Three Additional Things to Ask For Before You Engage a Feasibility Report
Do you know you can talk to the person you hire for a self storage feasibility report and ask them to focus on a few additional things before you engage them? At least I do. So far, it has worked. Now every feasibility report (at least good ones) will have basic items...
Supply and Demand Variables Besides Sq. Ft/ Per Capita – Is It Time to Revise Our Thinking?
About twice a year, I get on my soapbox and pontificate about using sq. ft/per capita as the sole and primary basis for determining self storage supply/demand in a market or trade area. It’s that time of year again. Watch on YouTube And like all human beings, I love...
What I Look For Today in a Self Storage Trade Area
Today, it is more critical than ever to make sure a trade area is healthy and ripe for self storage as you are considering buying, building, converti9ng, or expanding in a particular trade area. It has always been important, but never more than today. So, when I say...
Is Sq. Ft. Per Capita Still the Best Measurement for Self Storage Supply/Demand Analysis?
Over the past few years, I have been questioning if the standard measure we all use, how many square feet of self storage per person exists in a given trade area, is the best measure to determine the supply/demand of that trade area. What I am noticing is that in many...
The Four Elements That Make a Good Self Storage Site
I recently was traveling looking at some sites for some self storage projects and thought it might be good to write an episode outlining what I think makes a good site. I have made some real mistakes on this in the past. There are four main elements that make a great...
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