Sponsored By

Self-Storage Holding Strong

Amy Campbell

March 10, 2008

1 Min Read
Self-Storage Holding Strong

While theres a lot of talk about a pending (or current, if you prefer) recession, the housing slump and other doom-and-gloom, the self-storage industry seems to be going strong, according to an article I recently read in the San Antonio Business Journal. The article states that one in every 10 households leases a storage unit.
 
The evidence is also inside every issue of ISS. Youll find million-dollar self-storage deals each month on the real estate pages, or you can examine regional happenings in Mike McCunes column, Real Estate Roundup. The housing industry may be floundering, but the self-storage market is doing OK.
 
One place thats seeing a huge surge in self-storage business is Hawaii, but theyre not just erecting your basic facilities with the usual bells and whistles. The Lock Up in Honolulu is an eight-story giant, featuring carpeted units and hallways. Another facility offers conference rooms, Wi-Fi access and fresh coffee. It seems the development of more condos on the islands has led to the need for more self-storage solutions.
 
While continued growth for the industry is a good thing, it also leads to more competition for your customers dollar. But were here to help. Spend some time on the ISS website. Youll find fresh marketing ideas, ways security can boost your customers comfort levels, or how to increase revenue with add-on profit centers.

As always, I encourage your feedback. Simply click on the Leave Comment button below or shoot me an e-mail at [email protected].

About the Author(s)

Amy Campbell

Editor, Inside Self Storage

Subscribe to Our Weekly Newsletter
ISS is the most comprehensive source for self-storage news, feature stories, videos and more.

You May Also Like