Contributing Editors



Real Estate Investors Turn to Self Storage Properties

by Holly Robinson October 21, 2010 10:48 PM
Investors continue to take advantage of real estate investment opportunities in self storage as a way to escape otherwise risky commercial real estate markets, reports this week suggest. Self storage properties -- or land destined for self storage properties -- changed hands in Texas, Florida, and New York this week. [More]

Should State Governments Get Into the Storage Business? Public Reaction to Idaho’s New Self Storage Venture is Mixed

by Kim Kilpatrick October 21, 2010 10:04 PM
Should state governments be running commercial real estate ventures? The subject is controversial, but a recent decision by the Idaho Lands Department to go into the self storage business is stirring up interest. Idaho’s Department of Lands purchased Affordable Self Storage of Boise two months ago and is running it as a tax-exempt business. [More]

Neither a Borrower Nor a Lender Be -- Be an Investor

by Holly Robinson March 24, 2010 9:01 AM
Foreshadowing the current commercial real estate foreclosure crisis by several centuries, Polonius advised in Shakespeare's Hamlet: "Neither a borrower nor a lender be." He might as well have added, "Be an investor instead." Polonius' words put most of the analysis of commercial real estate industry experts, reflecting on the state of the industry in major newspapers all over the country this weekend, into a nutshell. [More]

Developer Tries to Salvage Commercial Property by Converting to Self-Storage

by John Stevens January 29, 2010 8:10 PM
Last night Redtree Properties, a Santa Cruz, California real estate developer, went before the City Council in Capitola, California, to discuss its proposal to turn vacant office space into self-storage units. The office space, which is located in a shopping mall, is not zoned for self-storage. The office spaces could not be converted to self-storage unless the city rezones the area or amends the neighborhood commercial zone law to allow self-storage. But the Capitola Planning Commission is in favor of the idea.

The office complex, which is located at 809 Bay Ave in Capitola, next door to the Nob Hill shopping mall, was last occupied in August 2008. It occupies 37,232 square feet of space, which Redtree plans to convert to 394 self-storage units. [More]
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