European Business Opportunities: Self-Storage
AT FIRST GLANCE, THE ARGUMENT FOR SELF-STORAGE OPPORTUNITIES IN EUROPE LOOKS COMPELLING. With 32,000 stores in the United States but only 350 in the United Kingdom, 70 in France and so on, the European market is nowhere near as developed as in America. There is certainly an ...More
November 1, 2002 Jonathan M. Duck
Posted in Articles
Anticipating the Refinance
The fall marks the season when many people focus on time ahead. The kids are back in school, summer vacations are over, and the days are getting shorter. This is the time when I start the house projects I put off over the summer. Have you ever noticed the first 80 percent ...More
November 1, 2002 Neal Gussis
Posted in Articles,
Finance
8 Keys to Dollar Squeezing
GIVEN THIS IS THE ANNUAL FINANCE ISSUE, I FELT IT WOULD BE valuable to give you some ideas to increase your bottom line. There are only two ways to increase profits: One is to increase sales, the other is to reduce expenses. For most self-storage operators, the majority of ...More
November 1, 2002 Fred Gleeck
Posted in Articles
Finance Techniques and Alternatives
Facility owner and real estate broker C. William Barnhill did some interesting research on loans he was refinancing for his own account. I asked him to share his findings with our readers. TRADITIONAL, FIXED-RATE, COMMERCIAL BANK LOANS HAVE BEEN the mainstay for ...More
November 1, 2002 Michael L. McCune
Posted in Articles,
Finance
European Storage: Services on the Side
I HAVE A GOOD FRIEND WHO IS A REAL GO-GETTER, and generally gets what he wants. If he says "Jump," people ask, "How high?" Why? Because he's a driver who gets things done—just like an entrepreneur in self-storage who spots an opportunity and grasps it. If this friend ...More
October 1, 2002 Andrew Donaldson
Posted in Articles
The East and Northeast
Our roundtable of local experts gathered this month to discuss the East and Northeast United States. Let's hear what they have to say about their respective cities and regions. This month's brokers are: Linda Cinelli, Insignia/ESG Inc., East Brunswick, N.J.; Joe Mendola, ...More
October 1, 2002 Michael L. McCune
Posted in Articles
Mobile Maneuvers
EVER THE PAST YEAR, MOBILE STORAGE, often provided by self-storage facilities as an adjunct, is making a significant impact on the marketplace. "We are seeing a coming together of four industries--mobile storage, large 40-foot containers, public storage and moving and van ...More
October 1, 2002 Elaine Foxwell
Posted in Articles
A Complete Rental Package
AS THE ONSITE MANAGER AT A STORAGE FACILITY, YOUR MAIN GOAL is to rent those units. You should be prepared to lease the units in an orderly, timely fashion. That means having all your paperwork in order and at your fingertips. Following is a list of all the items that ...More
October 1, 2002 Pamela Alton
Posted in Articles
