self-storage REITs have several other potential revenue sources, depending on their business model. These can include tenant reinsurance income, late fees, management fees, and the sale of moving ...
Versal negotiated the sale of Lucas Storage in Lucas, Texas. Lucas Storage is 28 miles northeast of downtown Dallas. The ...
“This is the largest single-property self-storage sale in history, and our team fielded many competitive offers throughout the marketing process,” Walker said in an email to the Business Journa ...
How much can you make owning self-storage? As a result, $90,000 in revenue is generated and $22,000 in operating expenses are incurred each year. In net operating income, the company earns $68,000 ...
DENTON, TEXAS — Marcus & Millichap has brokered the sale of a 493-unit self-storage facility in the North Texas city of Denton. Extra Space Storage operates the property, which was built in the early ...
In a hot real estate and stock market, investors may be looking for new and innovative opportunities beyond the high-priced apartment buildings and buildable land. Self-storage facilities have the ...
Marcus & Millichap brokered the sale of Guard Drive Self Storage, a 38,295-square-foot self-storage facility in Dallas, Texas ...
Public Storage operates as a real estate investment trust, which engages in acquiring, developing, owning and operating self-storage facilities. It operates through the following segments: Self ...
Statistics from Statista show that the industry average occupancy is at or near 90%. Many self-storage businesses are run by families. Others, however, may choose to hire a qualified manager instead ...
Self-storage facilities do not create a lot of sales tax revenue, jobs or foot traffic for other businesses, and they don’t generate as much property tax as industrial or retail uses because ...
Global Self Storage, Inc. ( (SELF)) has released its Q3 earnings. Here is a breakdown of the information Global Self Storage, Inc. presented to its investors. Global Self Storage, Inc. is a real ...
Marcus & Millichap has brokered the sale of Georgetown Mini Storage, a 144-unit self-storage facility located on the northern outskirts of Austin. The facility was built in 1983 and spans 26,400 net ...