Inside Self-Storage

Sovran Self Storage (Uncle Bob's)

Compostella Self Storage in Chesapeake, Va., Sold for $3.5M

Campostella Self Storage in Chesapeake, Va., was recently sold for $3.45 million. The 675-unit, 70,600-square-foot facility will be immediately rebranded as Uncle Bob's Self Storage, as it will be managed by Sovran Self Storage Inc. ...More
December 14, 2012
Posted in News, Real Estate
Uncles Bob's Self Storage Awards Houston Texans Fan in Twitter Trivia Contest

Uncle Bob’s Self Storage, the operating brand of Sovran Self Storage Inc., will award one football fan the “Ultimate Fancave” prize pack at Reliant Stadium on Dec. 23 to coincide with the Houston Texans Fan Appreciation game, which is also the Texan's final home game. The ...More
December 10, 2012
Posted in News, Management, Marketing
Uncle Bob's Self Storage Launches Online Decluttering and Organizing Resource

Uncle Bob’s Self Storage, the operating brand of real estate investment trust Sovran Self Storage Inc., has introduced “The Decluttered Home,” an online resource providing tips and advice on reducing clutter, organizing homes and creating a comfortable living environment. ...More
December 3, 2012
Posted in News
Being Managed by a Self-Storage REIT: Executives Discuss the Benefits, Challenges and Transition Process

If you're an independent self-storage owner, you may be weighing the decision to hire a real estate investment trust to professionally manage your asset. What are the benefits, and what can you expect in terms of cost and service? In this article, REIT executives provide ...More
December 3, 2012
Posted in Articles, Management
Being Bought by a Self-Storage REIT: Where to Begin and What to Expect

Some self-storage owners will exit the industry by selling to an industry REIT. In this article, REIT executives provide insight to what they look for when they buy and what facility owners can expect in regard to timeline, price and their existing staff. ...More
November 25, 2012
Posted in Articles, Real Estate
Self-Storage REITs Release 3Q 2012 Financial Results

The four U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Public Storage Inc. and Sovran Self Storage Inc.—have released financial statements for the quarter that ended Sept. 30. In general, all four entities showed gains in ...More
November 14, 2012
Posted in News, Finance, Real Estate
3 Ways for Small Self-Storage Operators to Compete With REITs and Other Large Players in Their Market

With the self-storage real estate investment trusts (REITs) in acquisition mode, many smaller operators are wondering how they’ll possibly compete with these industry giants. Fortunately, single operators have an arsenal of tools at their disposal. Here are three ways ...More
November 7, 2012 By Matthew Van Horn
Posted in Articles, Management, Marketing
Self-Storage Businesses May Benefit From Hurricane Sandy, Some Facilities Offer Temporary Relief

As emergency damage assessments begin to tally in the wake of Hurricane Sandy, self-storage operators near homes and businesses affected by the storm are readying for an increase in unit rentals. In some instances, self-storage operators are offering storm victims free use ...More
October 31, 2012
Posted in News
Uncle Bob’s Self Storage Sponsors Minor-League Hockey Rivalry Series in Texas

Uncle Bob’s Self Storage is the title sponsor of a new season-series event between the Allen Americans and Fort Worth Brahmas of the Central Hockey League. The Uncle Bob’s Metroplex Rivalry is designed to create a little extra sizzle in the growing rivalry between the two ...More
October 29, 2012
Posted in News, Management, Marketing
Self-Storage REITs to Release 3Q 2012 Financial Results, Conference Calls Announced

The four U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Public Storage Inc. and Sovran Self Storage Inc.—have announced when and how they will reveal their earnings statements for the fiscal quarter that ended Sept. 30. ...More
October 22, 2012
Posted in News, Finance

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