The process of buying or selling a self-storage facility has become more rigorous as markets have become increasingly competitive and changes in the economy impact property value. Owners and investors looking to acquire need to understand the investing process including due diligence, capitalization rates, appraisals and valuation methods.
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 February 2019...
StorageVault Canada Inc., which operates 160 self-storage facilities throughout the Canadian provinces, has agreed to acquire 38 storage properties from Canadian investment and asset-management company Wilmington Capital Management Inc. and other...
Jim Ross of “The Self-Storage Show,” a YouTube channel tackling industry topics, recently interviewed several seminar speakers for the Inside Self-Storage World Expo, April 1-4, in Las Vegas. In this video, he talks with Mike Castleman, owner of...
Update 2/6/19 – U-Haul has closed on its acquisitions of former Kmart properties in Springfield and Queensbury. Both self-storage conversion projects are expected to begin shortly...
