Industry News

Woman looking over documents in an office
Several State Associations Pushing Self Storage Insurance Laws

By Alex Hassel, For many self storage operators, it’s standard practice to offer insurance with a tenant’s rental. However, there are some who worry whether or not this could become a legal issue. At this time, in 30 states, there are no laws that say ...
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Helicopter in hangar
Could Self Storage Be the Solution for the Helicopter Surplus?

By Alex Hassel, With a surplus of helicopters and few places to put them, manufacturers and some owners are looking for storage alternatives for their aircraft. The Wall Street Journal reports that the oil-industry downturn has actually created a surplus of helicopters. Two years ago, demand ...
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Tiara with other prom accessories in background
Westy Self Storage Collecting Prom Dresses in Long Island

By Alex Hassel, You’ll be seeing a lot of formal wear at Westy Self Storage in Long Island, N.Y. No, the facility isn’t holding any sort of banquet or gala, but it is hosting a collection drive for the Long Island Volunteer Center’s (LIVC) Prom Boutique. Westy ...
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Middle-aged man checking computer while drinking coffee
List Self Storage Offering Free Webinar Series

If you have burning questions about the self storage industry, List Self Storage (LSS) could have your answers. The self storage property sale site is hosting a free webinar series focused on the big issues in the real estate sector of the self storage industry. The ...
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Alaskan landscape
Self Storage Operators Lobbying for Alaska’s First Lien Law

By Alex Hassel, A group in Alaska is pushing to pass the state’s first self storage lien law. At this time, Alaska and Nebraska are the only states left in the U.S. without one. Charles Brobst, a self storage auctioneer, is spearheading the bill for a ...
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Male artist painting on canvas
California Storage Facility Is a Haven for Artists & Musicians

By Alex Hassel, Imagine if the next great artist painted their masterpiece at a self storage facility, or even if the next great musician cut their hit album a few units away. This scenario isn’t too hard to consider at Bridge Self-Storage and Art Spaces ...
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Solar panels with blue sky in background
CubeSmart Brings Net Zero Energy Self Storage Facility to Austin

By Alex Hassel, Recently, CubeSmart opened the very first “net zero” commercial building in Austin, Texas. This means the self storage facility makes more solar energy than it uses. The facility at 6130 E. Ben White Blvd. opened in March 2016. Farragut Investments, Inc., the property ...
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Model of a storage facility owned by The Jenkins Organization
The Jenkins Organization Invests $169 Million in Minnesota and Texas Markets

By Alex Hassel, News Reporter, The Jenkins Organization is turning heads in the Minnesota and Texas self storage markets. The company recently announced one self storage development and two storage facility acquisitions in Minneapolis, as well as 15 developments and five acquisitions throughout Texas. Based in Houston, ...
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Sports car in RoboVault storage
High-End Storage Unlocks Unique Experiences

By Alex Hassel, Imagine a storage facility where a robotic mechanism will retrieve a renter’s belongings upon request and place them in a room, ready to go. Or picture a storage facility that allows someone to store several cars, but also furnish a loft in ...
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View of New Hampshire outdoors
Bluebird Self Storage Builds Facilities Across New Hampshire

By Alex Hassel, After cutting the ribbon on a self storage facility in Rochester, N.H., in January 2016, the New Hampshire Union Leader reports that Bluebird Self Storage has new facilities in development in Manchester, Bedford, and Hooksett. The four locations will add about 2,500 units ...
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Man viewing Bin-It on his smartphone
Bin-It Offers On-Demand Storage in Nashville, Philadelphia, and NYC

By Alex Hassel, A bin rental company is turning its attention to on-demand storage after many requests from its customers. Bin-It is now offering its new service in Nashville, Philadelphia, and New York City. Co-founder and CEO Robert Theryoung says there's a large need for ...
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close-up of vehicle being towed
Washington Self Storage Bill Caught in Budget Crossfire

By Alex Hassel, It looked like SB 6148—a bill concerning how to handle personal property in a self storage facility—in the state of Washington was a sure thing. The bill passed unanimously in both the House and Senate and would've allowed storage operators in the ...
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sand bags with buildings in background
U-Haul Offers Free Self Storage After Louisiana Floods

By Alex Hassel, U-Haul is rolling up its doors for flood victims in Shreveport and Bossier City, La. After torrential rains forced thousands of people out of their homes across the South, U-Haul announced it will offer 30 days of free self storage to victims. The ...
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Guy in suit building with wood blocks
MJ Partners Recommends Storage Operators Develop New Properties

By Alex Hassel, Self storage acquisitions continue to be a hot commodity. Since existing facilities retain high occupancies, REITs and even smaller self storage companies are snatching up high-yielding properties wherever they can. An article from discusses a report from MJ Partners, a self storage ...
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Boulder CO mountains
LifeStorage Enters Colorado Market with Four-Facility Portfolio

By Alex Hassel, There’s a new player in the Boulder, Colo., self storage market. List Self Storage reports that LifeStorage, based in Roseville, Calif., acquired four properties in Boulder. LifeStorage bought the properties from Heitman, a real estate investment management firm based in Chicago, Ill., which ...
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