• Due Diligence and Risk Management
    Risk management in self-storage acquisitions always begins with proper due diligence— research that informs a buyer of financial and market risks. Buyers of self-storage properties should know that sellers or agents are looking to make the most money possible, which may ...More
    February 1, 2007 RK Kliebenstein Posted in Articles, Development
  • FACILITY SPOTLIGHT
    Twin Arch Self Storage is a well-established family-owned facility in Mount Airy, Md. The store’s location—close to new upscale residences in a growing community near military bases—couldn’t be more ideal. As an added bonus, the nearest large competitor is more than 20 ...More
    February 1, 2007 Elaine Foxwell Posted in Articles
  • Cost-Effective Conversions
    Existing commercial buildings are especially attractive to developers of self-storage facilities, primarily because investors know they can avoid spending unknown amounts of time and money to meet zoning regulations. Most existing structures have previously complied with ...More
    February 1, 2007 Charles H. Cordes Posted in Articles, Construction
  • Adventures in Storage
    ...More
    February 1, 2007 Posted in Articles
  • ISS FLASH REPORT
    The El Paso metropolitan statistical area is in Texas’ western-most point, neighboring New Mexico to the north and west; and the Rio Grande, the U.S-Mexican border, to the south. With its proximity to Mexico, linked by five international bridges, El Paso is a transportation ...More
    February 1, 2007 Self-Storage Data Services Inc. Posted in Articles, Development
  • SPEAKING OF SALES ...
    In the time it takes you to read this sentence, a customer or a prospect has already decided if you’re likeable and perhaps trustworthy—or if you might be an idiot. We all do this when we’re dealing with servicepeople. Like it or not, you are a serviceperson. Maybe you call ...More
    February 1, 2007 Tron Jordheim Posted in Articles
  • Self-Storage 2006 in Review
    How well did self-storage perform in 2006 compared to other types of real estate? If you’re an owner, you know how well you did last year, but how did you compare to everyone else? Here is a look at the status of self-storage and its changes over the past year—changes that ...More
    February 1, 2007 Charles Ray Wilson Posted in Articles, Development
  • ON THE RECORD
    Today’s business challenges mean we can never sit still, not even for a second. We’ve all heard the expression: “Snooze—you lose.” It couldn’t be any truer than now. Customers demand more but seem to want to pay less. In truth, they don’t necessarily want to pay ...More
    February 1, 2007 Ian Thomas Posted in Articles
  • MANAGING FOR DOLLARS
    It’s no secret that each storage unit at any facility is considered the inventory of the business. It’s the income-producing real estate. Managers inventory units to make sure they’re aware of who’s in, out, paid or not paid, etc. This system enables them to manage ...More
    February 1, 2007 Linnea Appleby Posted in Articles
  • PRODUCTS & SERVICES
    If you have a product or service you would like featured in this section, e-mail detailed information and a high-resolution digital photo, if available, to storagenews@vpico.com. Extreme CCTV WZseries Product Family Extreme CCTV announces the WZseries product family, a new ...More
    February 1, 2007 Posted in Articles