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  • Self-Storage Yellow Pages Advertising in Troubled Times
    Sue Weinman of Michaels Wilder Inc. advises self-storage operators to take advantage of the downturn in the economy and negotiate better deals with Yellow Pages advertising reps. By no means should marketing come to a halt for self-storage owners during tough times. ...More
    February 17, 2009 Sue Weiman Posted in Articles, Marketing
  • Facility Spotlight: A+ Storage Opens in the Heart of Nashville’s Music Row
    Two ex-musicians transformed an old Tennessee warehouse into a state-of-the-art, two-story self-storage facility: A+ Storage, in the heart of Nashville’s Music Row. ...More
    February 17, 2009 Mary Ann Diehl Posted in Articles
  • Japan Grapples With Falling Economy
    The Japanese may be looking for its own economic stimulus plan as the country's economy falls to its lowest state since the first oil crisis in 1974. Japan has not suffered much directly from the bursting of bubbles in U.S. credit and housing markets, but its heavy ...More
    February 16, 2009 Posted in News
  • 21 Storage Units Robbed in South Carolina
    The Horry County Police Department in Conway, S.C., are investigating a series of break-ins at a local self-storage facility. According to a news release, officers responded Friday to Extra Room Self Storage in the Myrtle Beach area in reference to burglaries of storage ...More
    February 16, 2009 Posted in News
  • Late Fee Dilemma
    Deb T initiated an interesting discussion on Self-Storage Talk about late fees—specifically how much should you charge and when. While a few facilities overlock on the 6th day after a missed payment, many wait 30 or more days. The fees also run the gamut, from the simple ...More
    February 16, 2009 Amy Campbell Posted in Blogs
  • Concerns About Stimulus Package Continue
    While President Obama is expected to sign historic legislation tomorrow, earmarking billions to jumpstart the failing American economy, many Republicans still believe the stimulus packaged will fail to do its job. Obama's advisors, on the other hand, are kicking the public ...More
    February 16, 2009 Posted in News
  • The Self-Storage Valuation Process
    In these challenging times, even if a self-storage buyer and seller agree on the value of a facility, unless the buyer can pay cash at the agreed on price, there may be a third party to consider into the equation—the lender. There are two methods in the self-storage ...More
    February 16, 2009 Dale C. Eisenman Posted in Articles, Finance, Real Estate
  • Supplier Spotlight: Empower Software Technologies
    Software plays an important role in running a self-storage facility successfully, providing thorough recordkeeping and tenant status information. Under the Empower Software Technologies' umbrella, Storage Commander continues to bring new technology to forefront, featuring ...More
    February 15, 2009 Posted in Articles, Technology
  • Strategic Storage Trust Acquires Three Self-Storage Facilities for $9.9M
    Strategic Storage Trust Inc. (SSTI) finalized the $9.9 million acquisition of three high-profile self-storage facilities in busy traffic corridors in the greater metropolitan area of Cincinnati. Completing the purchase of the three Best Self-Storage properties brings an ...More
    February 13, 2009 Posted in News, Real Estate
  • When to Hire a Self-Storage Real Estate Broker
    In this tumultuous real estate market, using the services of an experienced, third-party intermediary is more vital than ever. Acquiring qualified buyers for self-storage properties has become more difficult as buyers have become much more selective, scrutinizing every ...More
    February 13, 2009 Michael Mele Posted in Articles, Development, Finance, Real Estate