About Alexander Harris

Alexander Harris is a reporter covering the self-storage industry.

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Brazil’s GuardeAqui snags another U.S. investor

Brazil’s GuardeAqui snags another U.S. investor

Alexander Harris February 13, 2014 1

Brazil has attracted yet a second U.S. investor looking to funnel money into the nation’s burgeoning self-storage industry. Morgan Stanley Alternate Investment Partners has formed a joint venture with GuardeAqui, the largest self-storage operator

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Self-storage promotions and hirings: CubeSmart shakes up executive ranks

Self-storage promotions and hirings: CubeSmart shakes up executive ranks

Alexander Harris February 13, 2014 0

Self-storage REIT CubeSmart LP announced three promotions and one hiring Feb. 6, following the recent ascension of Chris Marr to CEO. Marr was chief investment officer and chief operating officer, and he remains president.

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SmartStop punches up marketing with MMA sponsorship

SmartStop punches up marketing with MMA sponsorship

Alexander Harris February 12, 2014 1

SmartStop has a knockout strategy for boosting awareness of its brand. SmartStop will sponsor Mixed Martial Arts (MMA) fighter Shawn “The Great” Bunch for the next three years, providing the fighter with financial support

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Metro Self Storage aims to be biggest operator in Brazil

Metro Self Storage aims to be biggest operator in Brazil

Alexander Harris February 11, 2014 1

One of the largest self-storage operators in the U.S. has gone international. Chicago-based Metro Self Storage LLC has teamed up with a Brazilian real estate investment company to open a chain of self-storage facilities under

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U-Haul sees 17% spike in self-storage revenue

U-Haul sees 17% spike in self-storage revenue

Alexander Harris February 6, 2014 0

U-Haul is growing its self-storage segment, and it’s paying off. During the third quarter, U-Haul’s self-storage revenue shot up 17 percent compared with the same period a year earlier. U-Haul brought in $46.1 million

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After sale to Public Storage, Southern Self Storage starts from scratch

After sale to Public Storage, Southern Self Storage starts from scratch

Alexander Harris February 5, 2014 3

After selling its entire portfolio to Public Storage Inc. last year, Southern Self Storage is back in the game. The Palm Beach Gardens, FL-based operator recently bought the 64,290-square-foot Village Self Storage facility at

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Self-storage construction spending hits four-year high

Self-storage construction spending hits four-year high

Alexander Harris February 4, 2014 2

Shovels were well-used tools in the self-storage business last year. And they could be even more prominent in 2014. Construction spending on self-storage facilities is on the rise, with $530 million tallied in 2013.

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Single-facility deals dominated self-storage acquisitions in January

Single-facility deals dominated self-storage acquisitions in January

Alexander Harris February 3, 2014 0

The first month of 2014 was fairly busy for single-facility acquisitions. Notably absent were large portfolio deals, which dominated the fourth quarter of 2013. Extra Space Storage Inc., however, did finally close on a

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How Public Storage essentially killed a proposed competitor in its own backyard

How Public Storage essentially killed a proposed competitor in its own backyard

Alexander Harris January 30, 2014 1

When faced with competition, many self-storage operators beef up marketing or maybe offer new discounts. Public Storage Inc. took a different approach when a competing facility was proposed less than a quarter of a

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