Liberty Investment Properties recently announced that it has promoted Mark Poole from Regional Manager to Director of Operations for Self Storage Operations. Liberty specializes in the development and operation of high-performing, income producing, commercial real estate. Poole also serves as the current Chairman of the National Self Storage Association’s Young Leaders Group (YLG) and President…

The principal of Ft. Lauderdale-based Wheat Capital Management, Daniel Joseph Touizer, was arrested this week for allegedly bilking 150 investors out of $19 million. The company is developing a trio of self-storage facilities in Margate, Pembroke Pines and Miami, that are scheduled for completion in 2018. The company had plans to build 10 to 12 facilities…

The self storage industry has operated in the same manner for a long time and not much new innovation has triggered the consumer to stop and take notice. Until recently. We know that the self-storage industry is a fragmented business with some 50,000 facilities in the United States. Self-storage continues to show tremendous resiliency and growth with…

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Editor’s note: The following op/ed piece is the opinion of the author. Interested in submitting your industry observations? Contact editor@sparefoot.com Traditionally an overlooked industry, self-storage has seen a surge in new customers and a growing interest by commercial real estate investors over the last few years. According to a recent market forecast by IBISWorld, revenue…

Regional operators in the self-storage industry, often ask: “How can I compete against the big guys?” “Can I have market share with Public Storage? Extra Space or CubeSmart?” “With price, competition, size selection and all their technology… how can I compare? Where do I get the horsepower?” Regional operators don’t always have the flexibility to…