In light of today's difficult economic environment, we think that it is best to use these times to focus on ways to improve our business and find competitive advantages.  As self storage owners, many of our readers have experience with different strategies and ideas that can help improve a self storage operation whether it be unique marketing ideas, clever ways to reduce expenses, or special sales techniques!  We'd like to give you an opportunity to share your expertise with the readers of the Alert so that self storage owners across the country can benefit.  Just send an email to alert@argus-realestate.com with your idea and how it helped your business.  We'll choose a story to share each month and the selected individual will receive a $50 restaurant gift certificate!  We hope you'll take part in passing on your knowledge and experience to help keep our industry going strong - you're likely to pick up some new ideas for your business along the way!

Amy

Amy Hitchingham is Vice President of the Argus Self Storage Sales Network.  She can be reached at 303-317-4232 or via e-mail at amy@argus-realestate.com.

New Argus Listings

• Hebron, IL:  $1,350,000; Development Site.  Contact Broker Affiliate Bruce Bahrmasel at 312-518-3550.

• Corbin, KY:  $360,000; 19,100 RSF.  Contact Broker Affiliate Kevin Verhoven at 859-494-4460.

• Aberdeen, NC:  $2,525,000; 43,300 RSF.  Contact Broker Affiliate Dale C. Eisenman at 843-342-7650.

• Shallotte, NC:  $2,900,000; 57,725 RSF.  Contact Broker Affiliate Dale C. Eisenman at 843-342-7650.

• Forest Hill, TX:  $2,450,000; 49,850 RSF.  Contact Broker Affiliates Richard Minker & Tyler Trahant at 888-764-6537.

• 3-Property Portfolio, WA: $1,650,000; 37,252 total RSF.  Contact Broker Affiliate Ryan Layton at 509-435-2424.

• Moses Lake, WA: $1,250,000; 41,920 RSF.  Contact Broker Affiliate Ryan Layton at 509-435-2424.

To view information on all 110 of our nationwide self storage listings Click Here

Property Pick

Macon, GA
$1,200,000

• Rentable SF: 26,962

• Units: 220

• Land Area: 1.7 acres +/-
   

• Sturdy concrete block buildings

• Asking price at or below replacement cost

• Consistently high occupancy

• Significant upside potential

• Onsite apartment and rental office

For more information on this opportunity,
please contact Argus Broker Affiliate
Dale C. Eisenman, CCIM at
843-342-7650 or send an
Email Request

Argus News

We are pleased to welcome our newest Broker Affiliate to the Argus Self Storage Sales Network! 

Bill Walsh, of Commerce CRG/Cushman & Wakefield Alliance in Las Vegas, will be representing Argus in the state of Nevada.  Bill has 12 years of experience in industrial sales and leasing, as well as land and investment sales.  A resident of Las Vegas for 15 years, Bill also has experience in construction sales and was a 2003 Top Producer at Industrial Property Group.  Bill can be reached at 702-796-7900.

Industry Insights

Extra Space Storage Inc. Reports Operating Results for the Three Months Ended 9/30/08
CNNMoney.com - USA
Acquired one self-storage property located in Maryland for approximately $5.0 million and acquired an additional 40.0% interest in an existing joint venture ...

Self Storage Performance Index Shows Industry Standing Its Ground
Inside Self-Storage - Phoenix,AZ,USA
Self Storage Data Services Inc. (SSDS) has revealed the findings of its most recent Self Storage Performance Index (SSPI), a quarterly tool that tracks ...

2008 Self-Storage Expense GuideBook Released by Cushman & Wakefield
Cushman & Wakefield of California Inc. recently released the 2008 Self-Storage Expense GuideBook, compiled annually by the company’s Self Storage Industry Group (SSIG) and published by MiniCo Publishing. ...

Extra Space Storage to offer 3 million shares
AP via Yahoo! Finance
Extra Space Storage Inc., a real estate investment trust that operates and owns self-storage properties, said Tuesday it has agreed to sell 3 million common shares to clients of an investment management business.

Vendor View