News

The California Self Storage Association (CSSA) has launched a Legal Help Center through which members can seek free advice on business issues. Questions must be submitted via an online application. They must also be something an attorney could...

Following a declaration of a state of emergency amid winter storms, California Attorney General Rob Bonta has issued a warning about price-gouging for products and services including self-storage. This activity is illegal under Penal Code Section...

Update 3/7/23 – Shurgard Self Storage officially became a U.K.-based REIT on March 1. Though its stock will remain listed on Euronext Brussels, it’ll trade under a new International Securities Identification Number, GG00BQZCBZ44, beginning on...

Sentry Self Storage Management, a third-party management and consulting firm serving the self-storage industry, released financial results for the quarter that ended Dec. 31. The company reported same-store revenue growth of 17%, with net...

The Idaho legislature will discuss a bill designed to change the way assessors determine taxable value for self-storage properties and some other commercial assets including assisted-living facilities, car washes, gas stations, hotels and nursing...

Update 3/3/23 – Justice of the Superior Court Michael Cahillane has ruled in favor of the Hampden Planning Board, which denied a special-use permit for the self-storage facility proposed by 16 Somers Rd. LLC. In his Feb. 17 summary, Cahillane said...

Update 3/3/23 – Springfield Holdings LLC received approval from the Springfield, New Jersey, Board of Adjustment for its self-storage project on Victory Road. The application passed 5-0, with two abstentions...

Nuveen Real Estate, an American asset manager and subsidiary of financial-planning firm TIAA Investments, has formally invested in My Place Self Storage, a vertically integrated platform launched in 2021 by Kurt O’Brien, the founder and former CEO...

A bill to alter part of the Texas lien statute has been introduced to the state legislature. The Texas Self Storage Association (TSSA) is supporting House Bill (HB 2574), which was filed by House Representative Stan Lambert (R) of Abilene, Texas...