Limitations on Value and Property
One lease clause I consistently urge storage owners to include in their leases is a limitation on the type and value of property that can be stored in a unit. There are two distinct concepts in this type of clause. One is a dollar value on the property the tenant agrees to ...More
March 1, 2004 Jeffrey Greenberger
Posted in Articles
Here Comes the Flood
As winter snow melts and spring months deliver frequent rain, floods become one of the most common natural disasters experienced by residences and businesses. In addition to excess waterfall created by seasonal changes and weather, drainage-system failure, inadequate dams ...More
February 1, 2004 Amy Brown
Posted in Articles
Risks of False Advertising
It's the beginning of a new year and the time when storage owners start refreshing their advertising campaigns. Most use some form of advertising to attract new customers and create recognition for their facilities. Whether your advertising is elaborate or subtle, you want ...More
January 1, 2004 Amy Brown
Posted in Articles
After The Storm
Last September, in the wake of Hurricane Isabel, five states were declared federal disaster areas. Hundreds of businesses were damaged, and more than 30 deaths were blamed on the powerful storm. Hurricane Isabel started traditional rounds of severe fall and winter weather. ...More
December 1, 2003 Amy Brown
Posted in Articles
Winning Women
They are business owners, consultants, company presidents and industry experts. Many of them have been working in self-storage for 10 years or more. While there are many wonderful women of note working in the business, for this special feature, ISS chose a few of these ...More
December 1, 2003 Amy Campbell
Posted in Articles
The Terrorism Risk Insurance Act
Last year, when you opened your holiday mail, you most likely found a greeting from your insurance company regarding your storage policy and the Terrorism Risk Insurance Act of 2002 (TRIA). You received this because shortly after the terrorism attacks of Sept. 11, 2001, ...More
November 1, 2003 Amy Brown
Posted in Articles
Working With Property Management
If you are a self-storage owner who has just purchased a facility but have no industry experience, you may find the tasks involved with starting a new business a bit overwhelming. Management companies are available to assist and guide you through the beginning stages and ...More
October 1, 2003 Amy Brown
Posted in Articles
Dealing With Hazardous Materials
The discovery of hazardous materials in a self-storage unit can happen to even the most cautious storage operator. You might come into work one day and discover gas has spilled onto your property from a nearby construction site. Perhaps you find an abandoned unit filled ...More
September 1, 2003 Amy Brown
Posted in Articles