Self Storage
Self Storage: REITs End Year on Positive Note, Self-Storage Could Outperform in 2010

Self Storage: REITs End Year on Positive Note, Self-Storage Could Outperform in 2010

Posted 01.05.2010 | Categories: Self Storage | No Comments

After a year of roller-coaster performance, the real estate investment trusts are ending the year on a high note; but investors shouldn’t expect as much excitement in 2010, according to The Wall Street Journal. One of the few REITs that may perform well next year is self-storage, as it isn’t dependent on job creation. Early […]

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Self Storage: Equity Based Services, Inc. Acquires Another Class-A Self Storage Project in Texas

Posted 12.14.2009 | Categories: Self Storage | No Comments

DALLAS, Dec. 7 /PRNewswire/ — EBS, a San Diego based Self Storage Operator, acquired its 64th property with the closing of Advantage Storage in Plano, Texas. This is the 24th property that EBS has acquired and now operates in the State of Texas. Equity Based Services, Inc. (“EBS”) announced today that they have purchased Advantage […]

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Parking: These Overlooked Real Estate Investments Are Great Choices Today

Posted 11.19.2009 | Categories: Self Storage, Parking Facilities | No Comments

A smart older real estate investor once told me, “In lean markets, buy raw land and hang onto it. Land can’t burn down. Nobody can steal it. If you’re patient, its value always increases. And you don’t even have to insure it.” That’s wise advice. Yet undeveloped land isn’t the only smart real estate investment […]

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Invest in Self Storage – A Stable Option in an Economic Downturn

Posted 11.16.2009 | Categories: Self Storage | No Comments

With the sudden collapse of the residential real estate market in recent months, many people have chosen to invest in self storage facilities. These facilities offer several advantages over investments in residential or other commercial real estate opportunities. These advantages include low monthly maintenance costs, high profit potential, and the general ease of ownership. Unlike […]

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Self Storage: U-Store-It Closes $351.2 Million in Capital Raising Efforts and Reports Third Quarter 2009 Results

Posted 11.16.2009 | Categories: Self Storage | No Comments

FFO of $0.18 per Share Exceeds Company Guidance U-Store-It Trust (NYSE: YSI) announced its operating results for the three months ended September 30, 2009 and announced the closings of transactions related to its capital raising initiatives including closings of property dispositions, secured loans, a joint venture transaction and a follow-on equity offering. “We ended the […]

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Self Storage: Five Challenges Faced by Today’s Self-Storage Owners and How to Maximize Your Asset

Posted 11.09.2009 | Categories: Self Storage | No Comments

The famed artist, sculptor and engineer Michelangelo is credited with this quote: “The greater the danger for most of us lies not in setting our aim too high and falling short, but in setting our aim too low and achieving our mark.” If your self-storage business is experiencing a crunch from the economy, if new […]

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Self Storage: Harrison Takes Nine-Asset Portfolio

Self Storage: Harrison Takes Nine-Asset Portfolio

Posted 10.27.2009 | Categories: Self Storage | No Comments

HOUSTON-Harrison Street Capital LLC continued building its presence in Texas with the acquisition of a state-wide, nine-asset self-storage portfolio. The Chicago buyer acquired the 5,303-unit portfolio, which hit the market at $71 million, from CLPF-Self Storage LP, a partnership under the auspices of ING Clarion Partners in New York City. The assets, which operate under […]

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Self Storage: Safeguard Self Storage Opens New Self Storage Facility in Miami

Self Storage: Safeguard Self Storage Opens New Self Storage Facility in Miami

Posted 10.19.2009 | Categories: Self Storage | No Comments

Safeguard Self Storage expands its presence in the Miami self storage market with the opening of its newest location in Coconut Grove. This self storage facility is Safeguard’s 13th Florida location and offers the Coconut Grove community 398 storage units in a variety of sizes, with modern security features and many amenities. Miami, FL (PRWEB) […]

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Self Storage: Self-Storage in the South-Central States – Real Estate Snapshot

Self Storage: Self-Storage in the South-Central States – Real Estate Snapshot

Posted 09.23.2009 | Categories: Self Storage | No Comments

I recently assembled a roundtable of real estate experts to discuss the state of self-storage in the South-Central United States. I asked them to comment on their local markets and share their predictions for future performance. Joining us in the discussion are: Bill Barnhill, Stuart LaGroue and Shannon Barnes, Omega Properties Inc., Mobile, Ala. Jon […]

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Self Storage: Self-Storage Real Estate Challenges: Pricing, Debt and the Market

Self Storage: Self-Storage Real Estate Challenges: Pricing, Debt and the Market

Posted 09.16.2009 | Categories: Self Storage | No Comments

After reviewing the year’s financial reports from the self-storage real estate investment trusts (REITs) and hearing feedback from self-storage owners, I’ve concluded that the industry is doing pretty well in this Draconian economic climate. After the first quarter of 2009, most of the REITs were very close―or, in some cases, even a little ahead of […]

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