Category: Tips

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Self Storage Continues Its Positive Performance

Despite the volatile market conditions brought about by COVID-19, the self-storage industry has continued to demonstrate its resilience for the ending quarter of 2020. On a year-by-year basis, rents have increased 1.7% for 10×10 non-climate-controlled units, while rates for the climate-controlled units of the same size remained unchanged. Similarly, on a month-by-month basis, rents grew

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Self Storage Helps Achieve More Privacy

One of the most overlooked factors for why some decide that they want to take advantage of self-storage is privacy. It is one of the most important parts in choosing a self-storage facility. The most important rule is to protect your business. If your self-storage business isn’t protected, then you can’t provide privacy for any

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Suburban Boston Storage Facility Trades for $25 Million

If you needed any more proof that storge is a big-money game, a joint venture between Westport Properties and Heitman Real Estate Investment Management have completed a $25.1 million acquisition of a newly delivered 970-unit self-storage facility (92,500 square feet) in Needham, Massachusetts. SSG Development sold the property. The new owner financed the purchase with a

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Self-Storage Growth Trends Now And Post-Pandemic

For years, many have supported self-storage as a great way to invest your money. Mindful Workspaces & Storage certainly agrees with that statement. It is a recession-resistant and often overlooked way to invest. Recently, StorageMart, the eighth largest self-storage company announced Bill Gates joined forces with them as an investor. There are several factors that

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Stuf Raises $1.8M to Reimagine Self-Storage for Modern Users

Self-storage startup Stuf today announced it has raised $1.8 million in seed funding led by Wilshire Lane Partners and Harlem Capital. This helps accelerate the company’s advantage in monetizing underutilized real estate to bring modern, tech-enabled storage solutions closer to consumers. Mindful Workspaces & Storage knows this can be a new forefront in the industry. So What

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What is Self Storage

We here at Mindful Workspaces and Storage have the answer for you. And once you have the answer, this would be the perfect time to decide if you indeed need a storage facility or workspace. Even though units fill up fast, there are so many facilities, you are bound to find something that will work

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Mindful Workspaces & Storage Has Units All Throughout South Florida

If you haven’t really checked into it, reliable storage facilities aren’t as easy to come by as one may think. Certainly nothing like South Florida’s Mindful Workspaces & Storage. Most storage places provide the basics and that is all. It is also sometimes difficult to differentiate between the bad, the good, and the great. Luckily,

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Three Crime Prevention Strategies if You Use Self-Storage

A self-storage facility, like those managed by Mindful Workspaces & Storage, doesn’t have to appear rundown, graffiti-riddled, or even have a single broken window, to become a target for crime. Illegal activities occur at all types of properties in small towns and big cities. These four measures should help you prevent crime from happening at

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Five Economic Factors That Affect Self-Storage Facility Value

Mindful Workspaces has noted that self-storage property values come from a combination of performance and market factors. Thanks to the coronavirus pandemic, today’s market is extremely volatile and rapidly changing, so it’s more important than ever to understand the worth of your assets. There are common indicators of the market value of your self-storage property.

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Self-Storage Thrives During the Pandemic

Mindful Workspaces found it quite interesting to know that the self-storage industry continues to have a good pandemic, with rising rent prices and robust demand. Unfortunately, a fresh round of COVID-related lockdowns could negatively impact it. A new monthly report from Yardi Matrix, which tracks self-storage, found that national rents, for standard 10X10, non-climate-controlled, self-storage

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