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
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
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
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.
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
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
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
One of the most important parts of a self-storage facility is the privacy that it provides. However, this means not only the owner, but those who use the facility as well. The most important rule though, is to protect your business. If your business isn’t protected, then you can’t provide privacy for any of
When you are building your own business, one of the most difficult things is finding enough room for the demands of your clients. If your business is succeeding or if everything is going well, a storage facility can upgrade your ability to facilitate your clients requests easier and more efficiently. Obtaining a storage unit
Any intuitive individual is going to tell you that in order for a storage space to remain safe from burglars, cameras are necessary. All of your belongings that you sought fit to keep in a storage space for safe keeping is relying on the facility to have high-end camera technology to shut down