News

Extra Space Storage Announces Second-Quarter 2013 Stock Dividend

The board of directors for Extra Space Storage Inc., a self-storage real estate investment trust, has declared a quarterly dividend of $0.40 per share on the common stock of the company for the second quarter 2013. This is a 60 percent increase over the dividend of the ...More

Yesterday

Posted in News, Finance

U.K. Self-Storage Industry Shows Strong 2012 Numbers Despite Imposition of VAT

Self-storage operators in the United Kingdom have effectively absorbed the impact of the 20 percent value-added tax (VAT) imposed by the government on the industry last October, according to a Self Storage Association of the United Kingdom (SSA-UK) survey. Results show that ...More

Yesterday

Posted in News

City Council Rejects Proposed Self-Storage Facility in Chippewa Falls, WI

A proposed self-storage facility in Chippewa Falls, Wis., was rejected this week by the city council. The developers asked for an empty block along Dutchman Drive to be rezoned from multi-family units to commercial property, but the council denied the special-use permit ...More

2 days ago

Posted in News, Development

Self-Storage Marketplace SpareFoot Conducts Survey on American Moving Trends

One in six American adults (16 percent) has moved within the past 12 months, with 57 percent relocating to homes within a 25-mile radius, according to a survey commissioned by SpareFoot, an online marketplace that streamlines the rental process for self-storage customers. ...More

2 days ago

Posted in News

Self-Storage Companies Offer Assistance to Oklahoma Tornado Victims

Some self-storage facilities operating in areas of Oklahoma that were ravaged by tornadoes and severe storms this week are offering affected residents temporary, free use of storage units. Among them, the U-Haul Co. of Oklahoma City is offering 30 days of free self-storage, ...More

3 days ago

Posted in News, Management

U.K. Self-Storage Operator Big Yellow Releases Fiscal Year-End Financial Results

U.K. self-storage operator Big Yellow Group PLC released financial results for its fiscal year and the fourth quarter ended March 31. Revenue for the year was £69.7 million ($105 million), which was up 6 percent over the previous fiscal year. Adjusted profit before tax was ...More

3 days ago

Posted in News, Finance

Kutztown, PA, Gets Its First Self-Storage Facility

Kutztown Self Storage celebrated its grand opening May 10, becoming the first self-storage facility to open in the borough of Kutztown, Pa. ...More

4 days ago

Posted in News, Construction, Development

Georgia Governor Signs New Self-Storage Lien Law

Earlier this month Georgia Gov. Nathan Deal signed into law Senate Bill 61, an amended self-storage lien-law bill that updates the state’s lien-auction procedures. ...More

4 days ago

Posted in News, Legal Issues, Management

Big Yellow Self Storage Employees in Swindon, England, Pedal to Fight Cystic Fibrosis

Employees of a Big Yellow Self Storage facility in Swindon, England, recently took on the challenge of cycling the distance from London to Paris to raise funds to fight Cystic Fibrosis—all on exercise bikes. ...More

4 days ago

Posted in News

City Denies Menards Self Storage Conversion Project in Janesville, WI

The Janesville, Wis., planning commission denied Menards Self Storage’s request for a conditional use permit to convert its former retail building into a self-storage facility. The commission rejected the proposal by a 5-1 vote. ...More

4 days ago

Posted in News, Construction, Development

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