A proposed self-storage development in Bloomfield, N.J., received approval this week from the city council to phase in the taxes on the building over a five-year period. The township program, called PILOT or Payment in Lieu of Taxes, only applies...

Self-storage operators in the United Kingdom have effectively absorbed the impact of the 20 percent value-added tax (VAT) imposed by the government on the industry last October, according to a Self Storage Association of the United Kingdom (SSA-UK...

The sponsor of a Louisiana bill that sought to impose a 4 percent sales tax on self-storage leases and other commercial services has withdrawn the measure, according to the national Self Storage Association (SSA). State Rep. Kirk Talbot apparently...

Mike Whaling, owner of Airport Mini-Storage in Mount Hope, Ontario, Canada, is tired of other local small-business owners who do not pay their fair share in property taxes, licensing fees or zoning fees. While Whaling said he pays nearly $30,000 a...

U.K. self-storage operator LoknStore Group PLC announced financial results for the first half of its fiscal year, which ended Jan. 31. Revenue during the period increased 2.2 percent from the previous year, and occupancy rose 6.1 percent year over...

The impact of the United Kingdoms value-added tax (VAT) on self-storage facilities was illustrated this week by operator Safestore Holdings PLC, which announced a pre-tax loss of £19.5million ($30.9 million) for the 2012 fiscal year ended Oct. 31...

Inside Self-Storage (ISS) recently spoke with Ben Vestal, president and partner of the Argus Self Storage Sales Network, to discuss the self-storage real estate market. A nationally recognized expert in the field, Vestal talks here about the...