OK, so maybe your purpose isn't as noble as Noah's was, but does that make it any less important? Not when you're talking about your bottom line. There's a lot to consider when developing or building self-storage, whether it involves conversions, retrofits or a ground-up project. There's unit mix to think about, doors, climate control, phasing, signage, landscaping--all of this after conquering the mammoth task of conducting feasibility studies, choosing a location, dealing with zoning boards and so on.
This month's issue highlights a couple of crucial issues related to self-storage construction. Dan Curtis outlines the value of building climate-control facilities in today's market, the advantages it could have, as well as some things to consider before using it. John Wilson addresses the practice of phasing on page 40, and Jim Combs sings the praises of utilizing a full-service, self-storage manufacturer/erector when building.
Also in this issue you'll find an exclusive one-on-one interview with former Storage Trust CEO Mike Burnam, who was kind enough to speak candidly with us on the topics of going public, the merger with Public Storage and his recent business venture, StorageMart. And, of interest to every self-storage owner, Carlos Kaslow discusses the lien-sale auction, which becomes a necessity, at times, when dealing with delinquent tenants.
Don't forget to check up our usual line-up of columnists: Cary McGovern makes a strong argument for the records-management business; David Wilhite shows you how to limit your liability exposures; and Jim Chiswell shares with us his "Thoughts From the Road." You'll note that Jim makes a special request in his column to assist with some research on traffic in self-storage properties. Any participation or feedback our readers can offer will be greatly appreciated.
We hope you enjoyed the San Diego breeze at last month's trade show, and look forward to your letters and e-mails until we meet again in Las Vegas in February 2000.
Best wishes until next time,
Teri L. Lanza