The Advantages of The Storage Shield Protection Plan

According to the Self-Storage Association, one out of every 10 households in America rents a self-storage unit. That means 10.8 million Americans are comfortable that their possessions are safe, secure, and well protected at their local self-storage facility. Despite these precautions, you want to be prepared for anything. Self-storage insurance is important, but a tenant ...
Read more

Is Your Self Storage Business Insurance Portfolio Up to Date?

As a self storage operator, you face unique risks. Purchasing only the insurance basics is not enough. As the self-storage industry has evolved, so have the risks, and there are specialty coverages that need to be considered. If you don’t want to expose yourself to lawsuits and financial anguish, look into adding the following coverages ...
Read more

Maximize Your Self-Storage Land Potential

As a self storage developer, do you feel that every square inch of land that you buy has to be covered with rentable space? Whether you’re purchasing an already-existing facility with an extra parcel of land attached or doing a ground-up development, do you have the mindset that building on every square foot will increase ...
Read more

Increase Your Self Storage Revenue with Mass Relocatable Storage

Adding relocatable storage units to your facility’s unused or underutilized land is a great way to quickly generate additional income. They fit perfectly in large parking lots or unused Boat/RV spaces helping you to optimize your space and maximize revenue. Are you looking to increase your revenue? Is your occupancy at capacity? Do you need ...
Read more

Self Storage Remains Recession Resistant During the Coronavirus Pandemic

The self-storage industry remains recession-resistant despite the residual effects of coronavirus. Even with the economy in a downturn, the industry is holding its own and operators and investors are projected to benefit in the coming months. According to the U.S. Small Business Administration, during the 2008 – 2010 recession, almost 1.4 million small businesses closed ...
Read more

Pinnacle Storage Properties Announces the Acquisition of Taylor Hutto Self Storage

        PINNACLE STORAGE PROPERTIES ANNOUNCES THE ACQUISITION OF  TAYLOR HUTTO SELF STORAGE Houston, TX – June 16, 2020 – Pinnacle Storage Properties, based in Katy, Texas, proudly announces the acquisition of another Texas Property, Taylor Hutto Self Storage rebranded as Storage Plus of Taylor Hutto. This property is the 21st addition to ...
Read more

Underwriting Self-Storage Properties

Underwriting is the process used to determine the financial feasibility of an event such as the acquisition, refinance, recapitalization, construction, or expansion of a property. This process is integral to any real estate transaction and the product of the underwriting will be a primary decision making factor for every party involved, from the operator, to ...
Read more

What You Need to Know About Self Storage Revenue Management

In the last five years the self-storage industry has seen significant growth. The market has shown an increase in the number of facilities, along with continuing shifts in conditions. Combined with multiple industry variables, these factors, if not managed properly, can have an adverse effect on profitability. The evolution in market conditions means that revenue ...
Read more

Explore the Financing Options for a Self-Storage Loan

If you’re a first-time buyer of a self-storage business, you’ll want to explore your financing options. The best rates will come from traditional bank loans and SBA loans, but they can take an excessive amount of time to fund. If you need to close quickly, you may want to look at some alternatives.  Self-storage loans ...
Read more

Small Operators Can Compete With REITs

In today’s ever-evolving self-storage climate, smaller operators have to compete with larger, better capitalized companies. With the advantage of better capital comes a substantial marketing budget, more locations, and a sizable management staff. How do the smaller operators adjust to be able to compete in this market? To understand the self storage market you must ...
Read more