Storage Pros’ Hub
Discover original reporting and exclusive stories on the self storage and industry insights combining original data and industry insight.
San Antonio’s Self Storage Sector: Competitive And Plenty Of Customers
San Antonio, Texas, supports its residents with a strong self storage sector that steps up whether they are in the process of moving or simply need a place to store excess possessions. It has adapted to changing circumstances and needs, maintaining a strong client base, and its competitiveness helps keep street rates attractive for renters.
Online Solutions, Perks Help Honolulu Self Storage Navigate New Market Challenges
Honolulu is the most expensive city for self storage among the country’s top 100 largest cities. The monthly street rate for a non-climate controlled, 10×10 storage unit in Honolulu hovers around $276, more than double the national average for the same type of unit. According to the latest National Self Storage Report from Yardi Matrix, national street rates for standard 10×10 storage units sit at $116 per month.
Online Procedures And Fewer Vacates Keep San Diego Self Storage Buoyant
San Diego boasts not only a great climate and the world’s largest naval fleet, but its diverse and advanced industries keep the economy comparatively buoyant. Anyone moving here to take advantage of this — and San Diegans who want to maximize their lifestyles — can benefit particularly from the self storage in the city, so we talked to a local provider to see how they can help.
Chicago Self Storage Sees More Suburbanites And RVs
Chicago, famously the Windy City, weathers all manner of circumstances with its can-do attitude. And the local self storage sector is there to help too, whether residents need to move to a new home, perhaps to downsize, or simply to store precious belongings in an economical manner. We asked a leading self storage provider to tell us how the industry in the city is doing right now.
Austin TX Self Storage Adapts And Stays Strong
Austin offers many advantages to its residents, and its strong economy and job market have encouraged its self storage sector to grow over the years. To find out how the industry is doing in the city right now, we asked a leading local self storage provider. They explained how they have adapted to the challenges presented by the current pandemic, enabling them to successfully respond to customers’ changing needs.
How To Start Out In Self Storage
Entrepreneurs look for projects which tick several boxes, giving good return on investment, financial security, flexibility, and some enjoyment as well. The self storage sector can provide all of this, particularly right now when other sectors may not be so suitable. And if that wasn’t enough good news, it’s also an industry which is not so difficult to start out in.
New Construction Booming in NYC: 20 Self Storage Properties to Be Delivered This Year
The self storage industry has remained relevant during the COVID-19 pandemic, because it addresses an urgent need of consumers — from families who suddenly needed more space in their homes, to businesses that have had to re-organize and put equipment in storage.
Top 10 Cheapest US Metros for Self Storage
Amidst the coronavirus crisis, the self storage industry has proven once again its importance to customers. College students relied on self storage when they had to leave campuses on short notice. Families that have bunkered at home during the lockdown are using it to store stuff and create more space for working, exercising or entertaining themselves.
How to Find the Best Self Storage Property Management Software
The self storage industry has proven itself to be economically reliable over time. That said, storage is not entirely immune to declining rents when the economy hits hard times (as during the 2020 COVID-19 pandemic), but it’s less vulnerable to disruption than other real estate industries. That’s one reason property management software is an excellent investment for property managers looking to be more profitable and efficient or even to grow their business.
27 Most Common Self Storage Questions and Answers for Business Owners
Starting a business entails a long list of concerns you should take into account, from financing it to choosing its location, and from cost assessment to covering customer service, just to name a few. If you think you’re not sure where to begin, here at StorageCafe we have created a list of the most common questions and answers to help get you on the right track with your budding self storage business.
Why You Should Rent a Warehouse for Your Online Store
As e-commerce businesses continue to seek ways to push for speedier deliveries, the demand for warehousing increases. According to the consulting firm CBRE Group, warehouse rents went up by 33.7 percent to an average of $6.67 per square foot in the 5 years from 2014 to 2019. Demand for storage space is high and there’s a reason for that.