Self-Storage Operating Performance


  • Time for a Checkup!
    My calendar reminded me it was time to schedule my regular dental checkup. While the prospect of another lecture about flossing wasn’t appealing, I called for an appointment because I wish to avoid serious problems in the future. We know it’s important to maintain our ...More
    November 7, 2006 Amy Hitchingham Posted in Articles
  • The Offensive Lineup
    Many operators focus only on unit occupancies. As an owner, I know it’s an ego boost when occupancies are high. Maybe you’re hovering at 95 percent occupancy, have cut back marketing efforts and put the operation on cruise control. Why not? You have only a handful of units ...More
    November 7, 2006 Brad North Posted in Articles
  • The South-Central States
    Our roundtable of experts gathered this month to discuss the South Central United States. I’ve asked local broker affiliates to summarize the current self-storage market in their areas and share thoughts on what the future may hold. Gulf Coast States Bill Barnhill and ...More
    October 19, 2006 Mike McCune Posted in Articles, Development
  • Storage in a Snap
    Most facilities have gaps—vacant, unused space in setback areas, utility easements, parking lots or other spots that for whatever reason never made it into building plans. Operators with growing waiting lists often wish for ways to fill these gaps and push occupancies past ...More
    September 21, 2006 Kevin Ford Posted in Articles
  • SIA Offers Free Self-Storage Property Valuations
    Storage Investment Advisors LLP (SIA), a Houston-based investment real estate services firm, now offers no-cost property valuations to self-storage facility owners. ...More
    August 28, 2006 Posted in News, Finance
  • Pacing Price Increases
    Raising rents to increase self-storage income is a common business practice. Yes, we can keep a close eye on operating expenses and look for deals on supplies and services, but that alone won’t be enough to improve net income. To keep pace with cost increases, we have to ...More
    July 10, 2006 Mel Holsinger Posted in Articles
  • Overbuilding
    Overbuilding in self-storage doesn’t always get the attention it deserves. Owners need to focus on why it occurs, the repercussions, and how to avoid overbuilding in local markets. Overbuilding is a market condition in which self-storage supply exceeds demand at any given ...More
    July 10, 2006 Michael L. McCune Posted in Articles, Development
  • The Hurricane Chronicles
    During the furious hurricane season of 2005, storage facilities across Florida, Louisiana, Mississippi and Texas sustained serious damage. Few were prepared for the level of destruction, though some had learned from past storms and were better able to handle the turmoil. ...More
    March 1, 2006 Kathleen Hardesty Posted in Articles
  • Real Estate Roundup: 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: Linda Cinelli, LC Realty, North Branch, N.J.; John Lisowski, Grubb & Ellis, ...More
    March 1, 2006 Michael L. McCune Posted in Articles, Finance
  • 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