Contributing Editors

Self Storage Thrives During Good and Bad Times

by Tony Gonzalez June 10, 2011 2:11 PM
There are some aspects of the economy that tend to do well during prosperous economic times. Other segments tend to do better during not so prosperous economic times. There are a select few that can honestly say that they do well no matter what the economic climate is. [More]

Investor Interest in Self Storage Niche Grows As Annual Returns Hold Strong

by John Stevens April 4, 2011 12:14 PM
Self storage has caught the eye of commercial real estate investors with its impressive returns for 2010 and anticipated continued success for 2011. Publicly-traded self storage real estate investment trusts (REITs) yielded total returns of about 30 percent in 2010, faring better than the broader REIT sector and more than doubling the average total return for companies traded on the Dow Jones Industrial Average. [More]

Is it Time for you to sell your Self Storage Facility?

by Tony Gonzalez December 30, 2010 10:48 AM
Starting a business is generally one of the proudest moments of people’s lives. It is the chance to see a dream realized and become something more than just thoughts and ideas. It is also a great way to take control of the financial well-being of you and your family by becoming your own boss. The feeling of success when your business thrives is unparalleled. [More]

Strategic Storage Trust Snapping Up Self Storage

by Holly Robinson April 13, 2010 10:15 AM
California real-estate investment trust Strategic Storage Trust Inc. (SSTI) has added a new self storage site to the 30 that it currently owns -- Augusta Ranch Self Storage, at 9252 E. Guadalupe Road, in Mesa, Arizona. The business will be renamed SmartStop, to match Strategic Storage's other self storage businesses. [More]

Strategic Storage Trust Invests in Two New Facilities

by Tony Gonzalez February 25, 2010 6:47 PM
Strategic Storage Trust, Inc. (SSTI) announced today that it purchased two self-storage facilities from Chicago Five Properties, LLC, for a combined purchase price of $23 million, cash. One facility is located in Fort Lee, New Jersey, while the other is located in Weston, Florida.

SSTI's chairman and CEO, H. Michael Schwartz, was pleased with the acquisition. "These facilities represent newer Class A properties in prime markets," he said. "Both properties offer the latest generation of secured climate-controlled self storage featuring convenient access to major roads and interstates." [More]