Inside Self-Storage

FEATURES

Public Storage Announces Rent Hike

Public Storage Inc., a self-storage real estate investment trust (REIT), will increase rental rates this year up to 8.5 percent. John Reyes, the ...read more

5 Tips for Succession Planning

All family businesses should have a solid succession plan in place, one that helps the senior generation leave with ease while welcoming the ...read more

A Little Summertime Storage Reading

Do you remember celebrating summertime as a kid, spending days lazing around doing the things you loved? For me it was lounging by the pool with my ...read more

Auctioning a Unit Without a Lease

See what Self-Storage Talk members have to say about advising a manager who can’t locate the rental agreement for a tenant in default but wants to ...read more

Planning Your Self-Storage Exit Strategy

This webinar will teach you some approaches to planning your business exit strategy, including when to divest yourself from the asset, determining ...read more

Latest Headlines

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
'Brass in Pocket'

MOST OF YOU HAVE AT LEAST VAGUE RECOLLECTION OF THIS 1979 PRETENDERS HIT IN WHICH CHRISSIE HYNDE PULLS OUT ALL THE STOPS to get her muse to see how "special, so special" she really is. She croons, "I feel inventive. I'm gonna make you notice ... I'm gonna make you see, ...More
October 1, 2002 Teri L. Lanza
Posted in Articles
SpaceControl Systems Inc.

ISS: We understand you're about to launch a new Internet-enabled product. Can you tell us about it? We're pleased with the new chapter Space Control is entering. For the past two years, we've been immersed in a new product we call NX.gen, our next-generation software. ...More
October 1, 2002
Posted in Articles
Keeping Phases Competitive

This Nationwide Self Storage facility updated its look with new landscaping, gates, signs, painted bollards and refinished metal. If you operate a facility where you have built in phases, do all your customers want to be in the new section? Are you losing customers to the ...More
October 1, 2002
Posted in Articles
$ervice$ a$ Revenue

Dear Boss,I would like to make some recommendations regarding additional services for our customers and how they might impact our bottom line. Although our original intent was to provide upscale facilities where all these services would be included, we have not been able to ...More
October 1, 2002 David and Tina Fleming
Posted in Articles
Identifying Consumer 'Wants'

GOOD MARKETING, AS EVERYONE KNOWS, IS ABOUT IDENTIFYING CUSTOMER NEEDS AND WANTS. However, if we examine this notion a little more closely, we begin to see that recognizing a need may be a whole lot simpler than distinguishing a want. Identifying wants is often what gives a ...More
October 1, 2002 Roy Katz
Posted in Articles
Offering Tenant Insurance

THERE ARE MANY DIFFERENT TYPES OF CRIME THAT CAN AFFECT SELF-STORAGE BUSINESSES: burglary, arson, vandalism, drugs and many more. With the various items tenants store in self-storage facilities, it isn't surprising break-ins and theft are one of the most significant ongoing ...More
October 1, 2002 Amy Brown
Posted in Articles
Boat and RV Storage

ONE OF THE GREATEST OPPORTUNITIES IN THE STORAGE industry these days is due to the popularity of boats and recreational vehicles. In 1997, there were 9 million RVs on the road and an estimated 25 million RV enthusiasts. In 1999, 321,000 RV units were sold in the United ...More
October 1, 2002 Robert J. Hayworth and ISS Staff
Posted in Articles
Getting Connected

EVEN THOUGH THE TITLE OF THIS ARTICLE SEEMS STRAIGHTFORWARD, there is more than enough information under the topic of communication technology to fill a university-level computer-science course. My guess would be few of us have the time or inclination to sit through a ...More
October 1, 2002 Bill Hoban
Posted in Articles, Technology
U.K. Self-Storage: Big Money Makes Even Bigger Money

IN A RECENT ARTICLE, I WROTE ABOUT THE EUROPEAN SELF-STORAGE ENTREPRENEUR'S DREAM or probable reason for investing in self-storage—to build it up and sell it. In September, Norman Galbraith and Alistair Jack realized their dream with the sale of their nine-site ...More
October 1, 2002 Andrew Donaldson
Posted in Articles, Development