Category: Sponsored

Local acquisition of Jane Self Storage is bringing professional self-storage management to the city of Jane. The facility is located at 41 Missouri Lane Jane, MO 64856. This facility is comprised of 277 units totaling 60,955 rentable square feet, providing safe and secure climate-controlled, non-climate, and parking unit options to the local communities of Bella Vista, Pineville, and Bentonville. The ownership group has contracted with Absolute Storage Management (Absolute) to provide professional self-storage management services and the facility is officially under Absolute’s management as of 3/27/2023. If you would like…

The SBOA will be at the ISS World Expo April 11-14 in Las Vegas. Be sure to stop by booth #357, say hello, and spin the prize wheel! See all our upcoming events here: https://thesboa.com/upcoming-events/   Featured Listing from List Self Storage: Brunswick Climate Controlled Storage_125 Scranton Connector_Traditional Site_Brunswick, GA

HELOX represents our commitment to continued unit-level security innovations; The changing demographics in storage unit tenants and the demand for simplified shareable key offerings require solutions that provide both elevated security and user convenience. This lock provides both.” PTI Security Systems™, part of ASSA ABLOY and the global leader in access control technologies for the self storage industry, announced today a new product in its security arsenal that merges the strength of fortified steel with keyless Bluetooth technology. The HELOX padlock offers self storage operators and tenants an easy-to-use, almost…

Nine self storage properties are successfully facilitated Storage Exchange announces the closing of nine self storage properties in Q1 2023, comprising over 269,000 NRSF. These properties are located in Texas, Arizona, and Louisiana. Ideal Self Storage: Located in Central Texas, this 6-property portfolio contains 155,765 rentable sq. ft. The portfolio’s 24.05 acres are well-positioned in the trade area. Liam Duddy, Director of Investment Sales for Storage Exchange, facilitated the sale of all 6 locations. Xtra Space Self Storage: Located near Prescott Regional Airport in Chino Valley, AZ, the 48,475 sq.…

With the sector’s strong fundamentals, we expect to see continued growth, investment, and a surge of acquisitions throughout 2023” Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, released its U.S. Self Storage Performance Quarterly (SSPQ) report, measuring the health of more than 19,000 self storage facilities in the country’s 50 largest Metropolitan Statistical Areas (MSAs). Despite physical occupancy of non-climate-controlled self storage units declining by -1.0% year-over- year (YOY) nationwide, the self storage sector saw a 7.4% uptick in asking rental rates and 5.7% increase in…

  We are very excited about this unique opportunity and look forward to providing the same excellent customer service and experience that has been the hallmark of our business since its inception” – Amber Tyson, Chief Operating Officer Absolute Storage Management (Absolute) is excited to announce the expansion of its management services into two new states in the first quarter of 2023: Arizona and Colorado. Entry into Arizona and Colorado officially marks Absolute’s presence in the western region of the United States. Chief Operating Officer, Amber Tyson is quoted saying,…

Facility owners who’ve implemented Nokē Smart Entry have seen 85-95% fewer insurance claims on Nokē units.” Have you realized the type of locks you allow on your unit doors say a lot about your facility and the content inside each unit? All it takes is a thief or competitor to visit your property and walk around the site a couple of times to fully map your facility. Not only will they easily know which units are vacant, occupied, and past due, but they’ll also have a reliable judgment of which…

  Las Vegas Executive Workshop $1,490 – includes April 14 Executive Workshop + ISS Expo Package (April 12-13). Toy Storage Nation, in partnership with Inside Self Storage, is hosting a one-day Executive Boat & RV Workshop at the ISS World Expo. Best Practices for Executive RV & Boat Storage Facilities Workshop April 14 / Las Vegas / Caesars Forum Conference Center View Agenda Questions? Call Amy Bix @ 602-909-3910 REGISTER HERE Click “Attendee Registration” at Top Right of Page Select “Expo Package” option Complete profile and demographics information Select “continue” on…

A small self storage facility can be a profitable investment option when it is managed well. If your property (or future property) is between 5,000 – 15,000 square feet, 100 units or less and generating $50,000-$60,000 in gross annual revenue, it may be beneficial to explore management options outside of a traditional full-time employee. Listed below are six alternative methods to successfully manage smaller facilities, while simultaneously increasing cash flow potential: 1. Manage the property as a satellite location to an existing facility. Assuming you already own a facility in…