• Creative Marketing Concepts: Attracting Commercial Tenants
    How much happier would you be if you had twice as many commercial tenants as you do now? My guess is quite a bit! Commercial renters stay longer and almost always pay on time. They’re also more tolerant of rent increases and are generally easier to deal with. So it makes ...More
    March 1, 2006 Fred Gleeck Posted in Articles
  • A Pair of Protective Programs
    We’re well into the first quarter of 2006, and I’m willing to bet that some of your New Year’s resolutions disappeared faster than the holiday leftovers. It happens to all of us—we make big goals to start fresh in January, and then life goes back to its hectic pace. Grand ...More
    March 1, 2006 J.R. Lewinson Posted in Articles
  • Insurance Insights: Key Provisions of Your Rental Agreement
    When you apply for insurance for your self-storage business, the insurer will usually ask for a copy of your current rental agreement. Why is this document part of the underwriting process, and what is the insurance company looking for? Key lease provisions reduce ...More
    March 1, 2006 Scott Lancaster Posted in Articles
  • Auction Rules
    It always surprises me when self-storage operators don’t have written rules about conducting their statutory lien sales. They all seem to have guidelines in mind, but very few prepare and disclose them to their auction buyers. Having a well-planned, written set of rules ...More
    March 1, 2006 Jeffrey Greenberger Posted in Articles
  • The Self-Storage Lease
    Ifit’s been awhile since you last reviewed and updated your self-storage rental agreement, you could be missing some important clauses—ones that stand between you and a lawsuit. This article addresses the types of provisions necessary in a modern-day ...More
    March 1, 2006 Jeffrey Greenberger Posted in Articles
  • The Hurricane Chronicles
    During the furious hurricane season of 2005, storage facilities across Florida, Louisiana, Mississippi and Texas sustained serious damage. Few were prepared for the level of destruction, though some had learned from past storms and were better able to handle the turmoil. ...More
    March 1, 2006 Kathleen Hardesty Posted in Articles
  • Real Estate Roundup: The Northeast
    This month, I gathered real estate experts to discuss the state of self-storage in the Northeast. Let’s hear what they have to say about their respective cities and regions. Our panel includes: Linda Cinelli, LC Realty, North Branch, N.J.; John Lisowski, Grubb & Ellis, ...More
    March 1, 2006 Michael L. McCune Posted in Articles, Finance
  • The Sweet Science of Storage
    The Sweet Science of Storage Boxing enthusiasts will be familiar with the phrase “the sweet science of bruising.” Though it’s often attributed to A.J. Liebling, a sports writer for The New Yorker from 1935 to 1963, the source was actually Liebling’s literary idol Pierce ...More
    March 1, 2006 Teri L. Lanza Posted in Articles
  • At the Car Wash: Legal Considerations for Small Business
    There’s an old joke that given the choice between hazardous-waste dumps and lawyers, most states would choose waste dumps. Isn’t it sad that the representatives of our legal system have such a poor reputation? No doubt attorneys face a public relations problem— deserved or ...More
    March 1, 2006 Fred Grauer Posted in Articles
  • Business Structures for Investment Real Estate
    A decade ago it was easy. If you were purchasing real estate as an investment, you either held it individually or as a partnership. The partnership had one of two forms: It was a general or a limited partnership. Corporate ownership of real estate was not really an option ...More
    March 1, 2006 D. Carlos Kaslow Posted in Articles