Industry News

Blueprints of commercial real estate buildings
Houston-Based NewQuest Properties Joins Self Storage Industry

By Alex Hassel, After working as a full-service commercial real estate company for the last 15 years, Houston-based NewQuest Properties is turning its attention now to the self storage industry. The company is launching a self storage development group to join the fast-growing industry. Its ...
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Photo of Dante or Die's "Handle With Care"
Theatre Company Out of London Brings Self Storage Stories to Life

By Alex Hassel, For many people, self storage is a safe place to store belongings of emotional or nostalgic value while going through a difficult life transition. Dante or Die, a theatre company out of London that specializes in site-sensitive productions, is bringing these stories to life with its newest ...
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Woman writing document
Michigan Passes Self Storage Tenant Insurance Bill

By Alex Hassel, Michigan has become the 22nd state to allow point-of-sale self storage tenant insurance. Self storage operators in the state are celebrating after Governor Rick Snyder recently signed House Bill 4636 into law. This means self storage operators no longer need a license to ...
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Shaking hands over contractual documents
Sovran Self Storage Acquires LifeStorage for $1.35 Billion

By Alex Hassel, You’re about to see a lot more Uncle Bob’s Self Storage locations across the U.S. By the same token, Life Storage, LP is about to be a thing of the past. Sovran Self Storage, which owns the Uncle Bob’s brand, recently announced ...
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Desktop computers in a row
SiteLink Reaches New Breakthrough With 13,000th Customer

By Alex Hassel, Web-based self storage software and payment processing company SiteLink is celebrating its most recent milestone of 13,000 customers. This comes after California-based Peter Phillips, General Manager of Stor-More Self Storage, became SiteLink’s newest client. “Going through a software conversion for a 700-unit storage ...
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Mockup of Baranof Holdings' Glenwood Ave Self Storage building
Baranof Holdings Makes Big Leap Into Self Storage

By Alex Hassel, Baranof Holdings, a Dallas-based developer, has eight different self storage properties in various levels of development. This is the organization’s first move into the self storage industry. “Superior fundamentals in the space that are not found in any other property type,” says Andy ...
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Screenshot of Boxbee's on-demand storage route builder
Thinking About Offering On-Demand Storage? Boxbee Can Help

By Alex Hassel, After pioneering the on-demand storage market back in 2012, Boxbee is now influencing the self storage industry in a different way. Kristoph Matthews, Founder and CEO of Boxbee, sold the company’s on-demand service to records management company Iron Mountain earlier in 2016 to ...
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Photos from SiteLink's 2016 User Conference
SiteLink Celebrates 2016 User Conference Success

By Alex Hassel, SiteLink, a leader in web-based software and payment processing in the self storage industry, held its fifth user conference on April 24, 2016 at the Bally’s Las Vegas Hotel and Casino. After taking a year off in 2015, the annual conference came ...
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Fitness enthusiast with kettlebell
Personal Gyms: The Next Big Trend for Self Storage Units?

By Alex Hassel, Across the U.S., self storage operators are allowing tenants to bring exercise equipment into their storage units to set up gyms. Why would someone want to work out in a storage unit? For some, it's a matter of creating a personal gym ...
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Compass Self Storage facility in Nashville, TN
Compass Self Storage Continues to Grow in Nashville

By Alex Hassel, Compass Self Storage (CSS) is making a deeper footprint in the Nashville market. The brand is a member of the Amsdell family of companies and recently announced the acquisition of its newest facility at 1703 Green Ln. in Shelbyville, Tenn. This addition ...
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Business partners shaking hands
Crow Holdings Capital Focuses on Self Storage Investments

By Alex Hassel, A big investment firm out of Dallas is throwing its hat into the self storage market. Crow Holdings Capital – Real Estate (CHC-RE), an asset manager of private equity real estate funds, has announced that it recently begun concentrating on self storage. ...
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Exterior of commercial building
Storage Pros Management Acquires 12 New England Self Storage Facilities

By Alex Hassel, Storage Pros Management LLC’s portfolio size is climbing back up. The company recently announced the acquisition of 12 self storage facilities in New England, adding up to more than 575,000 square feet. The locations are spread throughout Connecticut, Massachusetts, and Rhode Island. “In ...
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I-5 Self Storage in Tustin, CA
California Self Storage Facility Grabs Attention with Motorsports Theme

By Alex Hassel, One self storage operator in Tustin, Calif., has caught the attention of potential renters with a motorsports-themed facility. Before entering the self storage industry, Randy Scott Wong was a criminal prosecutor, stock broker, director of a nonprofit, professional photographer, and professional motorcycle ...
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Fire in woods
StorageMart Donates Self Storage to Alberta Wildfire Evacuees

By Alex Hassel, A wildfire out of control in Fort McMurray, Alberta, Canada, has caused what Prime Minister Justin Trudeau calls “the largest fire evacuation in Alberta’s history.” While residents are scurrying to save their belongings, StorageMart is providing what relief it can. The company ...
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Man typing at computer
StorTrack Introduces New Features for Subscribers

By Alex Hassel, StorTrack, a popular resource for self storage market data, is offering more value to its customers now. The company announced new features for its online service at the 2016 Inside Self-Storage World Expo. StorTrack Online and Online PLUS subscribers can now benefit ...
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