Extra space storage 87114,rubbermaid storage unit instructions,storage buildings for sale in greenville nc - Tips For You

21.12.2013
Furthermore, Extra Space said it had closed on the purchase of 35 of the 40 facilities mentioned in its third-quarter earnings release for a total price of $190.4 million. Extra Space’s 17-facility deal follows recent announcements of major acquisitions by two of its REIT rivals: CubeSmart LP and Public Storage Inc.
For Extra Space, securing millions of dollars in acquisitions this year hasn’t been easy in what continues to be a highly competitive market for top-quality assets.
Extra Space is predominantly buying properties at cap rates between 6 percent and 7 percent.
Kirk acknowledged that Extra Space that amid competitive bidding, the REIT has not been “overly successful” in landing facilities that have been actively marketed.
As for development activity, Extra Space does not do ground-up construction on its own, but it does enter joint ventures that hold the opportunity for acquisitions down the road. By most measures, the REIT’s third-quarter results either met or exceeded what had been already high expectations from Wall Street analysts.
Kirk credits the “great operating environment” for part of the REIT’s recent success—namely stable customer demand and limited new construction. Extra Space marked a major milestone in the third quarter when it surpassed 1,000 branded properties in its portfolio. 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. Extra Space Storage is a beautiful and functional structure in the urban jungle of San Francisco. An Extra Space Storage facility in Manchester, NH, has stopped taking new tenants because of the presence of lead.
Signs outside the Extra Space location read that “high levels of lead were recently detected in dust,” according to The New Hampshire Union Leader. Extra Space blames the lead contamination on construction performed by the landlord, Brady Sullivan Properties.
Until the lead danger is removed, the facility won’t rent out any of its 524 units to new tenants. A tenant who discovered the contamination in his unit informed Extra Space and the Union Leader about it.
Lead poisoning poses extreme danger to children and can cause brain, blood and kidney damage. Halverson, who declined to comment to The Storage Facilitator, told the Union Leader that the company tested the facility and found various levels of lead. This isn’t the first time Extra Space has dealt with lead problems at one of its facilities.
Marc Pinard, an attorney for the landlord, told the Union Leader that Extra Space has chosen not to address the lead problem since moving into the property.
Beginning March 2nd, Stapleton residents and businesses will have another storage option: Extra Space Storage located in Stapleton’s Northfield Business Park. The three story self-storage facility will offer exterior units and state of the art climate-controlled interior units that range from 5’x 5’ to 10’x 35’ in size.


Additionally, the facility utilizes a twenty-four hour security system giving Extra Space Storage tenants’ confidence that their belongings are safe.
Adding extra storage space in your Louisville house isn’t as hard as you might think. There never seems to be enough space around the house – whether you have a brand new house, a house you grew up in, or even a town house.
There is nothing like that feeling of finally getting rid of old junk and adding space that you never thought you would or could have.
When you are looking to add space in the kitchen, there are many ways to do so without really going off the deep end. Don’t be afraid to toss them, or even gather everything together for your next neighborhood garage sale or yard sale. Holding on to mementos is one thing but becoming a hoarder and losing much-needed space around the house is another. Similar to your basement, the garage somehow quickly becomes a resting place for many boxes and junk that you don’t think you should get rid of over the years.
Just take the time and get rid of the extra tools, lawn equipment, bags, boxes – you name it – and either toss them out or look to make a few bucks off of them at garage sales or even online. Space doesn’t need to necessarily be confined to what is laying around the floor or the closets. 4, the self-storage REIT announced it had signed a deal to buy 17 storage facilities in Virginia for $200 million in cash.
These 35 facilities are in 12 states, and contain about 23,600 units with 2.6 million square feet of rentable space. 4 announcement, Extra Space this year has purchased or is purchasing a total of 87 facilities for more than $730 million. Chris Sonne, executive managing director of the Self Storage Industry Group at commercial real estate firm Cushman & Wakefield, said the four self-storage REITs are “flush with cash” and prefer to buy existing facilities rather than build facilities from the ground up.
The company has a track record of strong growth that it has maintained over several quarters, and is “firing on all cylinders” with its third-quarter results, according to an Oct.
Street rates rose, while discounts to new customers declined, resulting in same-store revenue growth of 7.8 percent for the quarter. However, the company is leveraging favorable market conditions along with its own strong operating platform to produce double-digit growth in funds from operations (FFO), an important financial yardstick for REITs. So far this year, the REIT has added 72 branded facilities to its third-party management program for a total of 253.
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. The landlord has converted most of the complex into apartments and intends to do the same to the area now occupied by Extra Space. According to the newspaper, lead dust fell onto belongings stored beneath a window installed during renovation work performed by the landlord. Furthermore, lead poisoning has been linked to behavioral problems, slowed growth, hearing problems and headaches. At no charge, the company is offering to clean customers’ belongings when they move out.


Lisa Glynn and Tom Razo will be opening their second Stapleton self-storage facility to serve both the commercial and residential needs of the community. Tenants will also have the ability store their goods long-term or temporarily with a flexible month-to-month leasing agreement. In order to post comments, please make sure JavaScript and Cookies are enabled, and reload the page. Here are four tips to give you extra storage space throughout your house and remove some of the clutter. Instead of installing new cabinets and spending more money than necessary, try getting rid of some of the old plates, glasses and containers you probably haven’t used in years. It may just take a little time to sort through and actually pick out what you need to keep and what can be tossed. If you haven’t been through or used anything in those basement boxes in the past year or two, chances are you don’t need them.
It will be great to have that extra space rather than the extra headache of seeing the boxes time and time again. It is time to make space in the drawers, and you could even add to a great cause by donating to the local Goodwill store. He specializes in diapers and Sippy cups by day, but is a successful real estate investor by night. In general, Extra Space has been outbid by as much as 10 percent on marketed properties, Kirk said. Excluding one-time acquisition charges, the company’s year-over-year FFO growth was 21 percent in the third quarter. In 2012, the EPA discovered dangerously high levels of lead in the soil on the property, as well as in the soil of several surrounding homes. Extra Space Storage Northfield Stapleton will be conveniently located just north of I-70 on the Central Park Blvd Exit between 50th and 51st Ave at 5062 North Central Park Blvd, Denver, CO 80238. Clothes always seem to pile up more and more without ever really getting rid of your favorite sweater or pair of jeans. The portfolio comprises about 14,000 units with about 1.5 million square feet of rentable space. Environmental Protection Agency (EPA) banned lead paint in homes and day care centers in 1978. Extra Space, which bought the site in 2001, said it didn’t detect any contaminants before construction.
Lead regulations are less stringent when it comes to commercial properties, including storage facilities.
That’s despite the fact that storage facilities often are used to store household items.



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