Inside Self-Storage - Self-Storage Operators

Storage Post Self Storage Renovates Facility in New Rochelle, NY

Storage Post Self Storage recently completed interior and exterior renovations to a multi-story facility in New Rochelle, N.Y. The project included structural changes to the office and entrance areas, new paint and signage. ...More

February 4, 2013

Posted in News, Construction

8 Self-Storage Units Damaged When Roof Collapses Under Snow at Utah Facility

Eight storage units were heavily damaged last week when a roof collapsed under the weight of snow at a self-storage facility in Roy, Utah. Six of the units were completely destroyed. Failure to keep snow and ice cleared from the building likely contributed to the collapse, ...More

February 4, 2013

Posted in News, Management

Amsdell Cos. Enters Atlanta Self-Storage Market With Purchase of 3 Facilities

The Amsdell family of companies has acquired three self-storage properties in the Atlanta area. The facilities will be operated by Compass Self Storage LLC, giving the brand a foray into the Georgia market. The properties comprise more than 175,000 net rentable square feet. ...More

February 1, 2013

Posted in News, Real Estate

U.K. Self-Storage Operator Safestore Announces 2012 Loss, Conversion to REIT Status, CFO Change

The impact of the United Kingdom’s value-added tax (VAT) on self-storage facilities was illustrated this week by operator Safestore Holdings PLC, which announced a pre-tax loss of £19.5 million ($30.9 million) for the 2012 fiscal year ended Oct. 31. The company also said it ...More

January 31, 2013

Posted in News, Finance

AC Self Storage Solutions Acquires Go Store It Self Storage in Houston Suburb

Self-storage operator AC Self Storage Solutions LLC recently acquired Go Store It, an 870-unit self-storage facility in the Houston suburb of Pasadena, Texas. ...More

January 31, 2013

Posted in News, Real Estate

Canadian Self-Storage Operator Apple-Atcan Opens Ontario Facility

Apple-Atcan Self Storage recently opened a new, 35,000-square-foot facility in Kingston, Ontario, Canada. The Canadian company chose Kingston because of its growing population, large concentration of college students, strong military presence and the appeal of a new housing ...More

January 29, 2013

Posted in News, Development

Greenbox Self Storage Opens Environmentally Friendly Facility in Downtown Denver

Focus Property Group, a Colorado-based real estate investment and development company, has opened an environmentally friendly Greenbox Self Storage facility in Denver’s trendy River North district. The 65,000-square-foot facility was constructed with 234 solar panels, ...More

January 28, 2013

Posted in News, Construction, Development

San Diego Self Storage Collects Record Number of Toys for Tots Donations

San Diego Self Storage (SDSS) collected a record 16,232 donations last month during its 14th annual Toys for Tots drive. The toys were collected at all 18 of the company’s San Diego-area self-storage facilities as well as during a San Diego Chargers home game on Dec. 16. ...More

January 25, 2013

Posted in News, Management

U.K. Self-Storage Operator Big Yellow Offers 10M Shares to Raise Capital

U.K. self-storage operator Big Yellow Group PLC announced it will offer up to 10 million new shares of company stock in an attempt to pay down debt, increase dividends and expand its number of locations. ...More

January 24, 2013

Posted in News, Finance

Sovran Self Storage Buys Multi-Story Facility in Greater Chicago

Real estate investment trust Sovran Self Storage Inc. has purchased Icon Secure Storage in Aurora, Ill., near Chicago. The three-story facility comprises 71,824 square feet in 768 units. The acquisition was made by Sovran Acquisition LP, and the facility will be rebranded ...More

January 23, 2013

Posted in News, Real Estate

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