News

U.K. self-storage operator Big Yellow Group PLC released financial results for its 2019 fiscal year, which ended March 31. The company reported same-store revenue of £123.2 million, up 7 percent from 2018. Average occupancy across its portfolio...

Update 5/27/19 – The Jenkins Organization has opened EaDo Storage in Houston. The property at 1025 Sampson St. comprises 110,000 square feet in 850 climate-controlled and traditional units. ...

Elevation Capital Group, an Orlando, Fla.-based real estate investment company, has increased the maximum offering amount of its investment fund, MHPI VII LLC (Fund 7), to $150 million. Launched in April 2017, the fund has reached $100 million in...

Update 5/24/19 – The Jenkins Organization has started construction on Bergstrom Storage in Southeast Austin. The facility at 530 S. Highway 183 is slated to be complete in March, according to a press release. ...

Update 5/24/19 – BDG has opened its multi-story self-storage facility in Woodstock. A public grand-opening celebration was held on May 16.  The property will be managed by industry real estate investment trust CubeSmart and branded under its...

Update 5/23/19 – 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 more activity...

Private-investment firm Crystal View Capital is targeting self-storage properties more aggressively under its second private-equity fund, Crystal View Capital Fund II, according to recent reports. While the company’s initial fund spread...

The Associazione Imprese Selfstorage Italiane (AISI), known to English speakers as the Self Storage Association of Italy, hosted a conference earlier this month at the Hotel NH Venezia Laguna Palace in Venice. The May 11 event drew 50 self-storage...

FineView Marketing, an Austin, Texas-based marketing firm that serves the self-storage industry, has added Deborah Booker and Leslie Bradshaw to its team. They’ll be responsible for leading the company’s day-to-day marketing activities, managing...

Update 5/21/19 – With LB 289 stalled in the legislature, Nebraska lawmakers are pursuing an alternative approach by proposing a sales-tax amendment to LB 183, a bill that would make an adjustment in the valuation of agricultural land. The...