News

Self-Storage REIT CubeSmart Names Marr to Succeed Jernigan as CEO

Christopher P. Marr has been named the successor to Dean Jernigan as chief executive officer of CubeSmart, a self-storage real estate investment trust (REIT), beginning Jan. 1, 2014. Marr currently serves as the company’s president, chief operating officer and chief ...More

February 21, 2013

Posted in News, Management

‘Storage Wars’ Star Mark Balelo’s Death Ruled a Suicide

The death of Mark Balelo, an auction-house owner who appeared as a buyer on A&E’s hit reality TV show “Storage Wars,” has been ruled a suicide by the Ventura County, Calif., medical examiner's office. Balelo, 40, died of carbon-monoxide poisoning after inhaling ...More

February 21, 2013

Posted in News, Legal Issues

Storage Post Self Storage Collects 900 Coats for NY and NJ Charities, Hurricane Sandy Victims

Self-storage operator Storage Post Self Storage took an active role in assisting New York and New Jersey's victims of Hurricane Sandy by participating in local charity coat drives. The company collected more than 900 gently used coats during November and December. ...More

February 21, 2013

Posted in News, Management

StorageMart Buys 5th Self-Storage Facility in Montreal Market

Self-storage operator StorageMart has purchased a facility in Laval, Quebec, Canada, comprising 29,075 rentable square feet in 484 units. Formerly known as Multi Espaces Entrepots, the property has been rebranded under the StorageMart name. ...More

February 20, 2013

Posted in News, Real Estate

Women-Owned Self-Storage Facility in Bahrain Continues to Blossom

Bahrain’s first self-storage facility, A2D Storage, started more than two years ago by three female entrepreneurs, is thriving in the community of A’ali. Dalal Bucheery, Doa'a Essa Abdul Wahab and Alia Murad were close friends who had previously worked together when they ...More

February 20, 2013

Posted in News

U.K. Self-Storage Operator Lok’nStore Attributes Financial Gains to VAT

U.K. self-storage operator Lok’nStore Group PLC announced financial results for the first half of its fiscal year, which ended Jan. 31. Revenue during the period increased 2.2 percent from the previous year, and occupancy rose 6.1 percent year over year. The company ...More

February 19, 2013

Posted in News, Finance

Self-Storage Owners Honored for Longtime Community Service in Port Neches, Texas

Self-storage owners James and Nell Sheppard were recently honored for their longtime service to the community of Port Neches, Texas. Long before the couple opened Sheps Self Storage, they were well-known for running an iconic burger joint called Sheps Drive-in. ...More

February 19, 2013

Posted in News

U-Haul Purchases Self-Storage Facilities in Louisiana and Michigan

The U-Haul Co. recently purchased two self-storage facilities comprising more than 127,000 square feet of net rentable space in 1,020 storage units. The facilities are in Louisiana and Michigan. No financial terms were disclosed. ...More

February 18, 2013

Posted in News, Real Estate

A-1 Self Storage Donates Money to Saint Madeleine Sophie’s Center

California self-storage operator A-1 Self Storage recently donated money to Saint Madeleine Sophie’s Center (SMSC), a non-denominational, vocational day program in El Cajon, Calif., that serves more than 400 adults with developmental disabilities. ...More

February 18, 2013

Posted in News, Management

Self-Storage Operator Stor-All Storage Adds ‘Personal’ Touch to New Branding Slogan

Stor-All Systems Inc., which operates self-storage facilities under the Stor-All Storage name, has launched a rebranding campaign using the new tagline, “Personally Yours.” The slogan has been added to the traditional purple-and-green Stor-All logo and will stand alone on ...More

February 15, 2013

Posted in News, Management, Marketing

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