Contributing Editors

LifeStorage Opens New Facility in Barrington, Illinois

by Kim Kilpatrick January 23, 2014 5:22 PM
LifeStorage announced the opening of its newest facility in Barrington, Illinois. This brings the number of facilities in Illinois up to 28. It is located at 1455 South Barrington Road. [More]

The Gift of Rocks

by Kim Kilpatrick January 20, 2014 11:38 AM
A few years ago, my aunt and uncle bought 2 acres where they built their new home. In the process, they discovered their property contained almost more rocks that soil. They battled rocks as they landscaped their yard and created their vegetable garden. They came to despise rocks.

However, Charlotte Tackett, manager of Sentinel Self Storage in Dover, Delaware, is just the opposite. She loves rocks. In fact, she’s downright sentimental about them. [More]

Mobile Mini Seeks to Rent Property to Store Their Containers

by Kim Kilpatrick January 15, 2014 6:48 PM
Mike Cox owns 4 acres in Commack, New York. He wants to rent his property to Mobile Mini. Mobile Mini wants to use the property to store some of their empty mobile storage boxes. That sounds straightforward and shouldn’t be any problem. Right?

Not really. [More]

Michael Jordan Memorabilia Found in Storage Unit Purchased at Auction

by Kim Kilpatrick January 10, 2014 11:36 PM
If you have ever watched one of the Storage Wars programs than you know that it is possible to find some pretty valuable stuff in a storage unit purchased at a lien auction. You would think that folks would find a way to pay or take out the items of value before getting locked out of their unit, but often times they don’t. The old adage is true—out of sight, out of mind. [More]

More Growth in the Self Storage Industry

by Kim Kilpatrick January 9, 2014 4:30 PM
Growth – and more growth. Two self storage businesses are purchasing land or purchasing facilities to develop their portfolio. Growth is a good thing for the industry – and good for the country. [More]

Easystore in South Wales Expands Their Self Storage Business

by Kim Kilpatrick January 8, 2014 7:41 PM
Last week, the Self Storage Industry News ran a story about three underlying themes that ran throughout the news stories that they posted last year. One of those themes was that the self storage industry is growing around the world: Canada has over 3,000 facilities; the UK has over 815 facilities; Australia has over 1000 and China has built their first storage facility. Self storage is also expanding in South Wales. [More]

Looking Back at 2013

by Kim Kilpatrick January 1, 2014 1:13 PM
2013 has been an amazing year. As I look back and review some of the year’s events, three themes really stood out to me. The first theme is community service. [More]

Crowd Funding Could Make the Self Storage Industry Popular with Small Investors

by Kim Kilpatrick December 30, 2013 11:36 PM
The Beatles and Joe Cocker made the notion of getting by with a little help from their friends into a hit song. You could even say the concept applies between the two since Joe Cocker had to get a little help (permission) from the Beatles to record his version of the song. That kind of cooperation is a concept that worked well for the music industry then, and certainly is one that can work for the self storage industry now. [More]

Extra Space Storage (R) Announces New Board Member

by Kim Kilpatrick December 27, 2013 4:12 PM
Today, Self Storage Space, Inc. announced the appointment of Diane Olmstead to the Company’s Board of Directors. Her position will be effective January 1, 2014. She will join Kenneth Woolley, Anthony Fanticola, Hugh Horne, Spencer Kirk, Joseph Margolis, Roger Porte, and Fred Sokousen on the Board. [More]

Will Crowd Funding be the Next Big Thing in the Self Storage Industry?

by Kim Kilpatrick December 23, 2013 11:27 PM
The World Wide Web has allowed the world to do many things. Information—and misinformation—is now just a keystroke away as is the ability to get in touch with long lost friends, communicate with a celebrity, learn how to make napalm, and find countless videos of cute kittens playing. In recent years it has also opened up a new way to fund a business venture—crowd funding. [More]
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