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 ...
Read more

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 ...
Read more

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 ...
Read more

PINNACLE STORAGE PROPERTIES PROUDLY ANNOUNCES THE ADDITION OF SHERRIE LeCRONE AS INVESTOR COMMUNICATIONS COORDINATOR

Houston, Texas, November 10, 2020 – Rapidly expanding Houston, Texas-based Pinnacle Storage Properties is pleased to announce the addition of Sherrie LeCrone as Investor Communications Coordinator.    Sherrie’s responsibilities will include oversight of communications with130 active investors representing $28MM throughout Pinnacle Storage Properties’ portfolio. She will be the primary point of contact for quarterly investor reports, ...
Read more

An Overview: Refinance Your Commercial Real Estate Loan and Get the Best Deal From Your Lender

Typical motivations for refinancing a commercial real estate loan vary from the desire to stabilize monthly payments, release equity from the property or derive tax benefits. Whatever the reason, the aim is to know when refinancing makes sense. When to Refinance A sound business strategy is to refinance when rates are low, but this is ...
Read more

PINNACLE STORAGE PROPERTIES PROUDLY ANNOUNCES THE ADDITION OF BRUNO MARQUEZ AS FINANCIAL AND OPERATIONAL ANALYST

Houston, Texas, October 19, 2020 – Rapidly expanding Houston, Texas-based Pinnacle Storage Properties is pleased to announce the addition of Bruno Marquez as Financial and Operational Analyst.    Bruno will be responsible for keeping a pulse on the financial well-being of 25+ operating businesses owned and operated by Pinnacle Storage Properties. He will underwrite prospective storage ...
Read more

Should Investors Delay Commercial Real Estate Acquisitions in an Election Year?

If you think 2020 was the worst year in modern history, you may face a few dissenting opinions. The Black Death killed half the population of Europe in 1349. In 1520 smallpox killed between 60 and 90 percent of the inhabitants of the Americas. The Spanish Flu caused the deaths of over 50 million people ...
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