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John Stevens

John Stevens from Extraspace.com reports on the thriving self storage industry in the Pacific Rim and around the world with information from sources such as AsiaOne Business magazine, Inside Self Storage and operator websites. John is an avid blogger and outdoor enthusiast.

One of the many hard decisions that a self storage company has to make is figuring out when or if it is time to expand. This could be simply making an existing facility larger or moving in to an entirely new market. SpaceWays, a new self storage company based out of Berlin, opened its London facility in July and has already decided it is time to expand in to Paris. The...

Growth. That word is synonymous with the Store Room, a Manchester-headquartered self-storage company in the United Kingdom. They expanded all six of their facilities and have increased its workforce by 10 percent. They were able to accomplish this because they secured a long-term loan from Lloyds Bank Commercial Banking. Lloyds Bank Commercial Banking lent them almost...

With the popularity that self storage lien auctions have achieved, it would be easy to conclude that facility managers must like them. After all, more and more people are attending the auctions, and there is always a chance of being featured on one of the reality shows, right? That could not be further from reality. Most managers would much rather collect the rent that...

For some, giving to charity is a way to get around paying taxes. For the people at A-1 Self Storage in California, it’s about so much more. via Shutterstock A-1 Self Storage has a long history of giving to charities within the community. By doing so, they believe that they’re increasing the value of the community and hence the value of the company. However,...

The speakers at a business conference can make or break the event. Finding the right mix of people who are interesting, topical and relevant to the marketplace can take time. Luckily, the Association of Brazilian Self-Storage Operators seems to have had no problem lining up talented speakers for its November conference. via Shutterstock Over the course of the two-day trade...

via Shutterstock What does ABC Self Storage in Pittsburgh, Pennsylvania, have that many other self storage businesses don’t? Two floors in their facility boast custom-sized rooms that bands can use for practicing. When Mike Barry purchased a former warehouse in 1996, he turned half of it into an ABC Self Storage facility. The other half houses his commercial dumpster...

The job of a self storage facility is pretty cut and dry. People want to store things so they rent a self storage unit and do just that. However, if you look at a self storage facilities purpose in a metaphorical sense it is not just to store stuff. Everything inside a self storage unit says something about the person renting it from their clothes to their toys, and even...

When it comes to making money in the self storage industry, some companies will do anything they can in order to increase the bottom line. via TheRealDeal.com Most facilities will sell complimentary products like packing supplies and locks, but those items do not generate significant revenue. Many facilities have engaged in deals with telecom companies to rent space for...

Business is good in the self storage industry, but like in any business you want to be careful about trying to bite off more than you can chew. People will always need more space. While most folks may like the idea of moving in to a bigger house or apartment to meet their need for more space the hassle and expense is more often than not more than folks can bear. So they...

The self storage industry has become a rather sought-after investment opportunity. While this is good news for the industry, there is a catch. MIchael Hicks/Flickr (Creative Commons) Lenders are still more apt to approve loans for converting an existing structure into a self storage facility or renovating an old one than to approve loans for new construction. Since this...