Self Storage Blog | Pinnacle Storage Properties

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

PINNACLE STORAGE PROPERTIES ANNOUNCES THE ACQUISITION OF STORAGE PLUS OF MINERAL WELLS AND STORAGE PLUS OF STEPHENVILLE

Houston, TX – December 2, 2020 – Pinnacle Storage Properties, based in Katy, Texas, proudly announces the acquisition of two more Texas self storage properties, Storage Plus of Mineral Wells and Storage Plus of Stephenville. These properties represent the 23rd and 24th additions to the Pinnacle portfolio. Storage Plus of Mineral Wells, formerly Security Storage ...

PINNACLE STORAGE PROPERTIES PROUDLY ANNOUNCES THE ADDITION OF BILL LIERMAN AS CONSTRUCTION PROJECT MANAGER

Houston, Texas, November 20, 2020 – Rapidly expanding Houston, Texas-based Pinnacle Storage Properties is excited to announce the addition of Bill Lierman as Construction Project Manager. Bill will be responsible for managing all phases of construction, including planning, design, cost estimation, and process, as well as budget stewardship, including cost reporting, cost breakouts, draw requests, ...

Investing in Self Storage: What You Need to Know to Make a Wise Decision

When you invest in self storage, you put your money to work so that you can make more money. That’s a simple concept, but you need to remember that investments involve risk. You don’t have a crystal ball or a set of tarot cards to help you magically eliminate that risk. But, you do have ...