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Establishing a Self-Storage Stimulus Plan for Tenants

Jim Chiswell Comments
Continued from page 1

Safe Travels, Sir

No matter your religious background, you have to admire a man who is willing to put his successful business life on hold for three years while he takes on a mission for his church. I am referring to the commitment recently announced by Ken Woolley, chairman and CEO of Extra Space Storage Inc., who left his position on April 1. The company's board of directors voted to elevate the current president, Spencer F. Kirk, to succeed Woolley as chairman and CEO.

Woolley founded the Salt Lake City-based company in 1977. He is considered a visionary in the self-storage industry for his leadership and management skills in building Extra Space from a small, private company to the second largest owner/operator in the United States and one of the largest self-storage enterprises in the world. Extra Space currently operates 654 self-storage properties in 34 states and Washington, D.C., with approximately 450,000 units and nearly 50 million square feet of space.

I admire the personal and professional commitment Ken is making and the example of putting other’s needs before his own that he is showing us all.

 Self-Storage Talk Continues to Grow

The commitment from Inside Self-Storage in creating Self-Storage Talk, which is well above 2,000 online members, is paying big dividends to managers and owners from every corner of the United States and around the world. The positive atmosphere is maintained by a host of moderators who are also making a personal commitment to policing the site for any rule infractions.  

There is no other resource where you can review past and current posts and provide your own perspective on the issues others are dealing with day-to-day. And the price is right—FREE. A stimulus brought to you by ISS.

If you have not taken advantage of this outstanding resource, log into and become a new member of this dynamic online self-storage community. I’ll be looking for you. I’m MisterJim444.
On a Personal Note

Many of you who know me personally know I am a proud grandparent. Back in February, our daughter, Alyssa, and her husband, Jim, were blessed with a second son. Nathan Sydney Vercellotti weighed 7 pounds, 3 ounces and was 19.5 inches long. His grandpa got to see him when he was only minutes old. This is such joyful time in my life and I just had to share it publicly. Welcome to our world, little Nathan! 
 Jim Chiswell is the owner of Chiswell & Associates LLC. Since 1990, his firm has provided feasibility studies, acquisition due diligence and customized manager training for the self-storage industry. He has served for a number of years on the Inside Self-Storage Editorial Advisory Board, is a moderator on the  interactive online community and is faculty member of the Self-Storage Training Institute. He can be reached at 434.589.4446; e-mail; visit

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