Contributing Editors

‘Conversion’ the Word of the Day for Many Self Storage Developers

by Kim Kilpatrick November 26, 2013 12:24 AM
Back in the 1980s there was a popular Saturday morning television show called Pee Wee’s Playhouse. Part of Pee Wee’s weekly routine was to name a word of the day each week. Everyone would scream every time it was mentioned. While fun and silly the idea was to get kids to learn a new word. Not bad, right? Could you imagine if the same thing were to take place in the self storage industry? [More]

Conversions Still Common in the Self Storage Industry

by Tony Gonzalez February 8, 2013 10:33 PM
For a while lenders were reluctant to approve too many loans for the construction of new self storage facilities. The general perception was that in a down economy it was just not smart business to invest so much money into building new facilities—especially when it was entirely possible to take any of a number of existing structures and convert them into self storage facilities. [More]

As Businesses Close More Turn to Self Storage Conversions

by John Stevens February 2, 2011 8:23 AM
Finding a new use for an unoccupied building that has recently gone out of business can take a lot of thought in this tough economy. But with the strength of the self storage industry still riding high, there have been recent conversions of buildings into self storage facilities. The latest is a roughly 120,000 sq. ft. retail building that used to house a Toys 'R Us in Green Township, Ohio, being redeveloped into self storage space. [More]