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, ...
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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 ...
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The Advantages of Outsourcing Your Marketing Services

As a busy entrepreneur, you need time to focus on what you do best:  operating your business, hiring the right people, and building relationships with clients and vendors. You know you need to  boost your marketing efforts, but spending time and money hiring and training a marketing staff is not on your radar right now. ...
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Don’t Overlook Your Vulnerabilities: Prepare Your Facility for a Natural Disaster

According to the Federal Emergency Management Agency (FEMA), 40 percent of small businesses never reopen after a disaster, and another 25 percent that do reopen fail within a year. Jim Redick, director of Emergency Preparedness and Response for Norfolk, Va. states, “Small businesses are a huge contributor to our economy so if they’re unable to ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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Is Your Self Storage Facility Capitalizing on Retail Sales?

Self storage is typically thought of as a service industry, providing secure storage units for people to store their residential and business belongings. But it can be more than that. The addition of retail merchandise to your facility provides you with great opportunities to increase your profitability as well as giving tenants and walk-in customers ...
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