Self-Storage Operating Performance


  • Self-Storage Jargon
    Whether you already own a self-storage project or plan to make your first venture, knowing some key terminology is important to your success. You probably won’t find these definitions in a dictionary, yet they can be critical to effective communication and decision-making. ...More
    February 1, 2006 Mark Keys Posted in Articles
  • The Value of Rent Increases
    Self-storage managers and management teams generally hate rent increases. This is for several reasons: 1) They don’t have a plan to handle the increase; 2) They don’t want to deal with the unpleasantness of displeased customers; and 3) they don’t believe they benefit. But ...More
    November 1, 2005 Greg Call Posted in Articles
  • U.S. Self-Storage Performance Index
    After years of gathering data, Pasadena, Calif.-based Self Storage Data Services Inc. (SSDS) has introduced a tool that tracks site-level market conditions and operating results for self-storage. Through an exclusive arrangement with SSDS, Inside Self-Storage will publish ...More
    October 1, 2005 Posted in Articles
  • The Seven P’s of Boat/RV Marketing
    Boat and RV storage may seem a lot like self-storage, but when it comes to maximizing profit, it has unique requirements. To successfully market an RV/boat-storage facility, keep these seven key things in mind: pricing, partnering, profitability, personnel, performance, ...More
    October 1, 2005 Fred Gleek Posted in Articles
  • The Burning Question
    To build or not to build is the biggest question facing today’s self-storage developer. When considering a plan, he has to examine a number of critical issues to ensure a viable and profitable project. Some considerations are whether the area can support more storage, how ...More
    September 1, 2005 Jamie Lindau Posted in Articles, Development
  • While You Were Napping
    You didn’t have to raise rents, lower expenses or even increase your occupancy—yet you made a lot of money over the last three years or so. In fact, it may have been so easy you didn’t know it happened. While you were busy tending to other things, the real estate market ...More
    July 1, 2005 Michael L. Mccune Posted in Articles
  • The Northeast
    This month, I gathered real estate experts to discuss the state of self-storage in the Northeast. Let’s hear what they have to say about their respective cities and regions. Our panel includes: Mike Bellinger, Pyramid Brokerage, Syracuse, N.Y.; Linda Cinelli, LC Realty, ...More
    March 1, 2005 Michael L. McCune Posted in Articles
  • Economic vs. Physical Occupancy
    Not many self-storage owners understand the difference between the economic and physical occupancy of their facilities, not even those who have been in the business a long time. A savvy operator understands that 100 percent occupancy is not the goal of your business. The ...More
    March 1, 2005 Fred Gleeck Posted in Articles
  • 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