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When is the right time to sell your storage facility?

When is the right time to sell your storage facility?

Jay MacDonald April 8, 2014 2

Should you sell your self-storage facility? While the answer ultimately comes down to individual circumstances, a handful of market factors—including supply and demand, financing rates and consumer mobility—are highly likely to sway your decision.

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‘Storage of the Lambs’? Facility from iconic 1991 film goes up for sale

‘Storage of the Lambs’? Facility from iconic 1991 film goes up for sale

Alexander Harris March 17, 2014 0

Want to own Hannibal Lecter’s storage unit? The self-storage facility featured in the 1991 film “Silence of the Lambs” is going up for auction April 24. The 105,900-square-foot facility, at 7502 Thomas Blvd. in

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In the line of duty: Facility owners reunite son with dad’s WWII medals

In the line of duty: Facility owners reunite son with dad’s WWII medals

Jenni Laidman March 12, 2014 0

Dave Kalbaugh isn’t at all sure what made him peek inside the cardboard box that he was toting to the Dumpster. It was just one among a tower of crates headed for the trash

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Belly up to Virgil’s Bar and Self Storage in Missouri

Belly up to Virgil’s Bar and Self Storage in Missouri

Jan Peterson March 11, 2014 1

Travelers on Highway 13 in southwest Missouri can tell at a glance that there’s a lot going on at a colorful business just north of Springfield, MO. First, there’s the name: Virgil’s Bar and

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Treasured spot: Island setting offers storage with a view in San Francisco

Treasured spot: Island setting offers storage with a view in San Francisco

Janet Haney February 25, 2014 0

Entrepreneurs Alex Rozkin and Vitali Barkouski recently seized an opportunity to create a self-storage facility surrounded by a million-dollar view. The two Russian immigrants and longtime friends knew there was a shortage of truck

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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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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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Entrepreneur carves out cavernous underground storage facility in Kansas

Entrepreneur carves out cavernous underground storage facility in Kansas

Deb Hipp January 20, 2014 5

Not many people get into the self-storage business as the result of a joke. For Coby Cullins, though, that’s exactly what happened. Cullins, a small business owner, enjoys spelunking, the sport of exploring caves.

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Safeguard Self Storage targets Chicago for development

Safeguard Self Storage targets Chicago for development

Alexander Harris January 15, 2014 1

Atlanta-based Safeguard Self Storage is looking to conquer Chicago, starting with the construction of two urban self-storage facilities this year. The multistory buildings will span 113,000 square feet of rentable space and cost up

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7 self-storage operators to watch in 2014

7 self-storage operators to watch in 2014

Alexander Harris December 30, 2013 1

Without a doubt, 2013 wound up being an exciting year for the self-storage industry. While the publicly traded REITs dominated the big portfolio deals of the year, many smaller private operators sought to expand

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