Profit Centers

Self-storage facilities that offer products and services beyond basic storage units will attract a broader range of clientele. Providing these ancillaries will also help the business generate new revenue.

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Store Valet-Storage Center Opens in NYC

Jan 16, 2019

A new valet self-storage center called Store has opened on the Upper East Side of New York City (NYC). Owned and operated by Box Dock LLC, the business allows customers to bring their items to its location at 1290 3rd Ave. or schedule pickup at...

Dymon Storage Continues Toronto Self-Storage Expansion Plan

Jan 14, 2019

Update 1/14/19 – Dymon Storage has proposed a mixed-use development featuring self-storage, office and retail space for 850 York Mills in Toronto. The nine-story structure would comprise 32,899 square meters of self-storage largely surrounded...

The Synergy Between Self-Storage and Truck Rentals

Jan 12, 2019

As a profit center for self-storage, truck rentals can be easy to implement. Here are some benefits of providing this service as well as a summary of business requirements.

Selling Boxes to Self-Storage Customers Isn’t a One-Size-Fits-All Approach

Jan 11, 2019

When it comes to your retail-sales center, not all boxes are created equal. Here are seven types that are ideal for moving and self-storage use. Knowing how to sell their features and benefits to tenants will improve your facility’s bottom line.

Making Self-Storage Add-On Profit From Propane Sales

Jan 06, 2019

If you’re looking to diversify the services you offer at your self-storage facility, consider propane sales. Here’s some first-hand insight from a facility manager who can vouch that it’s a revenue generator.

The Pros and Cons of Signing a Cell-Tower Lease for Your Self-Storage Property

Dec 23, 2018

When negotiated correctly, a cell-tower lease can be a great source of ancillary income for a self-storage facility. Here are some pros and cons to ponder when approached by a cell-tower company or wireless carrier that wants to use your property.

Fine-Art Self-Storage Operator Uovo Opens Facilities in Brooklyn and Orangetown, NY

Dec 21, 2018

Update 12/21/18 – Uovo has revealed additional details on its Brooklyn self-storage conversion project. The property at 105 Evergreen Ave. was acquired for $47 million, with total project costs expected to be about $76 million. Construction will...

i-Store Self Storage of Thailand Partners With Thai Movers

Dec 19, 2018

Storage Asia Co. Ltd., which operates i-Store Self Storage in Thailand, has signed an agreement with Thai Movers Ltd. to integrate the companies’ storage and moving services. The partnership is designed to combine the “operational strength” of...

Wine-Storage Case Study: Citadel Self Storage in St. Matthews, KY

Dec 13, 2018

When Citadel Storage Partners began designing its newest self-storage facility, it discovered there was a need for wine storage in the area. Learn from the company’s experience in planning, designing and marketing this service to customers in St...

Manhattan Mini Launches Valet Self-Storage Service

Dec 07, 2018

Manhattan Mini Storage, which operates 17 self-storage facilities throughout New York City, has launched a valet-storage offering called “Full Service Plus” (FSP). Customers can use the service to have their packed belongings picked up and taken...