U-Haul Ford dealership U-Haul Ford dealership

In the past several months, U-Haul has racked up $60 million in self-storage real estate deals in mostly secondary markets — largely avoiding the top markets normally targeted by the public self-storage REITs. A review of the recent acquisitions by The SpareFoot Storage Beat found that they are a mix of existing self-storage facilities and other types of buildings…

scales of justice scales of justice

A jury awarded $60.7 million to moving and storage company PODS Enterprises Inc. in a federal trademark lawsuit against competitor U-Haul International Inc. The jury delivered its verdict Sept. 25, finding that U-Haul’s use of the terms “pod” and “pods” to describe its U-Box portable storage product infringed on PODS’ trademarks. “We are very happy…

Ken Woolley Ken Woolley

Self-storage industry veterans Ken Woolley and Barry Hoeven were inducted into the Self Storage Association’s Self-Storage Hall of Fame during the organization’s annual fall trade show in Las Vegas. The Hall of Fame award “recognizes annually the contributions of storage professionals to their business, to this industry, to the Association and to their communities.” Woolley…

SSA trade show SSA trade show

The trend of consolidation in the self-storage industry continues unabated, as the public REITs and large private operators keep buying independently owned facilities and new development remains scarce. Executives in the self-storage industry discussed the current state of consolidation and the realities of operating in that environment during the Self Storage Association Fall Conference and Trade Show…

SmartStop SmartStop

SmartStop Self Storage reigns as the biggest independent self-storage operator in the U.S., according to a new list from the Inside Self-Storage trade publication. Each year, Inside Self-Storage compiles a list of the largest self-storage operators in the U.S. based on square footage. Among independent operators, SmartStop takes the top spot on the 2014 list with 13…