{"id":7109,"date":"2024-09-02T18:42:13","date_gmt":"2024-09-02T18:42:13","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=7109"},"modified":"2024-09-16T08:56:54","modified_gmt":"2024-09-16T08:56:54","slug":"go-store-it-and-storeease-tout-success-of-virtual-management-partnership","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/go-store-it-and-storeease-tout-success-of-virtual-management-partnership\/","title":{"rendered":"Go Store It and StoreEase Tout Success of Virtual Management Partnership"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img loading=\"lazy\" class=\" wp-image-7110 alignleft\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2024\/09\/StorEase-Virtual-Manager_Article.png\" alt=\"\" width=\"199\" height=\"333\" \/><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Go Store It Self Storage and StoreEase announce outstanding operating results for the strategic partnership\u2019s virtually managed self-storage facilities.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">In the second quarter, the 37 select sites saw a more than 9% increase in revenue and an 11.5% gain in net income compared to Q2 2023. Additionally, 2,643 new customers moved into virtually managed properties, with at least 60% interacting with a Go Store It Virtual Manager\u00ae before renting. The average size of the 37 facilities was 565 units.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\">\u201c<span style=\"font-size: medium;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Our results underscore the success of our collaboration with StoreEase,\u201d said Beau Agnello, COO of Go Store It. \u201cThis partnership allows us to redefine the customer experience and operational efficiency in the self-storage industry.\u201d<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">StoreEase and Go Store It partnered last year to implement a state-of-the-art Virtual Technology Platform as a SaaS \/ white label solution. The initial rollout consisted of 11 properties in North Carolina and South Carolina, with Go Store It deploying Virtual Managers to facility offices via StoreEase\u2019s patented Virtual Counter\u00ae hardware.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">These Virtual Managers interface with StoreEase\u2019s Virtual Management Operating System (VMOS) to deliver front-end, virtual customer-facing operations, supported by physical managers handling daily back-end tasks.<\/span><\/span><\/span><\/p>\n<p><img loading=\"lazy\" class=\" wp-image-7111 aligncenter\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2024\/09\/GoStorIt-Image.png\" alt=\"\" width=\"556\" height=\"196\" \/><\/p>\n<p style=\"text-align: center;\"><em><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">The revenue growth reflects the demand for self-storage services and the effective implementation of virtual strategies. The net income improvement is primarily attributed to enhanced operational efficiency, exceptional management, and strategic cost management practices.<\/span><\/span><\/span><\/em><\/p>\n<p><span style=\"color: #222222;\">\u201c<span style=\"font-size: medium;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">This is game-changing data for properties of all sizes running virtually,\u201d said Josh Boyd, CEO of StoreEase. \u201cWhen you can optimize payroll through technology and still drive revenue at scale, you crack the code for the self-storage industry.\u201d<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><b><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">About Go Store It<\/span><\/span><\/b><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Based in Charlotte, North Carolina, Go Store It is an affiliate of Madison Capital Group specializing in the acquisition, development, and management of self-storage assets throughout the United States. As of June 30, 2024, the company manages and is constructing more than 6.5 million square feet of storage space.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><b><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">About StoreEase<\/span><\/span><\/b><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">StoreEase is a leading provider of innovative virtual technology solutions focused on empowering organizations to optimize their investments through greater operational efficiency. With a commitment to intentional innovation, excellence, and customer satisfaction, StoreEase continues to develop cutting-edge hardware and software solutions that drive success for owners and operators across the self-storage industry.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><i><u>Media contact<\/u><\/i><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">:<br \/>\n<\/span><\/span><\/span><span style=\"font-size: medium;\"><b><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Thornton Kennedy<br \/>\n<\/span><\/span><\/b><\/span><span style=\"font-size: medium;\"><a href=\"mailto:thornton@prsouth.net\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"text-decoration: underline;\"><strong>thornton@prsouth.net<\/strong><\/span><\/span><\/span><\/a><br \/>\n<\/span><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Mobile:<\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"> 404 210 0363<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Go Store It Self Storage and StoreEase announce outstanding operating results for the strategic partnership\u2019s virtually managed self-storage facilities. In the second quarter, the 37 select sites saw a more than 9% increase in revenue and an 11.5% gain in net income compared to Q2 2023. Additionally, 2,643 new customers moved into virtually managed properties, with at least 60% interacting with a Go Store It Virtual Manager\u00ae before renting. The average size of the 37 facilities was 565 units. \u201cOur results underscore the success of our collaboration with StoreEase,\u201d said&hellip;<\/p>\n","protected":false},"author":13,"featured_media":7110,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[56],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/7109"}],"collection":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/comments?post=7109"}],"version-history":[{"count":2,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/7109\/revisions"}],"predecessor-version":[{"id":7114,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/7109\/revisions\/7114"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/7110"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=7109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=7109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=7109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}