Conversions & Renovations |
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09/01/2007
- Building for Money or ‘How to Marry Rich Customers’
A friend of mind once founded a magazine for the women of Orange County, Calif., and enjoyed immediate attention and success by featuring a cover story titled, ”How to Marry a Rich Man.” Self-storage owners also like clientele who are well-to-do and have found new ways to attract them. In the beginning, it was assumed the only way to draw ...
07/02/2007
- The Math Behind the Self-Storage Makeover
Many consumers in recent years have tapped into their mortgage equity to go on home-makeover sprees. Drive through residential neighborhoods and, chances are, you’ll see trucks for remodelers, kitchen and bath firms, and construction companies dotting the streets. Homeowners make these renovations not only to enjoy their spacious new media rooms and gourmet kitchens, but to increase their home’s worth. ...
- Movin’ On Up?
Considering a conversion or facility expansion? Self-storage developers can use light-gauge structural steel mezzanines to double rentable space while also seeking to maximize property value. Existing commercial buildings are especially attractive to developers of self-storage facilities, primarily due to the reduced time and money required to meet local zoning regulations. Often, existing structures have previously complied with zoning ordinances ...
- Building Through Conversion
While self-storage conversions seem to be getting a lot of attention these days, they certainly aren’t a new idea. Since the real estate crash of the late ’80s and early ’90s, conversions have become not only a viable alternative to conventional self-storage, but in many cases, a preferable investment. There are many obvious advantages to converting an existing building to ...
- A Self-Storage Cinderella Story
With the increase of multimillion-dollar self-storage projects that feature state-of-the art security, software and amenities, owners of older properties struggle to compete for market share. The solution? Renovation—at a reasonable cost. Every property, regardless of age, can increase its curb appeal. It doesn’t matter if it’s a small project or a complete renovation, an enhancement to your facility’s appearance ...
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