News

Update 5/25/23 – As part of its proposal to de-staple its self-storage assets to create Abacus Storage King (ASK), Abacus Property Group commissioned independent valuations for its self-storage and commercial property portfolios. The assessment...

U.K. self-storage operator Big Yellow Group PLC released financial results for its 2022 fiscal year, which ended March 31. The company reported same-store revenue of £162.9 million, up 7% year over year. Total revenue for the period was £188.8...

i-Store Self Storage, which operates three facilities in Bangkok, has formed a partnership with local hospitality firm The Ascott Ltd. to offer discounts to customers of both companies. The offers will be available until Dec. 31, according to the...

National Storage Affiliates Trust (NSAT), a real estate investment trust specializing in self-storage, has appointed Will Cowan as executive vice president and chief strategy officer. In this role, he’ll focus on strategic growth initiatives while...

Update 5/24/23 – Self storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market transactions. Here’s an overview of additional activity happening in May 2023...

Update 5/22/23 – M&M has promoted Meir Perlmuter from vice president of investments to first vice president of investments in its Columbus office. He primarily works with self-storage buyers and sellers in Florida and the Northeast, according to a...

The Trading Standards office of the Scotland Highland Council has joined a U.K. initiative designed to encourage best practices in self-storage operation that deter criminals from keeping counterfeit and illicit goods in facility units. The “Tick...

OpenTech Alliance Inc., a Phoenix-based provider of kiosks, call-center services and other technology for the self-storage industry, has integrated its access-control system, Insomniac CIA (Centralized Intelligence Access), with Space Manager from...

Store Space Self Storage, which operates more than 100 self-storage properties, has hired David W. Collins as chief marketing officer. He succeeds Stephen Sandecki, who was recently named president of Storage360, a cloud-based management-software...