Today’s Self Storage Office: Updated and Inviting

Walk into your self storage office as if you’re a potential tenant, and see how you feel. Is the office bright, cheerful, and welcoming or is it outdated, dreary, and cluttered with paperwork, used coffee cups and office supplies? A bright and welcoming office says that your organization is in control and that your self ...
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Four Self Storage Trends to Watch in 2021

Despite the challenges of 2020, the self storage industry has shown an ever increasing demand. According to a recently published Global Industry Analysts report the global market for self storage and moving services is estimated to be currently worth $80.8 billion. Potential investor returns are expected to grow at a rate of 6.6% year over ...
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The Best Time to Open a Self Storage Facility

You’re almost ready to open your first self-storage facility. This is an exciting time, but it’s also somewhat anxiety-producing. You’ve worked hard, and now it’s time to reap the rewards. Whether you’ve recently completed a ground-up facility or the renovation of an under-managed, under-enhanced and under-developed property , you’re probably wondering about the best time ...
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Using Your Self-Directed IRA to Invest in Self Storage

Self-directed IRAs are not for everyone. They are for individuals who want diversity in their portfolio and control of their financial future. They want to create wealth using their knowledge of investments outside of the more traditional stocks, bonds, or CDs. Real estate investment with a self-directed IRA does not have to be limited to ...
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The Role of Cap Rates in Self Storage Investment

All types of individuals invest in self storage properties, and they are not all “numbers” people. Novice property owners can be mystified by the complexity of number crunching and analyses that a more experienced owner uses to buy or sell a self storage property. Nevertheless, it’s a good idea to understand some of the more ...
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PINNACLE STORAGE PROPERTIES PROUDLY ANNOUNCES THE ACQUISITION OF PINE BLUFF STORAGE

Houston, TX – January 12, 2021 – Pinnacle Storage Properties, based in Katy, Texas, proudly announces its first acquisition in Arkansas. Pine Bluff Storage is the 25th addition to Pinnacle’s portfolio.  The property, located at 3009 W Pullen Street, Pine Bluff, AR 71601, is 40 miles from Little Rock, along the Arkansas River. It is ...
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Role of an Operations Manager in a Self Storage Business

Operating a self-storage facility requires first-hand knowledge of how a business works and how operational processes impact the day-to-day functions of your company. Operations managers require skills in the distinct areas of running your self storage business.  An operations manager has to have a fundamental understanding of revenue management, sales, marketing, hiring, lien laws, and ...
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Are Qualified Opportunity Zones Favorable for Self Storage Investment?

By now, most commercial real estate investors have heard the term “Qualified Opportunity Zone,” even if they aren’t fully aware of the advantages this program provides. Qualified Opportunity Zones (QOZ) exist in financially distressed communities to foster economic growth and improve neighborhoods, while delivering incentives in the way of under market properties and preferential tax ...
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Self Storage Will Remain Strong in 2021

Approximately one year ago, this country faced a corona virus outbreak that morphed into a global pandemic. It not only resulted in worldwide sickness and some loss of life, but had a  severe economic impact on the U.S. The imposed lockdowns forced the closing of restaurants and what were deemed as non-essential businesses, prompting the ...
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Self Storage Property Renovation Trends

The self storage industry didn’t altogether make its presence known until the mid-sixties. It was born in 1964 in Odessa, Texas, out of the need for the oil industry to have convenient access to tools and equipment. The very first self storage facility with garage-style doors was built by Russ Williams and his stepson, Bob ...
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