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  • Stock Market Falls After Grim Report on April's Retail Sales
    Economic forecasters were disappointed Wednesday when the government reported retail sales fell for the second straight month. Consumers spent less on gasoline, appliances and groceries, the U.S. Commerce Department reported. The grim news led to a sharp dive on Wall ...More
    May 13, 2009 Posted in News
  • Geithner: Bank Lending Improving
    Bank lending is beginning to improve, U.S. Treasury Secretary Timothy Geithner said on Wednesday. The U.S. government plans to reopen a $700 billion bailout fund to small banks once the larger ones repayed some of the government money they received. ...More
    May 13, 2009 Posted in News
  • Multi-Story Self-Storage on the Rise in Canada
    The self-storage industry in Canada is picking up on the U.S. trend of building multi-story sites, which maximize rentable square footage and allow a developer to build on a smaller plot of land. ...More
    May 13, 2009 Shawn Baker Posted in Articles, Construction, Development
  • Fire Breaks Out at Pittsford Mini Self-Storage
    Fire raged through Pittsford Mini Self-Storage in Pittsford, N.Y., this morning around 3:30 a.m. ...More
    May 12, 2009 Posted in News
  • Gasoline Prices on the Rise
    Gas prices are on the rise, but experts say the price won't come near last year's $4-plus a gallon. Retail gasoline prices are up nearly 40 percent from the start of the year, while the price for crude on Tuesday topped $60 a barrel for the first time since early ...More
    May 12, 2009 Posted in News
  • Free Webinar Focuses on Self-Storage Properties in Financial Distress
    The changes in the way financial institutions lend on commercial projects combined with the drop in value of many self-storage properties is causing some facility owners to be upside down in their loans. Those with a note coming due in the near future can learn about their ...More
    May 12, 2009 Posted in News, Finance, Legal Issues
  • NAR Report: Home Prices Fall 14% During First Quarter
    The national median home price of single-family homes sold during the first quarter fell 13.8 percent to $169,000 year over year, and 6.2 percent compared with the last quarter 2008, according to the National Association of Realtors (NAR). ...More
    May 12, 2009 Posted in News
  • Self-Storage Financing in Canada: Opportunities Lost and Gained
    Although interesting and trying times lie ahead, there will be unique opportunities that arise in the Canadian self-storage market. Our industry still appears to be in a relatively good position if we consider there are still many underserved markets. ...More
    May 12, 2009 Michael Foy and Jenna Charlton Posted in Articles, Finance
  • Six-Inch Cinco Bollard Cover
    Detroit-based Ideal Shield, a manufacturer of bumper-post sleeves,has released its popular 10-inch Cinco Bollard Cover in a new six-inch option. ...More
    May 12, 2009 Posted in News
  • Stamps Now 44 Cents
    The price for a first-class stamp climbed to 44 cents Monday. This is the third straight year the U.S. Postal Service has raised the price of stamps. The increase falls under a new system that allows annual increases as long as they don't exceed the rate of inflation for ...More
    May 11, 2009 Posted in News