Industry News

Scott Simon, a resident manager at A1 U Store It in St. Louis, Missouri cashed in in Las Vegas this week. Attending the four-day Inside Self-Storage World Expo on April 25-28, Simon beat out other self-storage operators to win ISS’s annual “Loving Las Vegas” Video Challenge. The video challenge asked facility managers and owners to submit a short video creatively...

The demand for self-storage services is on the rise all over the world. This is seen in the growth of the traditional market; of valet, or on-demand self-storage; and now with the advent and expansion of peer-to-peer self-storage services. The peer-to-peer business model is rather simple: people with extra space in their homes or offices can list it for rent on the...

The cost of providing services is always on the rise, so cities actively seek out new sources of revenue. In Yonkers, New York, the City Council will convene this week to vote on whether or not to require special licenses for self-storage facilities. If the legislation passes, it will provide a boost of income for the city. The initial cost for the self-storage companies...

Kevin Forcier and Daniel Borenstein launched their self-storage website, Storekat, in February. The young company recently received a major boost by being accepted into the Curtin University Accelerate Program. The program accepts four or five individuals or teams that have new businesses—the stipulation is they are current students, alumni, or faculty of the university—and...

The Zoning Board for Woonsocket, a city in Providence County, Rhode Island, has approved a plan to recondition an abandoned eyesore by means of self storage and recreation. Located on the city’s main commercial strip, the former WalMart shopping plaza closed in 2011, and has fallen into ever-greater disrepair over the last five years. According to The Call, a Woonsocket-based...

The rapid growth of valet, or on-demand, storage is evidence that many people are willing to pay a premium price for self-storage convenience. These valet companies deliver proprietary packing boxes to their customers, pick up the packed and ready ones at a pre-arranged time, and store them. When customers request stored items, the valet service delivers them straight...

Storabora.com is a new marketplace that aims to connect people who are in need of storage space with nearby residents who have space to spare. The concept behind Storabora began when Stephanie Laue, recently divorced and a single mother, realized that she needed to get creative to produce some much needed extra income. She had a large garage that she wasn’t using,...

    Posted on Apr 21 2016 - 2:54am by Tony Gonzalez
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    In May, self-storage professionals in Asia will gather in Singapore at Self-Storage Expo Asia 2016 to share ideas, innovations, and to network. From May 11-13, over 225 industry professionals will gather at the Hotel Fort Canning where they will hear from industry experts from around the world who will provide their insights about the current state of self-storage...

    Derrel Ridenour is more than a simple businessman. The owner of Derrel’s Mini Storage, with 57 locations in the Fresno, CA area, is an animal lover who has dedicated his life to fighting their causes. In 1998, Ridenour was instrumental in establishing The Hope Animal Foundation, one of the premier low-cost spay and neuter facilities in California. He’s now on...

    It’s all about the location, location, location. Owners who have facilities in large metropolitan areas with high demand for self-storage, with convenient access from major thoroughfares, are demanding, and getting, top dollar from those who want to buy the property. Development is extremely difficult in these population-dense, apartment-rich areas, making existing...