Become an Informed Investor Today!
What a great time for the self-storage industry. We have experienced a record number of transactions over the last several years and each year we seem to be breaking records with regards to low cap rates, rental rate growth, NOI growth, PSF prices and actual value for every dollar of NOI. Many are calling it […]
As we kick off 2016, the business of buying and selling self storage properties in the U.S. has never been more competitive or complex. We believe that the value of professional guidance from an Argus broker pays big dividends as buyers and sellers benefit from industry knowledge in today’s very fast-paced and dynamic market. Due […]
Sounds like good news – and it is! Never before have prices been higher for self storage properties – either in absolute dollars or in relation to the income they produce. Over the last 3 years or so, selling prices of self storage have risen dramatically. A typical owner could look at their facility and […]
This time of year, we find ourselves reflecting on the things that we are grateful for and the people who mean the most to us. Here at Argus, we are thankful for the men and women who work hard to serve the needs of their self-storage clients. The Argus Self Storage Sales Network is made […]
Everyone has an opinion. This statement has always been true, but in today’s ultra-connected, social media-oriented world, opinions are much easier to share (and harder to erase). Why is this important to self storage operators? The image that you project online is one of the primary reasons that people will choose to rent from your […]
For the last several months we have been talking about the uncertainty in the self-storage investment market, due to stock market volatility, looming interest rate hikes, a new development pipeline, and the ever-changing financing market. By most measures the self-storage rental business is reasonably steady, if not booming today. However, over the last several years […]
There are widespread expectations that the Federal Reserve will raise rates later this year; in fact, many think it’s going to occur next month. So exactly how will this increase in rates affect commercial real estate? The better question is why are interest rates rising? If it’s because the U.S. is perceived as a riskier […]
The seller of this storage sought out the expertise of our team to help them sell their property within a limited time frame. Our client had a loan maturity coming due and did not wish to refinance as this facility was no longer one of his core assets. The storage had deferred maintenance, the management […]
Over the last 10 years, I have realized that complacency is a major problem in self-storage, particularly since we’ve been enjoying the recent strong performance of the industry. At one time or another we have all looked at our to-do list and thought, “I can do that next month.” Reviewing your operating expenses, however, is […]
Our client was a retiring developer whom we had worked with many times before during his 40-year career developing office, storage, and other types of real estate in Phoenix. The property was an 11 acre boat/RV/vehicle storage that featured 10 paved acres and an 800 square foot office. Due to this asset being a niche […]
