Index effective prior to the open of trading on Friday, May 14, 2021. Tamara Fischer, President and Chief Executive Officer, commented, “We are pleased to have National Storage Affiliates gain inclusion on the S&P MidCap 400 Index. The move to the MidCap 400 index from the SmallCap 600 index acknowledges the exceptional growth NSA has realized over the past few years. We look forward to continuing to…

Website design is important for the self storage industry. An effective website should be built with a sound technical build-out. This provides a foundation for success and gives you a solid base to build off of as you progress through the website design process. Sound Technical Build-Out The technical aspect of your website should not be ignored! Your goal should be to prioritize page speed, security and device compatibility or responsiveness. Your website CAN’T be slow when loading content or pages for a few reasons: Your visitors will become frustrated…

Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) portfolio company Janus International Group, LLC (“Janus” or the “Company”), a leading global manufacturer and supplier of turn-key building solutions and new access control technologies for the self storage industry, announced today that two of the largest independent self storage owner operators in North America have signed agreements to implement its Nokē® Smart Entry (“NSE” or “Nokē”) smart access control and security solutions. Strat Property Management, Inc., (“SPMI”), a real estate and management firm primarily focused in the self- storage and…

While most of us attribute spring cleaning to things around the house, it is just as important to do the same with your business. That is why we put together a quick and easy-to-implement checklist to help you freshen up your online presence. 1. Clean up Directory Listings Online, hundreds of directories list your business information like Google My Business, Foursquare and Yelp. If you’re not supplying the information they list, many use an algorithm that pulls data from wherever they can find it. This can lead to incorrect and…

StorQuest Self Storage, the premier national self storage brand known for its innovative operating platform and loyal customer base, just crossed an important milestone by opening its 200th location. “We’re incredibly proud to be 200 StorQuest locations strong,” said founder and CEO Bill Hobin. “But I’m even more proud of the nearly 500 members of our team spread across the country who create an awesome experience for our guests and partners, and deliver excellent results to our investors.”   Hobin also attributed his company’s success to its unique “best of…