Industry News

Those who follow the self-storage industry are aware that there is money to be made. Revenue from 2014 reached $28.1 billion. There appears to be no cap on the industry’s growth. On any given day, a self storage facility is sold for millions of dollars, construction begins on a new facility sitting on a multi-million dollar plot of land or a self-storage facility...

For many Americans, finding a place to live in an urban setting is difficult and when that is the case, finding space for storing excess belongings, is often even more challenging. Affordable housing options in urban areas are becoming harder to find, according to the National Bureau of Economic Research. Often, square-footage takes a hit as renters and buyers secure...

    Posted on May 29 2015 - 12:16am by Tony Gonzalez
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    In an industry that grossed $28 billion in revenue last year, and that is expected to do the same this year, it should come as no surprise that companies are willing to spend big in order to expand. Dino’s Storage in Papillion, Nebraska, is in the midst of completing an extensive and expensive expansion plan. Prior to construction, the facility had approximately...

    Memorial Day was originally intended as a time to honor ancestors and the men and women of the Armed Forces. Although the use of the day has morphed for some into an excuse to barbecue, Old Barn Self Storage in Grass Valley, California showed its gratitude by implementing an art project to honor those who have served their country. Lloyd Young, the facility manager...

    The question of expansion for any company, can be threatening with much to gain or to lose. Los Angeles-based valet self storage company Clutter recently took on the risk of expansion with the hope of increased revenue. Clutter currently serves customers in Santa Monica, Venice, and West Los Angeles. Their expansion is scheduled to include Orange County and San Diego. When...

    Certain aspects of the self-storage industry differ from one country to the next, but supporting charities in their respective communities, seems to be universal. Australian self-storage company Fort Knox Self Storage has worked tirelessly over the years to benefit charities including the Melbourne City Mission, Helping Hands – Autism Spectrum Disorder (ASD) Intervention,...

    Two tedious aspects of valet self storage might soon be eliminated for customers and operators, according to Charles and Miles Davison, co-founders of Hong Kong-based valet-storage business StuffGenie Ltd. Valet self storage, a relatively new service in the self-storage industry, offers customers mobile storage units, delivered straight to their home. Customers load...

    As self-storage companies attempt to differentiate themselves through amenities available and increased convenience, some traditional self-storage facilities fall behind as a growing segment of the industry specializes in convenience—valet self storage. The nation’s self-storage marketplace includes more than 50,000 self-storage facilities. Although only...

    With more than 50,000 self-storage facilities in the United States, the competitive landscape can be steep for facilities in some areas. Portland Oregon, however, is not one of those places. And one self-storage company is looking to grow fast before the landscape changes. Get Space, a new self-storage company, is expected to open its first facility in June. They...

    For the second year, StorageMart self storage in Missouri worked to raise awareness for kids in foster care in honor of Foster Care Awareness Month, which is May. To increase awareness for the thousands of kids in the Missouri foster care system, StorageMart organized Shoe In for Foster Care, a public shoe drive. Donations were accepted at the facilities in Columbia...