Industry News

    Posted on Mar 4 2015 - 9:15pm by Winnie Hsiu
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    MakeSpace announced yesterday that they are expanding their self-storage business to Chicago and Washington, D.C. The Chicago facility is now open and they anticipate the D.C. facility will open in April. “We’re thrilled to bring our beloved New York City service to Chicago and D.C. residents who need a storage solution that works for their busy, on-the-go lifestyles,”...

    As in every business, self-storage companies look to minimize costs. And, real estate is often the first opportunity to do this. One industry short-cut: purchasing and converting an existing building instead of building new construction. And, there are many existing structures that work well with this model. Grocery stores, department stores, paint factories, and...

      Posted on Mar 2 2015 - 10:19pm by Winnie Hsiu
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      On August 24, 2014, an earthquake measuring 6.0 on the Richter scale hit Napa, California, seriously damaging the Napa Self Storage facility. Tenants at the facility have struggled for the last five months to get their belongings, with no success. Now, several hundred of the tenants are hoping to appeal to the public’s goodwill to help to raise part of the money...

      United Kingdom-based SpaceWays recently announced they will be entering the self-storage industry in Australia by establishing their first facility in Sydney. Once operating well in Sydney, SpaceWays will look to expand to other Australian cities. And, based on their brief, but successful history, that expansion won’t be long in coming. Rob Rebholz, SpaceWays co-founder,...

      For years, converting existing structures into self-storage facilities was preferred over new construction. And that methodology is exactly what Island Self Storage in Hawaii is hoping to employ with its next project. Should their proposal be approved by Kauai County officials, the company will be looking to do something rather unique. It will convert the several...

      The self-storage industry is well established in the United States, Canada, and the United Kingdom. The rest of Europe and Australia aren’t far behind. Asia, on the other hand, is considered an open frontier. And, Edward Thirlwall, founder of Supercheap Storage of Australia, recently decided to take his company to China. Supercheap Storage is container-based self-storage;...

      Presidential campaigns are historical and worth remembering. That’s precisely what Robert Wright had in mind when he began collecting presidential campaign memorabilia in 1968. And his impressive collection now sits in several self-storage units on Long Island in New York. Over the years, Wright is said to have collected thousands of campaign items. His first piece:...

      SmartStop® Self Storage recently announced its Team SmartStop® 14-man roster for the 2015 cycling season. Ten are cyclists from the 2014 team and four are new to the team. SmartStop® Self Storage has 126 self-storage properties in 17 states and in Canada and proudly sponsors sports teams of all types. Formed in 2007, the men’s cycling ‘Team SmartStop®’ is...

        Posted on Feb 20 2015 - 10:29pm by Winnie Hsiu
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        Although it’s early in the year, 2015 is proving promising for self-storage companies around the United States. Industry growth is seen as a result of both company expansions and acquisitions as well as increased demand for storage. Three companies in particular, Store Here, Extra Space Storage, and Global, have recently added large numbers of properties to their...

        The self-storage industry is well-established in the United States, and growth is spreading worldwide. With differences in cultures and customs, some areas are starting to see a different variation of the business; valet self-storage. The small island city-state of Singapore has one of the denser populations in the world with over 19,000 people per square mile, and,...