The sale comes as a loss for CIM Group ... The Carlyle Group, which is headquartered in Washington, D.C., and has recently ...
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 ...
ALLEN, TEXAS — Marcus & Millichap has brokered the sale of a 769-unit self-storage facility located at the intersection of Bethany Drive and South Greenville Avenue in Allen, a northeastern suburb of ...
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 ...
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 ...
TPG Angelo Gordon and its partner Andover Properties have received a $315 million loan to refinance their large self-storage portfolio, which contains 43 assets. The properties are spread out across ...
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 ...
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 ...
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 ...
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 ...