ATHENS, TEXAS — Marcus & Millichap has brokered the sale of Sentry Storage, a 316-unit self-storage facility located about 50 miles southeast of Dallas in Athens. Built on 9.1 acres in 1981 and ...
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 ...
“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 ...
Versal negotiated the sale of Lucas Storage in Lucas, Texas. Lucas Storage is 28 miles northeast of downtown Dallas. The ...
Never again will I rent from Extra Space or Life Storage. Same company. If you are reading this take your business anywhere ... Extra Space Storage operates self-storage facilities across 38 ...
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 ...
Self-storage units are also great for moving or storing inventory as part of a small business. The affordable pricing, month-to-month payments and widespread location of companies all serve to ...
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 ...
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 ...
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 ...