News


What Have We Learned This Year?

In 2018, the biggest lesson we have learned is that not all markets and self storage operators are created equal. We have seen new deliveries continue to push down rental rates on a national level, but revenue growth remains positive.

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Ben Vestal
11/27/2018

Granite City Self Storage Facility Sells for $3.7 Million

Marcus & Millichap announced the sale of 4 Your Stuff Storage, a 261-unit, 64,645 square-foot self storage facility located in Granite City, Illinois, according to Steven D. Weinstock, regional manager of the firm's Chicago Oak Brook office.

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11/26/2018

Jewett Family Acquires Route 1 Self Storage in North Hampton, NH

The Jewett Family has purchased 180 Lafayette Road in North Hampton, N.H., which includes Route 1 Self Storage as well as three retail buildings and other structures. The property is part of the North Hampton Industrial Park.

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11/26/2018

Q3-2018 NKF Self Storage REIT Summary Report

Same store operating performance for the self storage sector remained positive in the third quarter of 2018, with non-weighted NOI growth at just over 3.4%, while non-weighted same store revenue grew at 3.0%.

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11/20/2018

Fear of the Future

We are all comfortable doing things the way we have always done them. However, this comfort with tradition can make us vulnerable to falling behind the competition. We see this throughout history. We all remember the yellow pages, right?

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11/20/2018

How to Make Money in Self Storage

Congratulations! You survived many years of operating your storage units. Hopefully you are "in the black" and your operating somewhere between 90% - 95% full. Now the question becomes, how do you become more profitable?

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Bob Corcoran
11/16/2018

Two Class A Self Storage Properties Sell

Newmark Knight Frank Self Storage Group has completed the sale of two Class A self storage properties located in the heart of the Northeast, Hartford, CT.

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11/15/2018
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