Industry News

West Greeley Self Storage in Colorado is being given a big reason to start a small business—money. Through the county in Colorado’s Small Business Incentive Program, the County Commission has approved the facility to receive a $20,000 tax credit. The county hopes to encourage small business by helping them offset the cost of land use, building permits, and other...

Southeastern Wisconsin is currently seeing a lot of growth in its self storage industry. Investors are on the prowl for existing facilities and new locations, and lenders are working with them to get projects off the ground. The area has especially seen a lot of activity in the past year, and expects to see even more in the coming months. “It’s been a trend over...

Self storage is commonly used in business settings; from storage for contractors’ building supplies to apparel businesses’s inventory to attorneys’ files. Very few self-storage facilities actually allow the running of a business from the facility itself. One unlikely business, however, has found an exception. Eric Desrosier owns Eric’s Pre-Owned Vehicles,...

The self storage industry is thriving in the United States with more than 50,000 facilities nationwide making more than $24 billion in revenue. With that high number of facilities, one may think there was not a town left without self storage. Edwards, Colorado, however, does not have one—until now, that is. Real estate developers Brad and Bruce Hagedorn have received...

As it turns out, the self storage industry may be more exciting than the average consumer would assume. Self storage has been featured in numerous films and television shows over the years. It has been at the center of plays and comic books. Soon, self storage will be a central element in a series of graphic novels, appropriately entitled ‘Enough Self-Storage.’ The...

The market for self-storage facilities is more and more competitive, with facilities selling for higher prices all the time. Competition is so high, in fact, that a facility in Hollywood, Florida recently sold for a record setting price. Emerald Hills Extra Closet Self Storage, a facility with 128,797 square feet of rentable space divided among 1,970 storage units,...

In order to generate additional traffic, businesses—including self storage—will often combine to form commercial centers or multi-purpose hubs. If the businesses are complimentary, oftentimes customers will find a need for both. Interestingly, even if they are not complimentary, businesses may benefit from each other. A recently approved business center in Gympie,...

  Typically, legislation and discussion surrounding the self storage industry pertains to politicians proposing new legislation to update laws and loosen restrictions. That is not the case in one Maryland county, but local industry notables are supporting it regardless. At the Anne Arundel County Council meeting on July 21, a so-called ‘anti-competition’...

A San Francisco self storage company has decided to make the facility as convenient as humanly possible for at least 17 potential customers; it’s letting them move in! The lucky tenants won’t be moving into a self storage unit of course, but one of the 17 penthouse apartments that it plans to build on the top floor of the building that houses the facility. Blue...

    Posted on Jul 17 2015 - 2:30am by Winnie Hsiu
    #0

    The self storage industry has taken off in the United States and is becoming more and more prevalent around the world. Like other popular ventures, successful services have sprouted from it. For those who need storage, but do not like the hassle of packing and moving things or driving to and from the facility to access belongings, there is valet self storage. Valet...