Archive for the ‘Self Storage News’ Category

August 24

Break-In at Braintree, MA Self Storage Facility

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On Tuesday police responded to alarms ringing at Castle Self- Storage in Braintree, Mass. Investigators discover the front glass door was smashed, and video-surveillance tapes show a man using a hammer to pry open two interior unit doors. 
            Police Concluded the burglar was a 30-year-old Caucasian male, about 5 feet, 10 inches tall and [...]

May 14

Drugs found in Huntsville, Alabama Storage Unit

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The local Uncle Bob’s Self Storage facility in Huntsville, Alabama had an interesting week as police confiscated 7.2 pounds of Marijuana and 1.2 pounds of psilocybin mushrooms from a tenant’s unit. Tenant Jesse Austin Smith, 22 was found with a small amount of marijuana on him, as well as a large knife. Police had a [...]

March 24

Zoning Passed for Fort Wayne Self Storage

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Fort Wayne Self Storage, LLC. has just been approved from the Fort Wayne Board of Zoning Appeals to build a 101,400 square foot storage facility on the Northeast side of Fort Wayne. The was opposition the new storage complex in the beginning, arguing that it would lower the property value of the surrounding properties. However, [...]

February 18

Sovran Self Storage Takes 4 Quarter Hit

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Sovran Self Storage has reported a 21.4% decrease for price per share dollar amounts. Net income available for shareholders at the end of the 2008 4th quarter, was 8.4 million, or 38 cents per share. in 2007, the company reported a 50 cent per share price. Sovran representatives say this decrease in income may be [...]

February 7

Extra Space Re-aligns Management

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Extra Space CEO and Founder, Kenneth Wooley, has steppe down from his position in order to take a three year break to serve on a three year assignmment with his church. Current President, Spencer Kirk, will be taking over as CEO. He has been with Extra Space since 1998 and has served as several management [...]

February 7

New Mobile Storage in San Antonio

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UNITS Mobile Storage has opened its doors to a new 13,000 square foot facilty in San Antonio, Texas. UNITS is a residential and business storage company that allows customers to store their items in 16 foot containers that protect customer’s belongings from mold, residue, and UV rays.
UNITS is the product of Michael McAlhaney, who [...]

January 14

Empire Mini Storage opens new California Facility

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Empire Mini Storage has opened its doors to a new covered boat and RV storage in Healdsburg, California. There is space for about 200 RV’s and boats, along with top of the line security and fire alarm systems.

January 14

Eco Friendly Self Storage

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With the current environmental situation of the world, it has been a common trend that everything is “going green”, but who would have thought self storage facilities would also follow this trend. Hall Street Self Storage located in Brooklyn, NY opened in May 2008 as the first green self storage facility.
Hall Street Self Storage [...]

January 7

Amerco Acquires New Storage Facility

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Amerco has recently acquired an Atlanta self storage facility for 2.75 million. You may recognize Amerco as the parent company of U-Haul, but they are also known as Republic Western Company, and Oxford Life Insurance Company.
The new purchase was built in 1989 and is a 61,000 square foot property with 660 units.

December 12

Top Ten Storage Facilities

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Inside Self Storage has released the top ten storage facilities and corporations according to their square footage. Public Storage and Extra Space remain as the largest self storage corporations in the United States.
1. Public Storage Inc.
2. Extra Space Storage
3. Shurgard Storage Centers Inc.
4. U-Haul International Inc.
5. U-Store-It Trust
6. Sovran Self Storage Inc.
7. OB [...]