Industry News

Today’s fast-paced society often puts a premium on multitasking. For those guilty of getting something from their storage unit when they should be working out, or vice versa, the new SmartStop Self Storage facility in Ladera, California, may be the cure. The company is spending $32.6 million to construct a solar powered sports complex, the Ladera Sports Center....

Could the cost of self storage real estate surpass residential real estate? It already has in one Manhattan luxury apartment building, where a 4-foot-by-8-foot steel storage cage in the basement just sold for $65,000 to one of the residents. That works out to about $2,000 per square foot–more than the price of most residential real estate–even in Manhattan. “I...

Storage Wars auctioneers Dan and Laura Dotson are back in the news again, and this time it’s not for beating up another member of the cast. The wife and husband team are going to be expanding their ventures into another segment of the storage auction business. They will be offering self storage auction listings on their website AmericanAuctioneers.com. The two...

Some parents would argue that one can never prepare for Christmas too early. In Johnson, Tennessee, a pair of local self-storage facilities are helping a local charity deck the halls in the dead of summer. The charity is the Johnson City Police Department’s officer-support group, Support Wives and Girlfriends or SWAG. The group formed two years ago as a way to...

Charitable activity is an active ingredient in both self-storage facilities in the United States and abroad. Much like their U.S. counterparts, facilities in the UK like to establish relationships and work with some of the same charities year-in and year-out. Such is the case for Safestore, the largest self-storage company in the UK. Come July the company will be...

Several facilities in the United Kingdom have had reason to change what could be the nine to five grind into a celebration. The UK Storage Co. celebrated an event 10 years in the making—ten years in business and the 10,000th customer. The UK Storage Company opened its doors in June 2005. To commemorate the birthday of the facility and the significant customer milestone,...

During the most recent economic downturn the self storage industry was considered a good investment, which was not true about many other major industries at that time. Still, investors were hard-pressed to approve loans for new construction, leaving developers looking for existing structures to convert into self-storage facilities. Conversions typically cost less...

South Carolina-based Johnson Development Associates, owners of CubeSmart Self Storage, called for immediate removal of Confederate flag from the South Carolina Statehouse Grounds. “We support the immediate removal of the Confederate flag from the Statehouse grounds,” a statement by CEO George Dean “Geordy” Johnson III, said. “In order for South...

    Posted on Jun 25 2015 - 9:05pm by Tony Gonzalez
    #0

    It is not unusual to hear about trouble on the set of reality television shows like Storage Wars. The appeal of reality shows, including Storage Wars, is often found in the chaos caused by the clash of strong personalities featured. Recently the Storage Wars starlets were too strong for their own good and a brawl broke out on the set of the show. According to reports,...

    So-called ‘good’ reality television has to be born of something. Typically topics prey on human behavior—a flare for the dramatic, humans versus the wild, an urge to collect more than we need. The final example may be more common, although not as dramatic, as depicted in Hoarders. Most of us tend to collect more than we need. Who can pass up the dollar aisle...