Category: Sponsored

As recreational vehicles (RVs) and boats continue to surge in popularity, the need for adequate storage solutions has become increasingly important. Whether it is the allure of the open road or the call of the open water, enthusiasts are seeking convenient and secure options to store their beloved vehicles when they are not in use. In this article, we will explore the latest trends in RV and boat storage in 2023, highlighting the innovative solutions and emerging practices that are reshaping the industry. 1. Rise of Dedicated Storage Facilities: One…

When it comes to selecting your facility’s roll-up doors, accounting for wind pressure based on geographic location is important. How wind resistant your roll-up doors need to be will depend on your geographic location, as many locations have specific codes requiring their doors to withstand a minimum amount of pressure. Coastal properties are far too familiar with preparing for hurricanes and tropical depressions. As a result, states in coastal regions tend to have more stringent requirements. When strong enough, storm winds can generate major uplift indicating a significant increase in…

Following the record-breaking performance of the self-storage sector coming out of COVID-19, and the unprecedented transaction volume seen during 2021 and 2022, self storage stakeholders have been asking the question: what is next for self-storage? Will heightened investor demand for self-storage continues to fuel the sector’s capital markets? And was the operational performance we saw during the past two calendar years just a flash in the pan, or is it the new normal? Funds raised for self-storage are at an all-time high, both from private capital and institutional sources. Yet…

Rising temperatures can have significant effects on your tenants and their property in units without climate control. Repeated exposure to heat and humidity can cause irreversible damage to their possessions or create a safety concern for a tenant in an overheated unit. Facility owners can help avoid this by offering climate-controlled units. To preserve the integrity of your tenants’ stored belongings and to improve the customer experience, we recommend considering climate-controlled storage units at your facility. These specialty units are designed to regulate temperature and humidity levels regardless of the…

Summer is around the corner and boat and RV owners are making plans to get out on the water and hitting the open road. Due to the sustained popularity of RVs and boats, the demand for this niche property sector continues to surge. In fact, investors continue to invest in this category at record-high levels. Is your facility prepared to service the evolving demands and expectations of these customers? Facility design plays a crucial role in this customer segment. Boat and RV owners are all too familiar with the hassle…

  This Safeguard site, located at 3245 Hempstead Turnpike, Levittown, NY, is designed for 81,210 gross square feet/62,750 net square feet and is breaking ground in July 2023.” Levittown Location Will Break Ground in 2023; Improve Access for Long Islanders. Safeguard Self Storage is excited to announce the land acquisition and the beginning of construction for a new location on Long Island, NY in Levittown, the nation’s first suburb. The one-acre parcel was subdivided from the radiology facility property on Hempstead Turnpike and was brokered by Brian Cleva of Cleva…

Presentation on SBA SOP Changes: When the Applicant owns more than 50% of another business, the Applicant and the other business are affiliated. Does a business that owns more than 50% of the applicant also own more than 50% of another business that operates in the same 3-digit NAICS subsector as the applicant? Only when no business or individual owns more than 50% of the applicant do we look at owners that own 20% or more of the Applicant. Only when no business or individual owns more than 50% of…

This fully stabilized facility located at 7014 Gunn Highway, in Tampa, FL boasts an impressive 100,000 gross square feet or 74,500 net rentable square feet and features 789 climate-controlled units.” The Sixth Safeguard Location in Southwest Florida Opens May 12th Safeguard Self Storage is delighted to formally announce their latest acquisition of “Citrus Park” in Tampa, FL. The company was able to seize this A+ facility, off-market, within 45 days of contract signing. Safeguard’s acquisition of Citrus Park will mark its sixth operating asset in the Tampa MSA, while an…

The millennial generation is now the largest consumer group in the United States.” According to estimates, Gen Z and millennial consumers are almost twice as likely as GenX and boomer consumers to express an intention to purchase a boat or recreational vehicle. In 2021, the Boat and RV industry trade group reported that over half of all boat and RV buyers were younger than 55 years old, and more than one-fifth were between 18 and 34 years old. Millennials are expected to remain the largest consumer group for boats and…