The Outlook for Self Storage is Optimistic During the Global Health Crisis
The coronavirus outbreak has mobilized the country into a collective mode of crisis management. Social distancing is the new buzzword. People are on their guard to keep a distance of six feet between themselves and other humans. Grocery stores have taped the floor in six foot increments so that shoppers maintain safe distance while waiting ...
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PINNACLE STORAGE PROPERTIES CELEBRATES 4 YEAR ANNIVERSARY
Houston, TX – March 5, 2020 – Pinnacle Storage Properties, based in Katy, Texas, proudly celebrates their four-year anniversary. Since its inception in 2016, Pinnacle Storage Properties has become one of the fastest growing storage companies in the USA. In 3 ½ years, Pinnacle Storage Properties has reached $100M in assets under management, far exceeding ...
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Are You Worried About the Economy? We’re Not!
Recent economic uncertainty is reinforcing recession resistant investing strategies. With stock market volatility not seen since 2008, investor confidence is waning. This unreliable economy is making recession resistant and resilient investments a major priority. Self storage isn’t glamorous, it isn’t magic, and it isn’t recession proof; but it has proven time and again to be ...
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Self-Storage Facility Due Diligence…Do the Due
Most experienced self-storage facility buyers understand that due diligence has to be completed prior to the purchase of a property. But, what exactly is meant by the term “due diligence”? According to Dale Eisenman of Midcoast properties, “due is defined as reasonable, just, regular and sufficient. Diligence is defined as prudence, attentiveness and care. Used ...
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Give Your Rundown Self-Storage Property a Face Lift
During a house hunting quest, did you ever pull up to a property that looked like a scene from Animal House? My guess is that you kept right on driving…to an attractive property with a well-tended look. Think about this in terms of self-storage. Does your facility look like John Belushi’s choice for self storage? ...
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A New Platform for Self-Storage Investors
Pinnacle Storage Properties has committed to list more than $100 million in storage assets on Earn.re, a blockchain platform for commercial real estate financing designed to connect lenders and accredited investors directly with project sponsors. To understand blockchain, you have to first understand the fundamentals of tokenization (sometimes called cryptocurrency) and blockchain technology. What is ...
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Pinnacle Storage Properties Announces New Market Venture with the Acquisition of Five West Coast Properties
Houston, TX –August 21, 2019 – Pinnacle Storage Properties, based in Katy, Texas, proudly announces the acquisition of five west coast self-storage properties. Storage Plus of Centralia Fords Prairie, Storage Plus of Centralia Gold, and Storage Plus of Kelso, located in Washington; as well as Storage Plus of Roseburg and Storage Plus of Winston, both ...
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Pinnacle Storage Properties Announces the Acquisition of Two New Texas Properties
Houston, TX – August 13, 2019 – Pinnacle Storage Properties, based in Katy, Texas, proudly announces the acquisition of two more Texas properties, Storage Plus of Bellville and Storage Plus of Spicewood. These properties represent the 19th and 20th additions to the Pinnacle portfolio. Storage Plus of Bellville, formerly AAA Storage, located at 12085 Highway ...
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Why Investing in Self Storage is Red Hot
Self storage isn’t glamorous, it isn’t a mystical money-making machine, and it isn’t recession proof (but it is recession resistant). Unattractive warehouse-type buildings, filled with cubicles that are crowded with people’s possessions do not have the sex appeal of a high-end shopping mall or a luxury apartment complex. Nevertheless, these humdrum facilities have become big ...
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