The U-Haul Company of Central Michigan Expands U-Haul Self-Storage Operations with the Purchase of Mini U Storage
SOUTHFIELD, Mich., March 21, 2012 /PRNewswire/ -- The U-Haul Company of Central Michigan today announced that it has expanded the U-Haul network of self-storage locations with its purchase of an existing Michigan storage facility located at 19510 West 8 Mile Road in Southfield, Michigan.
Hampshire Self Storage Network in Newark, New Jersey Adds U-Haul Rentals
NEWARK, N.J., Feb. 21, 2012 /PRNewswire/ -- Kimberley Clayton, owner of Hampshire Self Storage Network, located at 320 Elizabeth Ave., recently added U-Haul truck and trailer rentals to the self-storage business she has been operating since November 1, 2010.
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Hampshire Self Storage Network has 750 storage units available for rent and is an eMove Storage Affiliate, which provides her business with access to confirmed reservations from the world's largest moving and storage reservation system including emove.com, uhaul.com, and 1-800-GO-UHAUL, along with being able to display their storage facility features and photographs online.
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Sunset Self Storage in Winton, California Adds U-Haul Rentals
WINTON, Calif., Feb. 22, 2012 /PRNewswire/ -- Suneet Singal, owner of Sunset Self Storage, located at 6089 N. Winton Way, recently added U‑Haul truck and trailer rentals to the self-storage business he has been operating since 2003.
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Sunset Self Storage has storage units available for rent and is a Premier eMove Storage Affiliate, which provides his business with access to confirmed reservations from the world's largest moving and storage reservation system including emove.com, uhaul.com, and 1-800-GO-UHAUL, along with being able to display their storage facility features and photographs online.
Antique Row Self Storage in West Palm Beach, Florida Adds U-Haul Rentals
WEST PALM BEACH, Fla., March 8, 2012 /PRNewswire/ -- Benjamin MacFarland III, owner of Antique Row Self Storage, located at 424 Park Pl., recently added U‑Haul truck and trailer rentals to the self-storage business.
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Antique Row Self Storage has storage units available for rent and is a Premier eMove Storage Affiliate, which provides his business with access to confirmed reservations from the world's largest moving and storage reservation system including emove.com, uhaul.com, and 1-800-GO-UHAUL, along with being able to display their storage facility features and photographs online.
Casey Storage Solutions Implements Self Storage Manager
BELL, Pa., April 13, 2012 /PRNewswire-iReach/ -- E-SoftSys, a Total Solutions Provider for the self storage industry, announced today that Casey Property Management, LLC, which operates under the brand name Casey Storage Solutions, and is headquartered in Auburn Massachusetts, with 8 sites in Rhode Island, Massachusetts and Vermont, has chosen Self Storage Manager, as their management software program, and recently completed the conversion of all their properties to Self Storage Manager. Casey Storage Solutions has also implemented the add-on modules such as INSOMNIAC Kiosk Interface, Online Payment and Reservations and e-CRM, the Customer Relationship Management module.
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Fee-simple self-storage Don't expect to see it soon.
Last week the national media reported that a parking space within a New York City condominium was on the market for $225,000.
Meanwhile in Waikiki, a commercial real estate broker wondered aloud before several hundred of his colleagues when such a deal might come to Honolulu.
With the self-storage boom on Oahu of the past couple years showing no signs of abating any time soon, Mark Ambard of Ambard & Co. ended his forecast for the industrial market with the following prediction:
"Someone will condotel self-storage for $400 per square foot or more for fee-simple storage or fee-simple parking," Ambard told a group of real estate professionals.
Ambard, who is marketing a fee-simple industrial condominium project in Waipio, pointed to the proliferation of hotels converting to resort condominiums, or condotels, as an example of how it could be done.
"If they own them in fee they could do it," he said.
But it's unlikely to happen any time soon here because the self-storage market is not designed for long-term buyers, said Stephen Metter, CEO and managing partner of MW Group Ltd., the developer of Hawaii Self Storage.
"It's currently not a viable economic model for self-storage," he said. "People don't buy self-storage for the long haul usually."
The typical self-storage user rents a unit for four to 10 months, he said.
With land and construction costs rising each year, finding a bargain is unlikely.
For example, at $400 per square foot, a user of a five-foot-by-10-foot unit theoretically would pay $20,000 for the 50-square-foot unit.
That's not all.
"If one bought a unit in a self-storage facility, they then would have to pay their share of the maintenance," Metter pointed out.
Safety Tyler is a consultant on Hawaii self storage, moving and storage services, rental self storage self storage in Hawaii, storage service provider , storage rental, Self storage company, public self storage, secure self storage, discount packing supplies, moving storage , self service storage, air conditioned self storage, self storage lockers.
http://hawaiiselfstorage.net/default.asp
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