Cameron Smith’s son is not yet 2 months old, but already has his first movie credit. His star turn just may help his parents grow their fledgling business, SquirrelBox Valet Storage, in Colorado and eventually in other states. Little Parker pops up 58 seconds into Smith’s upbeat, humorous presentation that won the $20,000 first prize in…

CubeSmart recently purchased the 71,872-square-foot Ballantyne Storage of Charlotte facility at 16155 Lancaster Highway for $10.6 million. The property was sold by Arey Holdings LLC. The facility occupies a 2.36 acre parcel and was built in 2008. Irvine, CA-based Westport Properties purchased a portfolio of four facilities in Texas from RHW Capital Management Group, operator of…

Phoenix-based Wentworth Storage Co. LLC purchased two industrial properties in San Diego and Chula Vista with plans to convert them into self-storage facilities. The company paid approximately $27.8 million for both properties, according to the San Diego Business Journal. The properties are located at 12340 World Trade Drive in San Diego and 2391 Fenton Street…

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The self-storage industry is entering a cool off period and new development could hit small entrepreneurs in the years to come, according to Dean Jernigan, CEO of Jernigan Capital. “It is not going to be good for small entrepreneurs with this new supply coming, no question,” Jernigan said during the company’s third quarter earnings call….

CubeSmart is facing pressure from new supply competition in some markets, but CEO Christopher Marr remains upbeat on overall growth going forward. “While we are obviously experiencing record levels of top line growth beginning to slow, our customer remains healthy and demand for our product remains solid,” Marr said during the company’s recent earnings conference…