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At U-Haul Storage Corpus Christi, we take great pride in providing a clean, secure solution for all your extra storage needs.
The four big self-storage REITs aren’t the only publicly traded companies that are adding self-storage space at a dizzying pace.
Amerco, the Reno, NV-based parent company of move-it-yourself giant U-Haul International Inc., reported Nov. Edward “Joe” Shoen, chairman and president of Amerco, said his company plans to continue growing its self-storage business through the purchase, conversion and construction of facilities.
On the acquisition front, Shoen said he’s heard that the four publicly traded self-storage REITs believe they wield a cap-rate advantage over Amerco.
Shoen pointed out that Amerco also is competing against non-REIT investors for those opportunities.
Amerco said the number of U-Haul storage units rented has risen thanks to acquiring new facilities and improving occupancy at existing facilities.

In line with the bump in the facility and occupancy counts, Amerco reported nearly $45.6 million in self-storage revenue for the quarter ended Sept. When reading this, I focused on this quote “I’m not sure they fully appreciate the management intensity of the self-storage business. Welcome.The Storage Facilitator is the modern self-storage professional's destination for useful education, intriguing news, diverse expert perspectives, technology updates, and beyond.
Get our free white paperThe Four Pillars of Profitable Self-Storage Management is an in-depth resource that empowers facility owners and managers to get more out of your business and stay ahead.
The information contained herein has been obtained from third parties and we cannot guarantee the accuracy or completeness of the information. 6 that from the end of September 2012 to the end of September 2013, it had added nearly 2.2 million net rentable square feet to the portfolio of storage facilities that it owns. 16, U-Haul’s portfolio comprised 1,181 owned and managed facilities, according to a report from Macquarie Capital.

He first moved to Austin in 1999, when downtown Austin wasn't nearly as lively as it is today.
This white paper identifies major trends and best practices in rate management, occupancy analysis, rental contracts and profit management. 30, the average occupancy rate climbed to 85 percent from 83.3 percent during the same period a year ago.

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