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Self-storage construction has become more sophisticated due to heightened consumer expectations, changing building codes, and a more rigid approval processes through municipal planning boards. Important topics covered in this category include design trends, zoning, conversions, eco-friendly components and practices, and more.
Find out in our free, one-house webinar on Dec. 5! In this educational session, you’ll learn what smart building is all about and how to achieve it, regardless of your facility size or location.
Unless your self-storage facility opened yesterday, it needs repairs or enhancements every now and then. The good news is most improvements have a positive impact on asset value as well as curb appeal and customer experience. Read why it’s...
Smart self-storage operators know that a poorly lit facility can be an unsafe environment. This is why most of you have hundreds of lights on site! But if you want them to do their job of assisting customers and preventing crime, they must be...
To a self-storage operator attempting to manage expenses, any looming big-ticket item such as a repair, replacement or upgrade can feel like a ticking time bomb. When it comes to these types of capital expenditures (capex), the trick is in the...
Update 8/23/23 – Nearly a year after seeking a zoning change that would allow indoor vehicle storage for its project at 502 E. 4th St. in Ripon, California, Liberty Self Storage is set to pull permits and begin construction. Though the 170,300...
Interest-rate volatility has created major changes in the financial markets. In particular, rising short-term rates have impacted self-storage developers and owners seeking construction and similar loans. This article offers an overview of current...
An aging self-storage facility can be at a disadvantage when trying to compete against modern sites with more flash and amenities. Here are some simple upgrades you can make to stay relevant and perhaps even improve net operating income.
Update 8/11/23 – The joint venture between Boston-based development and investment firm The Davis Cos. and local real estate developer Highland Development Ventures, completed construction on its 18-story self-storage facility in the Chelsea area...
Public Storage Inc., a self-storage real estate investment trust (REIT) and management company, is partnering with Solar Landscape to add more than 130 community-solar projects at its facilities in Illinois, Maryland and New Jersey. The program...
Update 8/3/23 – Shurgard opened its conversion project in Amersfoort, Netherlands, last month. The property is in the De Hoef Business Park near an industrial area...
Granger Development, which develops and acquires commercial real estate in several asset classes, received an award from the “Buffalo Business First” newspaper for its self-storage conversion project in Niagara Falls, New York. The award...