Inside Self-Storage

Real Estate

The process of buying or selling a self-storage facility has become more rigorous as markets have become more competitive and changes in the economy impact property value. To know the accuracy of a self-storage appraisal, a self-storage owner should have a clear understanding of facility value and the effect of capitalization (cap) rates. A buyer should complete a comprehensive due-diligence process to know if an investment is financially sound.

Stor-All Systems Breaks Ground on Atlanta Self-Storage Facility

Stor-All Systems Inc. broke ground this week on a Stor-All Storage brand self-storage facility in the Vinings area of Atlanta. Situated on less than an acre of land on the northwest corner of Cumberland Parkway and Paces Ferry Road, the four-story facility will encompass ...More
February 5, 2013
Posted in News, Construction, Real Estate
The Self-Storage Appraisal Process: Understanding Valuation Approaches Used Today

There are three primary approaches to valuing self-storage facilities as part of the appraisal process. Which an appraiser uses depends on various factors. This article focuses on the sales-comparison and income-capitalization approaches and provides detailed examples and ...More
February 3, 2013
Posted in Articles, Real Estate
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
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
Self-Storage Real Estate and Performance Trends 2012-2013: Occupancy, Rates and Sales

Both good news and bad bolstered the self-storage industry in 2012, and positive trends are in the works for real estate and investing in 2013. This article provides a summary of last year's performance and predictions for the year ahead. ...More
January 30, 2013
Posted in Articles, Real Estate
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
One-on-One With Ben Vestal: Self-Storage Real Estate Expert Talks Taxes, Acquisitions and REITs

Inside Self-Storage (ISS) recently spoke with Ben Vestal, president and partner of the Argus Self Storage Sales Network, to discuss the self-storage real estate market. A nationally recognized expert in the field, Vestal talks here about the capital gains tax and how it ...More
January 22, 2013
Posted in Articles, Finance, Real Estate
World Class Capital Group Acquires Las Vegas Self-Storage Facility

World Class Capital Group LLC (WCCG), an Austin, Texas-based real estate investment firm, has acquired Nellis Self Storage in Las Vegas from a Missouri-based private investor. The property comprises 131,000 square feet of storage space in 696 units and will be rebranded as ...More
January 18, 2013
Posted in News, Real Estate
U-Haul Purchases 4 Self-Storage Facilities in 4 States

The U-Haul Co. recently purchased four self-storage facilities comprising more than 168,000 square feet of net rentable space in more than 1,400 storage units. The facilities are in Colorado, Louisiana, South Carolina and Texas. ...More
January 17, 2013
Posted in News, Real Estate
Marcus & Millichap Names Associate Director for National Self-Storage Group

Brett Hatcher, a senior associate and self-storage specialist with Marcus & Millichap Real Estate Investment Services, has been named associate director of the company’s National Self-Storage Group (NSSG). The NSSG assists self-storage investors and owners by matching ...More
January 17, 2013
Posted in News, Real Estate

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