News

Keep abreast of current events in the self-storage industry including property acquisitions and sales, product launches, personnel changes, legal updates, new developments, charitable works, and much more.

StorageAuctions.com Announces 'Timeline Guarantee' for Online Lien Sales

Jun 24, 2020

StorageAuctions.com, a provider of online self-storage auction services, has announced its new “Timeline Guarantee,” a free service that helps facility operators navigate the online lien-sale process. The company’s platform is now optimized to...

Tenant Inc. Introduces Mariposa Touchless Technology for Self-Storage Facilities

Jun 24, 2020

Tenant Inc., a developer of real estate technology, has introduced Mariposa, a website technology that allows customers to rent self-storage units online. It integrates with the company’s existing property-management software, Hummingbird...

Berkshire Hathaway Enters Self-Storage Sector With Specialty Brokerage Group

Jun 22, 2020

An affiliate of investment firm Berkshire Hathaway Inc., led by CEO Warren Buffett, has been launched to specialize in self-storage. Though other Berkshire real estate entities have been involved in commercial brokerage since 2012, Greenville, S.C...

Self-Storage Development and Zoning Activity: June 2019

Jun 19, 2020

Update 6/19/20 – Oak Ridge planners continue to discuss the RealtyLink self-storage project. The commission was scheduled to discuss the rezoning request and changes to the area’s planned unit development on June 11. Three days earlier, the city...

Safestore/Carlyle Joint Venture Acquires Lokabox Self-Storage Portfolio in Belgium

Jun 19, 2020

The joint venture between U.K.-based self-storage operator Safestore Holdings PLC and global private-equity firm The Carlyle Group has acquired the six-property Lokabox self-storage portfolio in Belgium. The transaction includes two facilities...

Inside Self-Storage Announces Dates for Virtual Conference and Expo

Jun 18, 2020

The Inside Self-Storage (ISS) World Expo that was scheduled to take place July 21-24 in Las Vegas was canceled due to the coronavirus pandemic and concerns for public safety. Now, brand officials are organizing a superlative virtual experience...

U-Haul Opens 3-Story Self-Storage Facility in Wichita, KS

Jun 18, 2020

Update 6/18/20 – U-Haul Moving & Storage of West Wichita opened this month in Wichita, Kan. The facility offers 950 indoor units...

SmartStop Converts Industrial Building to Self-Storage in Ontario, Canada

Jun 18, 2020

Update 6/18/20 – SmartStop Self Storage REIT Inc., formerly known as Strategic Storage Trust II Inc., opened its conversion project in Ontario, Canada. It’s the company’s 12th wholly owned location in the Greater Toronto Area (GTA). The facility...

Self-Storage Development and Zoning Activity: June 2020

Jun 18, 2020

Update 6/18/20 – The global self-storage development pipeline continues to be extremely dynamic. Inside Self-Storage regularly covers new projects being planned and approved as well as zoning and other municipal issues. Following is additional...

Cushman & Wakefield Report Examines the Effect of COVID-19 on Self-Storage

Jun 17, 2020

The Self Storage Advisory Group (SSAG) of real estate firm Cushman & Wakefield (C&W) has released a special report examining the effects of the coronavirus pandemic on the self-storage industry. The eight-page PDF offers a comparison between the...