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Self-Storage Firm Investment Real Estate LLC Hires Accounting Assistant

Jul 30, 2019

Investment Real Estate LLC (IRE), a property-management and consulting firm serving the self-storage industry, has hired Susan Webster as accounting assistant. She’ll be responsible for managing the daily accounting functions for Investment Real...

Blox Launches Mobile-Storage Business in Preston, England

Jul 30, 2019

Blox Mobile Storage has launched service in Preston, England. The startup offers a portable solution in which it delivers a storage container to a business or residence to be packed by the customer before transporting it to a warehouse. The...

Self-Storage Development and Zoning Activity: March 2019

Jul 30, 2019

Update 7/30/19 – Construction is underway on the two-story Citadel Self Storage project in the Locust Hill neighborhood of Lexington. Expected to open in early 2020, the facility will comprise 85,000 square feet in 700 units. It’ll also contain...

Australia REIT Abacus Property Raises $250M to Pursue Office, Self-Storage Opportunities

Jul 29, 2019

Abacus Property Group, an Australia-based, publicly traded diversified real estate investment trust (REIT) with interests in office, residential, retail and self-storage properties, recently raised $250 million to help fund portfolio expansion...

StoreEase Teams With Self Storage 101 to Launch Online Third-Party Management Platform

Jul 29, 2019

StoreEase, a provider of tools designed to help automate self-storage facility management, has teamed with consulting firm Self Storage 101 to offer an online third-party management solution for U.S. facility operators. The service is designed to...

ISS Podcast Examines the Impact of Technology on Self-Storage Operation

Jul 24, 2019

Inside Self-Storage (ISS) has released a new installment to its Sounds of Storage podcast series: “Self-Storage Owner and Technology Expert Phil Murphy Discusses the Impact of Innovation.” The 13-minute interview with the co-owner and president of...

Hong Kong Self-Storage Operator Expands to Offer Records-Management Services

Jul 24, 2019

Hongkong Storage, which operates 14 facilities in the Hong Kong region and one in Shanghai, is now offering records storage and management services in addition to traditional and valet-style self-storage. The company’s program includes record...

Self-Storage Real Estate Acquisitions and Sales: July 2019

Jul 24, 2019

Update 7/24/19 – 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 July 2019...

Pinnacle to List $100M in Self-Storage Assets on New Blockchain Platform

Jul 23, 2019

Pinnacle Storage Properties, a Houston-based firm that operates more than 10 self-storage facilities in Texas, intends to list more than $100 million in storage assets on Earn.re, a blockchain platform for commercial real estate financing designed...

Big Yellow Self Storage Announces Results for First Quarter of 2020 Fiscal Year

Jul 23, 2019

U.K. self-storage operator Big Yellow Group PLC released financial results for the first quarter of its 2020 fiscal year, which ended June 30. The company reported same-store revenue of £30.9 million, up 4.4 percent year over year. Total revenue...