Industry News

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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Long shot of a call center
Store Here Opens New Self Storage Call Center

By Alex Hassel, Less than a year after Tron Jordheim joined Store Here Self Storage Management, a new call center has emerged from the brand. Call Here is a new service the company has launched to give self storage owners and operators a cost-effective way ...
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Neighborhood street in Arizona
Power Ranch Neighborhood in Gilbert, AZ Needs More Self Storage

By Alex Hassel, Just a 30-minute drive southeast of Phoenix, the population of Gilbert, Ariz., is snowballing. In fact, it's been snowballing for decades. According to Gilbert's website, the city was home to 5,717 people in 1980. By 2015, the population had risen to an estimated 242,955. ...
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U-Haul facility in Pittsburgh, PA
U-Haul Announces Acquisitions in Maryland, Michigan, and Pennsylvania

By Alex Hassel, U-Haul continues its endeavor to build its portfolio by reusing or renovating old buildings. The company recently announced acquisitions of a warehouse in Michigan, a mini storage property in Maryland, and an iconic storage building in Pennsylvania. All of these acquisitions were ...
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Talonvest Capital at 2016 Walk for Kids event
Talonvest Capital Supports Orange County Ronald McDonald House

By Alex Hassel, The Orange County Ronald McDonald House has found a strong ally for its efforts to improve the health and well-being of children. The charity awarded Talonvest Capital Inc., a boutique self storage and commercial real estate advisor, its Top Corporate Fundraising Award for the second ...
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Interior of storage facility
Stor-Guard Introduces New Smartlok Overlock System

A new piece of technology is making its debut in the self storage industry. Stor-Guard, a company specializing in design, manufacturing, installation, and security in the storage sector, is introducing its new Smartlok Solutions at the 2016 Inside Self-Storage World Expo. Stor-Guard says this new system ...
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Shovel in dirt with plant
CubeSmart Celebrates Earth Day with Green Initiatives

By Alex Hassel, A day to recognize the importance of environmental protection comes easy for CubeSmart. The self-administered and self-managed real estate investment trust focused on self storage is celebrating Earth Day by taking a look at its success in its Plant a Tree program. CubeSmart ...
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Gavel on book
Nebraska Will Go Another Year Without Self Storage Lien Law

By Alex Hassel, Nebraska, one of the two states left in the U.S. without a self storage lien law, will have to wait a little longer to get one. Nebraska’s 2016 legislative session ended on April 20, and LB 854 has been indefinitely postponed. The ...
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Line of model homes
Midwest Housing Shortage Could Be an Opportunity for Self Storage

By Alex Hassel, The Midwest has become a seller’s market for real estate, according to a Bloomberg report released in early April. In fact, the region is suffering from major housing shortages, particularly in cities like Omaha, Neb., and Minneapolis, Minn., where population growth is rising due ...
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Woman looking at on laptop
OpenTech Bringing National Attention to Storage Treasures

By Alex Hassel, Exactly three months after OpenTech Alliance announced its majority stake in the online and on-site self storage auction platform, Storage Treasures LLC, OpenTech is bringing into the national spotlight. The self storage technology provider says it’s rolling out an aggressive television ...
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Skyline shot of Charlotte, NC
Taylor/Theus Making Big Move in Charlotte Self Storage Market

Around 400,000 square feet of self storage is on its way to Charlotte, N.C. The Charlotte Business Journal reports that Taylor/Theus Holdings Inc., has four storage projects under construction. The first is an expansion of an existing storage facility at 3308 South Blvd., which will double the facility's 65,000-square-foot space. New ...
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