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The development of a self-storage facility generally begins with a comprehensive market analysis of the proposed project area, followed by assembling a strong team, and working with municipalities to meet zoning, design and code requirements. Owners might consider
a multi-story building to maximize their footprint, or select a mixed-use project to widen their options.
Stuf, a startup business that’s partnering with commercial property owners to convert unused space to self-storage, has raised $1.8 million in seed funding. With locations in Brooklyn, N.Y., and San Francisco, the company will use the money to...
Update 12/15/20 – The Bainbridge Island City Council voted unanimously last week to ban new self-storage development indefinitely, citing environmental concerns as well as the limited space zoned for industrial uses and the number of existing...
The Inside Self-Storage (ISS) Store has released its 2021 Guidebook Series covering all aspects of the storage business. The new series includes the buyer’s choice of digital or softcover publications available individually or in a discounted...
Update 12/11/20 – The Southern, N.C., Pines Town Council discussed the rezoning request from Longleaf Pines Storage on Dec. 8, but no action was taken. Nearly a dozen residents spoke against the project during the public hearing. They expressed...
In the tradition of annual year-end lists and rankings, here’s a look at the bestselling self-storage products this year in the ISS Store. The list provides insight to the types of information and topics your colleagues and competitors are consuming.
Alternative-investment firm NexPoint has launched NexPoint Storage Partners (NSP) to originate, execute, finance and manage self-storage investments. The new platform will provide debt and equity capital to entrepreneurs as well as acquire and...
The Greater Atlanta self-storage market has been hit hard with overbuilding and price wars, according to a recent analysis. Despite cyclical instability, however, there’s room for optimism. Discover why.
Update 12/3/20 – Quinlan Development Group completed construction on its new facility in Rochelle Park, N.J. The six-floor structure comprises 90,000 square feet. The site is behind a newly renovated retail center...
Though self-storage may appear to be a simple building type, it has important intricacies and nuances. If you’re developing your first facility (or the first in a long while), getting two things right will lay the groundwork for project success...
Construction timelines are fluid and change often. If you’re building self-storage, you need to be flexible but intentional while keeping your project on target. Here’s advice for how to stay on time and within budget.