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.
As self-storage continues to move away from the “industrial” moniker and likened more to a “retail” offering, operators are experimenting with products and services that will meet their existing renters’ needs as well...
Spacer.com.au Pty. Ltd. of Australia, a peer-to-peer self-storage marketplace, has raised $2.7 million in funding that it will use to acquire competitor Parkhound and pursue other expansion opportunities. The purchase will add 55,000 customers and...
SimplyStow, a Lancaster, Pa.-based startup, is scheduled to launch a peer-to-peer self-storage marketplace next month that will serve the local community and student body at Franklin & Marshall College (F&M). Similar to other shared...
This case study by Janus International Group showcases the development of Tri-Village Self Storage in Columbus, Ohio, a six-story facility featuring wine storage as well as a wine-tasting room. Read how the owners overcame obstacles including a...
Add-on products and services can help a self-storage operator increase revenue, build loyalty and better meet customer needs. But before investing in a new ancillary, you must understand your market dynamics to avoid unnecessary risk.
Update 9/27/17 – Bee Safe Storage has decided to scale back its self-storage development in the Southeast due to oversupply in some markets. The pivot includes pulling the plug on a 4-acre project at the corner of Tarrant Road and Wendover...
Adding a cell tower to your self-storage property can generate new revenue. To ensure you’re maximizing the value of your lease, follow these five tips.
