News


  • Mele Named Top Agent at Marcus & Millichap
    Marcus & Millichap has named Michael Mele, vice president of investments, as the firm’s top self-storage agent for 2008. In 2008 alone, Mele and his team closed 24 separate transactions, comprising 36 properties involving 16 different buyers. His group ...More
    February 4, 2009 Posted in News, Real Estate
  • Banks Still Lending Says American Bankers Association
    America's banking institutions haven't halted all lending, according to a letter to the editors of The Wall Street Journal. It appeared in the Feb. 2 issue and was submitted by Ed Yingling, president and chief executive of the American Bankers Association in Washington, ...More
    February 3, 2009 Posted in News, Finance
  • Technology May Be Able to Help Cash-Strapped Retailers
    Can IT best practices and retail-specific technology applications help U.S. retailers weather the recession? Retailers spend just 2.9 percent of revenue on IT, according to recent survey data. Contrast that with the finance and banking category, which spends 7.7 percent of ...More
    February 3, 2009 Posted in News, Management, Technology
  • Infinite Self Storage Obtains $9.9M Construction Loan
    Oak Brook, Ill.-based Leaders Bank has extended a $9.91 million acquisition/construction loan for the Infinite Self Storage facilities in Bolingbrook. The loan was arranged by Chris Cernek, Jason Welch and Hugh Franklin on behalf of the borrow, an entity related to ...More
    February 3, 2009 Posted in News, Real Estate
  • Kirk Takes the Reins at Extra Space Storage Inc.
    Extra Space Storage Inc. announced a realignment of its executive management team. Kenneth M. Woolley, the company's chairman and chief executive officer, turns over the reins to current president, Spencer F. Kirk.Woolley, who founded the company in 1977, will leave his ...More
    February 3, 2009 Posted in News
  • Royal Wolf Acquires Ace Containers
    Royal Wolf, a leading provider of storage containers in Australasia, announced the acquisition of Ace Containers, a prominent supplier of storage facilities and containers for more than 10 years. By acquiring Ace Containers, Royal Wolf expands its customer base, ...More
    February 3, 2009 Posted in News
  • Endthoff Honored for Firefighting Career
    According to the Beloit Daily News, Capt. Wayne Endthoff ended his 25 years of service to the Beloit, Wis., fire department with a retirement party in his honor. Surrounded by family, friends and co-workers, Endthoff, 52, celebrated the rewards and challenges of his years ...More
    February 3, 2009 Posted in News
  • Richard D. Minker Co. Changes Name and Company President
    The Richard D. Minker Co., a real estate brokerage firm based in Fort Worth, Texas, has changed its name to MINKERTrahant & Associates to reflect changes at the company. ...More
    February 2, 2009 Posted in News, Real Estate
  • Westy Storage Centers Supports Fire Victims, Collects Books for College Sale
    In response to a fire that recently destroyed the homes of 13 families in Danbury, Conn., Westy Storage Centers has donated six storage units to house the goods being collected by volunteers for the victims. The company's Chatham facility is also collecting books for the ...More
    February 2, 2009 Posted in News
  • Jim Clemmensen Named MiniCo Senior VP
    Hardy Good, chairman and CEO of MiniCo Inc., has announced the promotion of Jim Clemmensen to senior vice president, insurance operations. He will be responsible for executive management of MiniCo Insurance operations and development of new frontline opportunities. ...More
    February 2, 2009 Posted in News