While the wearing of masks to prevent the spread of COVID-19 seems uppermost on the minds of most Americans, hackers are a bigger threat to those in the self-storage industry. The resiliency of self-storage has proven to hold out during the pandemic, but cyber threats aren’t cyclical issues or once-in-a-lifetime events. Every business, large and small, is under continuous threat of cybercrime, and great loss can result from a direct […]
When a tenant improvement project is needed, hiring a professional for project management is always the smart thing to do. Project management involves a plethora of potential challenges, and many problems are avoided by having an experienced expert in charge. It can be costly to make a mistake in the handling of an improvement project. Seasoned professionals are more prepared than others to keep projects on track in spite of […]
Boat and RV storage has been the catalyst promoting storage industry growth in recent years. It is currently among the topics searched most frequently among new developers researching self-storage. While the industry may have its saturated markets, supply is still insufficient to meet the demand for self-storage of RVs and boats. There are some differences between typical self-storage and facilities that cater to boat and RV owners, and a higher […]
The most important element of a tenant improvement project is the management company you hire to do the job. This fact cannot be fully appreciated until you have had the experience of hiring a contractor who did not finish a project on time or meet the expected standards. To make the right choice, look for certain qualifications and traits. If a project manager has the following qualities, tenant improvements should […]
Maintaining high occupancy rates at a self-storage facility is often a matter of finding the right customer niche. If your area offers little in the way of self-storage that caters to high-end clients, you may want to consider attracting their business. Rental values are higher, which could offset any necessary investments in your self-storage property. Security is the primary issue for those who keep items of great value in self-storage […]
Cleaning services are likely to be different for the foreseeable future due to the serious health threat posed by the new coronavirus dubbed COVID-19, and professional facilities management services can help. After following stay-at-home procedures, the expectations of workers returning to their places of employment will be heightened as far as cleaning methods go. With professional facilities management services that are pro-active and prepared to heighten disinfecting and sanitization practices, […]
Self-storage properties have consistently been good investments, and the industry is an easy one for new investors to get on board with. Low overhead, sizable income potential, and low costs for ongoing site management are among the reasons self-storage has appeal for investors. Nationwide, it is estimated that there are between 45,000 and 60,000 facilities. Read on to learn some of the reasons you can feel confident in self-storage as […]
Many companies hesitate to pursue commercial LED retrofit lighting as a capital improvement project, though the benefits far outweigh the burden of upfront costs. A switch to LED lighting delivers a high return on investment on multiple fronts. Read on to learn more advantages of adding an improved system of lighting to the interior and/or exterior of your business with an LED retrofit project. Energy Costs are Slashed Monthly lighting […]
In 2020, most consumers will find a self-storage facility via online channels, according to the 2019 Self Storage Almanac. This represents a change from walk-ins, the leading method to choose rental storage space up until 2017. Consumers have shifted to online shopping for just about everything. So, it should come as no surprise that self-storage facilities need updated websites to ensure they are found in local online searches. Tips […]
When you want to determine how a property management company is handling your commercial or residential properties, you can use key performance indicators (KPIs) to make an assessment. Property owners are known to monitor performance to determine how well property managers are handling and protecting their investment. Unless they are already operating as consummate professionals, it may provide motivation for property managers to put forth their best efforts if […]
