Janus International Poland – Open For Business! Janus International Group, Inc. (“Janus” or the “Company”), a world-leading supplier of self-storage products and related access control technologies, is thrilled to announce the opening of its brand-new manufacturing facility in Wrocław, Poland. The investment into the state-of-the-art Polish plant marks a significant milestone for Janus and the self-storage industry in Europe. A New Trailblazing Manufacturing Plant The city of Wrocław was chosen as an ideal location to complement Janus’s existing production and distribution centre in County Durham, UK. Wrocław, a vibrant and…
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Unlocking Alternatives Report – Investing beyond the major CRE Asset Types
Exploring Alternative Investment Opportunities In recent years, alternative sectors have grown into a significant share of Commercial Real Estate (CRE) investment, totaling $289 billion in transaction volume from 2020 to 2023—a 79% increase. During that time period, 39% of capital raised has included alternatives as target sectors. Self storage is driven by a variety of factors including migration (over short and long distances) home downsizing and crossing other life thresholds (college graduation, family formation, marriage and death). Exogenous events, such as the COVID-19 pandemic, can also spur substantial growth in the…
StoreEase and Reliant Announce Expansion of StoreEase SaaS (Software-as-a-Service) Platform
StoreEase and Reliant (DBA Midgard) announce an expansion of StoreEase’s Virtual Technology solution after a short pilot period that began in October. The expansion is based on utilizing a hybrid approach with Midgard’s Virtual Managers® positioned to answer phones and proactively greet customers at the property level through StoreEase’s proprietary hardware and software. Virtual Managers are supported by physical managers roaming multiple properties completing daily back-end tasks. Todd Allen, Managing Principal for Reliant stated, “We are excited to expand Virtual Management as a tool to our Midgard Self Storage Portfolio.”…
Can You Get 70,000 Square Feet of Single-Story Self-Storage on 4 Acres? – by Marc Goodin, CEO of Storage Authority Franchise (Civil Engineer by Trade)
Yes, you can, on the perfect site if there are no tough zoning or design requirements! How do I know? I just did this sketch on a piece of scrap paper. To get to 73,750 gross square feet (59,000 Net Rentable Square Feet) of single-story self-storage, I made several assumptions as follows: This means the site is flat so you do not need to area for grading to level the site. The parcel needs to be as square as possible so no wasted land. In this case 410’ by 425’…
Safeguard Self Storage Adds 26,400 Square Feet to it’s Seffner, Florida Location to Accommodate Outdoor Parking Demand
Safeguard Self Storage is pleased to announce the successful completion of a significant parking expansion project at its Seffner location. The expansion, part of Safeguard’s commitment to meeting the evolving storage needs of the community, added 53 new parking spaces, enhancing the facility’s capacity, and offering convenient options for residents in Seffner and the surrounding areas. Situated at 1615 South Kingsway Road in Seffner, Florida, the Seffner Safeguard Phase II now features an impressive total of 26,400 net rentable square feet dedicated to parking, offering various sizes, including 12.5 x…
Smart-Access Technology: A Self-Storage Revolution
There’s a revolution taking place all over the world – a smart revolution. We are increasingly using smart devices for everything from food shopping to job interviews to following our favorite sports teams. And nowhere is this revolution more obvious than in the world of self-storage. Smart access is changing the way owner-operators do business, it’s overhauling the tenant experience, and it’s revolutionizing the entire self-storage industry, creating many more opportunities for increased revenue. Smart solutions utilize cutting-edge technology to create a self-storage experience that benefits both owner-operators as well…
Safeguard Self Storage Opens Eight-Story, State-Of-The-Art Self Storage Development in Yonkers, NY
Safeguard Self Storage is excited to announce the opening of its newest facility in the lively Ludlow section of Yonkers. Safeguard welcomed the public on October 25, 2023, showcasing its dedication to excellence and commitment to serving the Yonkers community and its neighbors. Ken Finlay, chief operating officer at Safeguard Self Storage, expressed his enthusiasm, “This is a beautiful facility that is truly extraordinary. It stands as a testament to our commitment to providing top-notch storage solutions to the communities we serve.” Stan Bonilla, senior vice president of development at…
It’s Time to Find a Chair! – By Ben Vestal, President & CEO of Argus
For the last several months the industry has been abuzz about the uncertainty in the real estate markets. In this high-stakes game of musical chairs, NOW is the time to find a chair before the music stops, bringing to an end high real estate prices and available financing. This is the time for serious analysis of your personal objectives and options because the real estate and credit markets are likely to severely limit your options and outcomes. By most measures, the self-storage rental business is reasonably steady, but not as…
Newark Self-Storage Facility Lands $19 Million Construction Loan
JLL Capital Markets led the financing efforts for 305 Wilson Avenue, a to-be-built, 1,332-unit self-storage facility in the Ironbound District of Newark, New Jersey” JLL Capital Markets announced that it has arranged $19 million in construction financing for 305 Wilson Avenue, a 1,332-unit self-storage development in Newark, New Jersey. JLL worked on behalf of the borrower, a joint venture between CrownPoint Group and Lamar Companies, to secure the construction loan through Provident Bank. 305 Wilson Avenue, which formerly housed an auto salvage facility, will be a newly constructed, six-story self-storage…
It’s Halloween Season – Is Your Facility Spooky?
Having a spooky yard this time of year is great. But a spooky self-storage facility, not so much. If the upkeep of your self-storage facility is giving you more tricks than treats, Janus R3> and the Nokē Smart Entry system have the solutions to transform your facility from underperforming to thriving.” Having a spooky yard this time of year is one of the things that makes the Halloween season so much fun. Having a spooky self-storage facility, however, is not something to aspire to. And we’re not talking 12-foot…