Tag: Self Storage

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Florida Ranks 3rd in US Sales Volume for Self-Storage

Like other real estate sectors, the U.S. self-storage industry, like that of Mindful Workspaces & Storage, experienced the ups and downs of 2020. However, by year’s end, the market proved that the reputation it had built for itself during the last recession as a resilient sector is still valid. Adjustments indeed had to be made, but

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The Benefits of Self Storage Investing

Self Storage, like what Mindful Workspaces and Storage does, has become a great way to obtain tremendous cash flow without the headaches of having tenants or toilets. Investing in self-storage facilities can be profitable. This article will show how to find good deals, the three main types of self-storage properties, the two ways these deals

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4 Things Self-Storage Investors Should Know in 2021

Self-storage had a strong start from 2010 to 2015. Limited supply and high demand drove development to record highs in 2018, which ultimately tipped the scale, causing an imbalance of supply and demand in many markets. The onset of the global pandemic in 2020 only created a new set of challenges for self-storage investors to

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City Line Capital Targets Near 50 Self-Storage Facilities in 2021

Self-Storage continues to BOOM as a real estate investment. And when it comes to Self-Storage, City Line Capital ended last year with a bang. The Pennsylvania-based investment firm has announced the acquisition of eight self-storage properties in December 2020, bringing its total 2020 acquisitions to 26 facilities and 134 assets since the firm was founded

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A Guide to Self-Storage Door Safety and Maintenance & Cleanliness

Mindful Workspaces & Storage wants you to know that your self-storage unit doors are used by customers regularly, so they’re an important part of the tenant experience. The perceived safety, security, and value of the entire facility rests heavily on how the storage doors look and function. If people get the impression that you don’t

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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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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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A First Timer’s Guide to Renting Storage Units

Is this your first time renting a storage unit? Let this guide help you. Whether you need to temporarily store belongings while moving or store them long term after downsizing, renting a storage unit provides an excellent, space-saving solution. Storage facilities are a secure, convenient and easy-to-find option for those in need of storage. The

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Mindful Workspaces & Storage Has Locations All Over South Florida

  Reliable storage facilities aren’t as easy to come by as you may think. Most places provide the basics and that is all. Also, it is sometimes difficult to differentiate between the good and the great. Luckily, Mindful Workspaces & Storage has locations all over Florida that will provide you with the best service a