Category: Sponsored

Today’s real estate markets, including self-storage, are slower than in years past. Much of what you hear today is all about interest rates and what the Fed is going to do next. Sellers are hoping to get yesterday’s prices and most of the buyers today tend to be very experienced self-storage owners/operators who are being much more disciplined with their underwriting. Thus, the market for buying and selling self-storage is slower and more difficult these days. How long will it last? History tells us that real estate cycles are almost…

Storage doors are a key component of any self-storage facility, and their maintenance is crucial for smooth operations, safety, and customer satisfaction. Since they’re among the first things customers notice, well-maintained doors create a positive impression, while neglected ones can deter potential clients. Caring for your storage doors ensures longevity and safety, protecting both your investment and tenants. Why Maintenance Matters Beyond aesthetics, functional doors enhance customer experience by making units easy to access. Proper maintenance can also prevent accidents caused by heavy or faulty doors. Additionally, clean, well-functioning doors…

For individuals and investors looking to maximize the use of their vacant land or buildings. Storage Authority Franchise, a leading operator of self-storage facilities, that helps busy professionals find land, get approvals, get developed and run a first-class facility has introduced a complimentary land-review program. This initiative aims to help determine whether a piece of land or an existing structure is suitable for a self-storage project, providing valuable insights that could save thousands of dollars in feasibility studies. The Challenge of Feasibility Studies Traditional industry feasibility reports can be costly,…

JLL Capital Markets led the financing efforts for Raymer Self Storage, a fully entitled self-storage development in California’s San Fernando Valley JLL Capital Markets announced today that it arranged an $18.2 million construction loan for the development of Raymer Self Storage, a fully entitled, 65,220-rentable-square-foot self-storage facility in Van Nuys, California. JLL worked on behalf of the borrower, LaTerra Development, to secure the two-year construction loan through Calmwater Capital, LLC. Due for completion in 2025, Raymer Self Storage will replace an existing warehouse and industrial building on a 1.19-acre site…

In the self-storage industry, maintaining an attractive and secure facility is crucial to attracting and retaining customers. Today’s consumers seek not only a safe place to store their valuables but also a well-maintained environment that gives them peace of mind. Renovations, such as installing new unit doors, enhance both the appeal and safety of the facility. And when you take advantage of a tax strategy called cost segregation it can significantly offset these expenses. Understanding Cost Segregation Cost segregation is a tax strategy that allows building owners to accelerate depreciation…

Storage Authority Franchise is the only self-storage franchise in the U.S., offering unparalleled support in development, operations, and sales & marketing, ensuring your success every step of the way. With our unique Dynamic Ease Development Guidance, Operations, and Sales & Marketing Platforms, plus access to a vast network of approved vendors, we provide the tools and expertise to outperform the competition. We are the Authority in Self Storage! No one is with you every step of the way like we are for Development – Operations – Sales & Marketing. Check…

JLL Capital Markets announced that it has arranged refinancing for Storage King USA – Fort Myers Highway 80, a 633-unit self-storage facility in Fort Myers, Florida. Working on behalf of Andover Properties, JLL secured a five-year loan from Choice Bank. The proceeds will refinance the existing loan and fund Phase II development, adding 89,721 square feet of additional storage space. Located at 11351 Palm Beach Blvd., Storage King USA benefits from high visibility with over 30,000 vehicles passing daily. Fort Myers is experiencing rapid population growth yet remains underserved in…

Absolute Storage Management (Absolute), a leading third-party management company for self-storage facilities in the United States, announced operating results for the three months ended June 30, 2024. 2024 Highlights for Three Months Ended June 30, 2024: Increased same-store revenue by 1.7% vs. the same period in 2023 Recognized as Inside Self Storage (ISS) Best of Business Acquired four (4) management contracts: one (1) operating facility and three (3) facilities at the completion of construction 2024 Highlights for Six Months Ended June 30, 2024: Increased same-store revenue by 1.3% vs. the…