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29.09.2015 admin
About 2,000 RV owners have been notified by Flying Bull RV Storage in Irvine, CA that they must vacate the property by Jan. The city, which owns the land, is ending a month-to-month lease arrangement with Flying Bull to make room for the completion of the Great Park, a large residential and commercial development, said city spokesman Craig Reem. The closure is expected to worsen the current shortage of RV storage spaces in Orange County.
Deits said because of the severe shortage of RV storage space in the region, the closure of Flying Bull will likely trigger a spike in storage costs. Finding space for the more than 2,000 RVs that are leaving Flying Bull is like trying to relocate a small city, Deits said. Deits predicted that RV storage businesses will be pushed farther and farther away from urban areas, because of rising land costs. The closure of the Flying Bull facility to make room for the Great Park was long anticipated.

In the message to their customers, the operators of Flying Bull RV Storage said they were working to find new locations to re-establish operations. Natolie Ochi, vice president of SKS Management, which runs self-storage facilities in California and Hawaii, is familiar with the shortage of RV space in Orange County.
People who now rent space at the Flying Bull facility likely will be forced to seek storage space farther east, away from urban centers and residential areas, she said. 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.
With land costs in Orange County rising, it’s unlikely that anyone will open new facilities to accommodate the evicted tenants.

The Great Park is a mixed-use development that will include homes, commercial development, and a sprawling park that will be larger than Central Park in New York City. They don’t expect to find enough capacity to accommodate all of their tenants, however.
This white paper identifies major trends and best practices in rate management, occupancy analysis, rental contracts and profit management. 7 article in the Orange County Register newspaper, Ingley said the departure of tenants from his business was increasing demand for RV storage space in Orange County.

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