Category: Sponsored

JLL Assists Clear Sky Capital Expansion into UK Following Success in U.S.

  $184M in self-storage financings closed this year on behalf of Clear Sky JLL Capital Markets announced today that it has assisted Clear Sky Capital on its expansion into the UK through a $121 million refinancing of an 18-property self-storage portfolio located across London, the South-East and South-West of the UK. The UK expansion follows the success in the U.S., in which JLL first advised on a $65 million institutional recapitalization with $40 million in go-forward equity for strategic growth at the end of 2022, and has since arranged $62 million…

Janus International Group Announces Opening of New Manufacturing Facility in Wrocław, Poland

Janus International Poland – Open For Business! Janus International Group, Inc. (“Janus” or the “Company”), a world-leading supplier of self-storage products and related access control technologies, is thrilled to announce the opening of its brand-new manufacturing facility in Wrocław, Poland. The investment into the state-of-the-art Polish plant marks a significant milestone for Janus and the self-storage industry in Europe. A New Trailblazing Manufacturing Plant The city of Wrocław was chosen as an ideal location to complement Janus’s existing production and distribution centre in County Durham, UK. Wrocław, a vibrant and…

Janus International Group, Inc., Global Supplier Of Turn-Key Self-Storage, Commercial And Industrial Building Solutions, Celebrates 20th Anniversary

Janus International Group Inc. (NYSE: JBI) (“Janus” or the “Company”), a global manufacturer and supplier of turn-key self-storage, commercial, and industrial building solutions, including roll-up and swing doors, hallway systems, re-locatable storage units, and facility and door automation technologies, today announced the launch of a year-long celebration to commemorate the Company’s 20 years in business. “Janus has grown significantly over the past two decades and since we established the Company in Temple, GA, our footprint now spans the world through subsidiaries in Europe, Australia, and Asia and a joint venture…

6 Steps To Get Started In Self Storage – By Janus International, Europe

You have decided that the self-storage industry is a space that you want to get involved in. Like any new venture, setting up a self-storage facility or investing in self-storage requires homework. Here are 6 steps to help you ensure your venture is a success! 1. Market Research: Before you jump into a self-storage project, it is vital to research your market. Use demographics or market research companies to discover who your customers are in the area. 2. Business Plan: With the in-depth information you have gathered on self-storage with…

Mayfair Capital Enters UK Self-Storage Market With Purchase of The Storage Team

U.K.-based Mayfair Capital Investment Management Ltd. has acquired The Storage Team (TST) in Northwest England. The transaction marks Mayfair’s entry into the self-storage sector. The transaction includes all TST branding, intellectual property and real estate as well as the formation of a joint venture to manage and scale the portfolio, according to a press release. TST operates self-storage in St. Helens, Widnes and Wigan, England. Subsequent to the sale, Mayfair acquired three more existing facilities and two conversion properties it intends to open next year. The additions will expand the…

Self-Storage Company Opens New Branch In Shrewsbury

Self-storage company, Space Station, has announced the newest expansion to its UK operations with the opening of a new facility in Shrewsbury. Up to 750 individual storage units are available to rent. The new store boasts a sizable 57,000 square feet of storage space available for local customers and businesses, which includes up to 750 individual storage units to rent, providing a boost to the accessibility of externally sourced storage in the local Shropshire community. After purchasing from fellow storage company, Rent a Space, Space Station officially opened its doors…

Budgeting For The Big Stuff: How To Reserve Funds For Your Self-Storage Capital Expenditures

If an expensive component of your self-storage facility breaks, like your HVAC unit, will you have the necessary funds for repair or replacement? Without dipping into your operating cash flow? You will if you have a plan for ongoing capital expenditures! Find out how to create a budget and build up a reserve. One of the most attractive features of owning a self-storage property is low ongoing capital expenditures (capex). Unlike with multi-family, office or even retail properties, there’s very little required to keep the operating cash flowing. But while…

StorTrack Releases ‘StorTrack Explorer’ to Offer Self Storage Professionals Free Access to Interactive Data Map for All Markets

StorTrack, the premier international self storage data company, recently launched ‘StorTrack Explorer’ which offers an interactive map, improved user search experience and new formatting for accessing primary, secondary and tertiary market analytics on over 58,000 existing facilities and nearly 2,000 development projects in the US, the UK and Canada. Self storage investors and developers can choose from free, basic or unlimited account options. Free accounts have access to StorTrack Explorer’s mapping tool and can view net rentable square footage, square feet per capita, existing facilities, population metrics, average rates per…

How Safe Are Your Access Control Solutions? Part One

Safety and security are hallmarks of today’s self storage industry. In competitive markets, solutions that protect tenants’ physical safety and the security of their possessions are differentiating factors — they separate market leaders from the rest of the pack. Increasingly, the quality of your operation’s safety and security solutions directly impacts tenant acquisition and retention. Yet it may be tempting for owners and operators to inadequately evaluate their choice in security solutions — a mistake that can have serious consequences for the bottom line of your business. If a single…

Storage Vault of Scotland to Accept Bitcoin for Self Storage Payments

Storage Vault Ltd. is now accepting Bitcoin as a form of payment from customers. The cryptocurrency will be acceptable in CoVault, the company’s flexible-workspace division, according to a press release. Storage Vault accepting Bitcoin as a payment option because of its benefits and to offer more payment choices for tenants. Company officials believe cryptocurrency will become more common in future. We are the first self storage and workspace business in the U.K. to accept Bitcoin.” Bitcoin was invented in 2008. It is not controlled by a bank or administrator. Rather,…