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Self-Storage Conversions Open Doors to New Markets

Self-Storage Conversions Open Doors to New Markets

Beth Mattson-Teig September 19, 2013 2

Tackling a self-storage conversion project can be much harder than putting up a brand-new facility. Yet the challenges can be well worth the extra effort when it opens the door to urban markets. “What

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Tough Sell? Recent Listings May Test Buyers’ Appetite for Self-Storage

Tough Sell? Recent Listings May Test Buyers’ Appetite for Self-Storage

Beth Mattson-Teig September 18, 2013 1

Self-storage properties have been selling like hot cakes in the past 18 months. Yet two sizable portfolios now on the market may provide fresh insight into just how discriminating today’s investors are in this

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States Update Laws Regarding Lien Notices

States Update Laws Regarding Lien Notices

John Donegan September 17, 2013 0

Already this year, a dozen states have made significant legislative changes affecting the self-storage industry. The Self Storage Association and its state affiliates are working with state legislators to update storage laws. Here’s a

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When Should You Turn to Third-Party Management?

When Should You Turn to Third-Party Management?

Emmet Pierce September 16, 2013 3

If you’re an independent self-storage operator struggling to compete against larger companies with deep pockets, you may want to consider hiring a third-party manager. When you hire an experienced third-party management company, you’re tapping

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Online Self-Storage Auctions: A Legal Gray Area

Online Self-Storage Auctions: A Legal Gray Area

John Donegan September 12, 2013 2

With more self-storage operators expressing interest in online auctions, The Storage Facilitator decided to examine their advantages, disadvantages and legal implications. Not surprisingly, there’s some disagreement on the subject. PROS 1. Online Auctions Are

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Storage Outlet: Keeping It Cool in Southern California

Storage Outlet: Keeping It Cool in Southern California

Troy Anderson September 11, 2013 3

As one of the closest self-storage facilities to any beach in Southern California, the Storage Outlet offers several unique features, including a laid-back surfer vibe and a refreshing sea breeze. Angel Gonzalez, property manager

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Selling Your Self-Storage Facility: A 5-Point Checklist

Selling Your Self-Storage Facility: A 5-Point Checklist

Emmet Pierce September 10, 2013 4

The self-storage real estate investment trusts (REITs) are in the market for storage facilities, but before you put your business up for sale, make sure you’ll be getting your property’s full value. REITs often

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David Hester Wins Round in Ongoing ‘Storage Wars’ Battle

David Hester Wins Round in Ongoing ‘Storage Wars’ Battle

John Donegan September 9, 2013 1

Former “Storage Wars” star David Hester just might have been popping open champagne bottles in his lawyers’ office recently. Los Angeles County Superior Court Judge Michael Johnson recently refused to throw out Hester’s wrongful-termination

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Affiliate of Strategic Storage Trust Seeks $1.1 Billion IPO

Affiliate of Strategic Storage Trust Seeks $1.1 Billion IPO

John Egan September 5, 2013 4

An affiliate of Strategic Storage Trust Inc.—which operates under the SmartStop Self Storage brand—wants to become a publicly traded REIT and raise nearly $1.1 billion in an IPO. The bulk of the IPO proceeds

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7 Tips for Boosting Your Organic Web Traffic

7 Tips for Boosting Your Organic Web Traffic

Deb Hipp September 4, 2013 1

If you’re a small self-storage operator, you’ve seen those pay-per-click advertisements at the top of online search results. Huge companies like Uncle Bob’s and Public Storage spend millions of dollars on them. So, is

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