When you are a legendary skateboarder with a career spanning collection of skate decks, awards, VHS tapes, and shoes, what do you do? Rent a self-storage unit and become a pitchman, of course. Santa Monica, CA-based StorQuest Self Storage recently debuted a new digital marketing campaign featuring champion skater Tony Hawk. To learn more about…
Boise, ID-based Forge Building Co recently announced it landed 10 new self-storage building projects with a combined total of more than 600,000 square feet in six Idaho cities: Boise, Meridian, Eagle, Hailey, Twin Falls and Rupert. “We’re actually hiring a lot right now and are looking for great talent,” said Roger Burgin, COO, who joined…
Talonvest Capital wants to further strengthen its East Coast business – and thinks it’s found just the man to do it. In April, John Chase, a long-time executive at Boston’s Tremont Reality Capital, joined the Irvine, CA-based Talonvest as senior director of business development to be based out of the firm’s new Annapolis, MD office. …
If all goes well, Aaron Saunders is going to be a busy man in 2021 and beyond. As the recently appointed director of construction at Spartan Investment Group, Saunders, who previously spent nine years at Casey Industrial working in various top-level construction positions, will be overseeing a number of self-storage projects over the coming year,…
Everyone knows the pandemic has wreaked havoc with the U.S. and world economies, with massive layoffs and closed businesses. But the nation’s self-storage industry has thrived amidst the chaos, according to industry experts, with more growth to come. “Self-storage was the best-performing real estate asset class for the last 12 months,” said Cory Sylvester, principal…
Crescit Capital Strategies has closed on a $16.1 million self-storage financing deal in Philadelphia, its first transaction in what it hopes and expects will be a strong 2021 for self-storage lending in general. The financing was for Snapbox Self Storage’s acquisition of a 105,000-square-foot, 1,100-unit facility in northwest Philadelphia, in a high-traffic location with “strong…
Portable storage provider PODS has announced the appointment of Kathryn Marinello as president and CEO of the Clearwater, FL-based company. Marinello succeeds John B. Koch who held the role for eight years. Marinello comes to PODS with over 20 years of executive leadership experience, including roles as CEO of Hertz, Ceridian, and numerous divisions of…
Tax season is just around the corner and self-storage owners need to start working on properly filing for their business. Self-storage facilities have a lot of moving parts and can have different investors. This can make properly filing your taxes for your self-storage facility a complicated process. As a partner for a CPA Firm that…
As part of the sale of his multimillion truck part business RealTruck.com in 2015, entrepreneur and author Scott Bintz agreed to a non-compete clause. That meant he couldn’t launch any kind of e-commerce business for five years. So, he built a self-storage facility. “I’d sold RealTruck.com,” Bintz told the SpareFoot Storage Beat, “I built a…
The coronavirus pandemic has brought the economy to a halt and made it difficult for first-time business owners to find the financing they need to get started. The self-storage industry is not immune to the world’s economic woes, but that doesn’t mean that first-time self-storage investors can’t find the financing they need to enter into…
