StorageTreasures Gets New Investors and Strategic Partners

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StorageTreasures.com, an online resource for seekers of self-storage auctions, has entered an agreement to receive investment funding and advisory services from three partners: A-1 Self Storage, RESCO Self Storage and Stor-All Storage. Executive managers from each company will also serve on the StorageTreasures Board of Directors.

“It’s no secret that technology is playing an ever-growing role in how we operate and market our facilities, and now that trend is changing the industry’s approach to storage auctions,” said StorageTreasures President and Founder Lance Watkins. “Progressive operators like A-1 and Stor-All are embracing this trend, and are looking for ways to create competitive advantages through both the use of technology in general and partnerships with Internet-based companies like StorageTreasures.”

In addition, StorageTreasures has partnered with the Self Storage Legal Network, the official legal counsel of the national Self Storage Association, and American Auctioneers, the auction company of “Storage Wars” reality TV fame.

A-1 operates 16 self-storage locations in San Diego County and more than 40 locations statewide. It is the self-storage division of the Caster Cos., a third-generation, family-owned company headquartered in South California since 1959.

RESCO is a California-based real estate investment group. The company’s experience includes the development and construction of the Shurgard storage brand, which eventually was sold to Public Storage Inc.

Stor-All Storage has 38 locations throughout Colorado, Florida, Georgia, North Carolina and Virginia.

StorageTreasures.com is a free storage-auction locator and facility finder covering the United States and Canada. The website offers auction schedules and site-specific guidelines for auction hunters and self-storage owners alike.

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