I spy with my little eye an investment opportunity like no other. Can you guess what it is? Self-storage, of course! As we start a new decade, there’s no doubt this asset class will continue to be the finest in commercial real estate.
Whether you plan to build, expand, buy or sell a facility this year, you need to identify the best practices, methods and resources at your disposal. Don’t waste your time on poor guesses! Attend the Inside Self-Storage World Expo, April 14-17, at The Mirage Hotel & Casino in Las Vegas. There you’ll spy everything you need to succeed with an investment or development this year.
When playing the self-storage game, it helps to have clues. Our Building and Investing Tracks of seminars provide insight to today’s market conditions, development, construction and real estate. Here’s a sample of the sessions that should be on your list:
- Winning Your Self-Storage Zoning Battle, Even in the Face of Uncertainty
- Smart Strategies to Reduce Self-Storage Building Costs
- Build to Your Budget: Using a Design/Build Construction Approach in Self-Storage
- 7 Things Self-Storage Investors MUST Do to Prepare for the Coming Recession
- A Road Map for Investing in Self-Storage: Insight for Buyers and Sellers
- Lending Platforms and Programs for Every Self-Storage Finance Need
The seminars in these tracks, which take place on April 15 and 16, are led by experts eager to share industry realities so you can make the right decisions for your growing empire. Plus, a special Q&A session on April 16, focused exclusively on issues of investing and development, will allow you to ask loads of questions and learn from peers so you can zero in on solutions for your future endeavors.
For those who need more hints, there’s the outstanding (and favorite) Development Workshops, which focus on the planning and building phases. The morning workshop on April 14 includes a snapshot of current development activity followed by guidance on feasibility, site selection, design, and zoning and more. The afternoon session keeps the momentum going with a focus on traditional and multi-story construction, conversions, renovations and other key topics.
If you’re looking to buy or sell a facility, you’ll get guidance in our all-new Acquisitions Workshop. This high-energy session will offer strategies on finding and evaluating deals, conducting due diligence, and increasing the value of an existing site before going to market.
Observe and Report
Of course, there’s more to investing and building than just expanding your knowledge. You also need strong industry relationships. The ISS Exhibit Hall, open on April 15 and 16, delivers extensive opportunities to make connections. With more than 200 exhibitors, you’ll find dozens of builders and building suppliers, development consultants, architects, engineers, and other key players at your service. Plus, you can speak with finance firms about lending options as you formulate your strategy.
You’ll also be able to attend the popular Buyers & Sellers Meeting on April 16, which provides a unique opening to mingle with industry brokers as you peruse acquisition and sale opportunities. A large board of current listings will be on display, and discussion tables will be organized by region to facilitate networking.
Finally, don’t miss the Table Talks. With approximately 40 topics from which to choose, it’s your chance to talk with experts and peers in a more intimate setting. Offer and get advice on everything from solar solutions to tax strategies to conversion projects and much more.
Solve the Riddle
When it comes to investing in or building a self-storage project, there’s simply no room for speculation. If you spy a good investment to be made, take the time to bolster your industry knowledge and gather resources to ensure a winning outcome. You need look no further than this year’s ISS event! Learn more about the show’s investor- and development-focused education and networking, plus view a complete list of exhibitors and speakers at issworldexpo.com.