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Some Facilities Still Mine Gold from Yellow Pages

Some Facilities Still Mine Gold from Yellow Pages

Kerry Curry October 29, 2013 5

In the pre-Internet days, everyone relied on the Yellow Pages—those brightly colored business pages in the phone book that helped people find everything from antique malls to car repair shops. Some self-storage facilities, especially the

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Public Storage Wins Bidding for Morningstar Portfolio

Public Storage Wins Bidding for Morningstar Portfolio

Beth Mattson-Teig September 24, 2013 0

Public Storage Inc., the country’s largest self-storage REIT, beat out a field of competing bidders for a 43-property self-storage portfolio owned jointly by Harrison Street Real Estate Capital LLC and Morningstar Properties LLC. The

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Self-Storage Resident Managers: Pros and Cons of a Fading Trend

Self-Storage Resident Managers: Pros and Cons of a Fading Trend

Nick DiUlio September 23, 2013 5

For many self-storage managers, one of the profession’s greatest perks is the ability to live on-site. It’s a common arrangement that not only provides customers with an added sense of security and convenience. But

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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 1

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 0

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 0

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 2

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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