by Kim Kilpatrick
May 7, 2012 9:02 PM
There is a song by the artist Beck that had a hook that went something like this: Where it’s at/ I got two turntables and a microphone. People are always trying to figure out where “it” is at. If recent indications are any proof, at least when it comes to real estate investments, the self storage industry is where it is at.
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by Kim Kilpatrick
December 28, 2011 5:15 PM
Now that Christmas is over, people the world over will be looking to get back into the working world just long enough to make it to New Year’s Eve. As the party dies down on the morning of January 1 there are likely going to be many people thinking about the new year ready to unfold in front of them and what their resolution may be.
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by John Stevens
June 9, 2011 10:14 AM
It is REIT week and self storage investors have a reason to party. The annual meeting, sponsored by the National Association of Real Estate Investment Trusts (NAREIT), opened in New York on Tuesday just in time for investors to celebrate the strong performance that the U.S. Real Estate Investment Trust (REIT) industry has posted so far this year. And self storage is leading the pack. Nearly all major property types posted double-digit gains, but self storage companies outshined with an 18.4 percent return. In the last 12 months, self storage REITs returned 29 percent.
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by John Stevens
April 14, 2011 12:57 PM
As many industries have been battling to survive through the recession, self storage has made impressive, steady gains that investors are getting excited about. Once mostly fueled by lifestyle changes such as divorce, death or moving, self storage is being used by a much broader range of people and for a wider range of circumstances. As a result, the four publicly traded self storage REITs generated total returns of about 30 percent last year, with the first quarter of 2011 exhibiting similar strength at about 10 percent.
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by John Stevens
March 31, 2011 12:21 PM
Amsdell Cos., a Cleveland-based self storage investment company is rapidly growing its portfolio in metro Detroit, Mich. The company purchased properties in Flat Rock, Fraser and Shelby Township. It has added to three other Michigan self storage facilities and one Pittsburgh, Pa. facility purchased by them since August.
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by John Stevens
February 23, 2011 5:34 AM
Continued discontent from some Idaho lawmakers over the state’s purchase of a self storage property for a commercial venture prompted the introduction of a new bill on Tuesday that would set restrictions on what types of buildings the state Land Board can purchase in the future for investment purposes.
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Tags: idaho, law, legislation, boise, woude, schaefer, self storage, storage facility, commercial, investment, idaho land board
General | Self Storage | Storage
by Tony Gonzalez
January 3, 2011 2:11 PM
With the New Year now upon us many people find themselves looking to the future and trying to figure out how to better take care of themselves and their families over the next year. For some it can mean saving money by cutting down on frivolous purchases. To others it means getting a better job, and for others making smarter investments.
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by John Stevens
December 14, 2010 12:04 PM
In Portland, Ore., an investor who paid nearly $4 million for property to be used as a storage facility for wine, has raised some eyebrows due to the building’s poor condition. But the developer is confident in the beauty of the building and of success to come.
In Portland, Ore., an investor who paid nearly $4 million for property to be used as a storage facility for wine, has raised some eyebrows due to the building’s poor condition. But the developer is confident in the beauty of the building and of success to come.
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by John Stevens
November 17, 2010 10:46 AM
In the financial world, investors keep their eyes on trends and are keenly aware when a certain area seems to be taking off. Recently, the self storage industry has been showing heavy muscle in the financial markets. The self storage category is exhibiting powerful gains and investment in storage facilities has begun to take off.
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by John Stevens
October 6, 2010 10:27 AM
In Europe as in the United States, real estate analysts are recommending self storage as an investment worth considering, compared to other areas of the real estate market (such as residential and retail properties), which are foundering.
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Tags: real estate market, self storage, investment, europe, united states, economy, recession, john nikolich, global recession, australia, united kingdom, break even point, occupancy rates, paul pulze, safestore, big yellow group, lok'nstore
Self Storage