Self-Storage Operating Performance


  • The State of Self-Storage Real Estate
    In this industry, we tend to forget we are actually part of two businesses: self-storage and real estate. When self-storage was relatively new, supplies were limited and customers were just learning to use it. Demand was seemingly infinite, and almost no projects failed. ...More
    February 1, 2005 Michael L. McCune Posted in Articles
  • Flexible Rate Management
    The Ten Commandments were chiseled into stone tablets, but your rental rates should not be. Many well-intentioned owners and managers are leaving a great deal of revenue on the table as a result of rental rates that appear to be “chiseled in stone.” This causes distress to ...More
    February 1, 2005 Bob Copper and RK Kliebenstein Posted in Articles
  • A Hard-Core Hire
    Gone are the good old days when all you had to do was build it and they would come. Today’s self-storage market is fiercely competitive. New multistory properties with state-of-the-art security, conference rooms, business centers, free Internet access and offices the size ...More
    December 1, 2004 Maurice Pogoda Posted in Articles
  • National Operating Performance Reports
    National Operating Performance Reports Data contributed by Charles Ray Wilson Performance Précis is a new quarterly column based on the detailed findings of Self Storage Data Services Inc. and its newly developed National Operating Performance Reports. The complete reports, ...More
    October 1, 2004 Posted in Articles
  • Inside Self-Storage Magazine 07/2004: Understanding Software Reports
    Understanding Software Reports By Pamela Alton When I first started in the self-storage business, in what now seems like the Dark Ages, a lot of facilities used the old “peg board” system of record-keeping. It was used to track numbers of units, tenant information, rental ...More
    July 1, 2004 Pamela Alton Posted in Articles, Technology
  • New Frontiers
    At what point does your business information shift from being an afterthought to the centerpiece of daily operations? At what point do business decisions become affected by good, timely data—decisions that effect growth and profitability and result in competitive ...More
    May 1, 2004 James Hafen Posted in Articles, Technology
  • Improving Operations Through Software
    In recent years, many self-storage operators have upgraded from their DOS or manual management systems to Windows programs written specifically for the industry. Stepping up to a new system should always result in improvements to your bottom line. While you may see some ...More
    May 1, 2004 Markus Hecker Posted in Articles, Technology
  • Occupancy Insanity
    I recently needed to rent a storage unit and visited a few of the facilities close to my house. I walked into the first place and asked the manager what she had available. All she had were a couple of 10-by-10s. When I got to another facility down the road, I got ...More
    March 1, 2004 Fred Gleeck Posted in Articles
  • The National Market
    As we begin the new year, our roundtable of real estate experts discusses the national self-storage market. Let’s hear what they have to say about their respective cities and regions. Joining us in our survey this month are: C. William Barnhill, Omega Properties, Mobile, ...More
    January 1, 2004 Michael L. McCune Posted in Articles
  • Refinancing $elf-$torage
    The adage goes, “Take Advantage When Opportunity Knocks.” I can easily say opportunity has been knocking. This summer, the interest rates reached the lowest levels in the last 45 Years (Before Self-Storage became a recognized industry). Fixed-rate mortgages, which are based ...More
    November 1, 2003 Neal Gussis Posted in Articles, Finance