Blog

January 18, 2025
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Blog
Reducing Energy Costs: Sustainability Tips for Self-Storage Facilities

As energy costs continue to rise, self-storage facility owners are seeking ways to reduce expenses while adopting sustainable practices. Incorporating energy-efficient strategies not only lowers utility bills but also enhances your facility’s appeal to environmentally conscious customers. Here are actionable sustainability tips to help self-storage facility owners cut energy costs and operate more efficiently.

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January 11, 2025
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Blog
How to Turn One-Time Renters into Long-Term Customers

In the self-storage industry, customer retention is as critical as attracting new tenants. Converting one-time renters into long-term customers not only stabilizes your occupancy rates but also maximizes revenue and reduces marketing expenses. The key lies in building strong relationships, offering value-added services, and staying engaged with your customers. Here’s how self-storage facility owners can transform short-term renters into loyal, long-term clients.

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January 4, 2025
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Blog
Seasonal Opportunities: Why January is Ideal for Community Engagement

January often feels like a fresh start—a time to reset goals, build momentum, and connect with new opportunities. For self-storage facility owners, the beginning of the year provides a unique chance to strengthen ties within the community and attract new customers. By focusing on community engagement, you can build goodwill, enhance your reputation, and increase occupancy during what is typically a slower season.

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December 28, 2024
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Blog
Starting the New Year Right: Tips for Self-Storage Facility Owners

The New Year is a time for fresh starts, and as a self-storage facility owner, it’s the perfect opportunity to set your business up for success in the coming year. Whether it’s planning for future growth, streamlining operations, or engaging with your tenants, taking proactive steps now can make 2024 your best year yet.

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December 21, 2024
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Blog
Holiday Hours and Communication Tips for Self-Storage Operators

The holiday season often brings changes to your facility’s operating hours, as well as increased activity from tenants. Clear and proactive communication is essential to ensure that your tenants are informed and your team is prepared. Managing this effectively can help reduce confusion, minimize frustrations, and create a positive experience for tenants during one of the busiest times of the year. Here’s how to keep everyone on the same page during the holidays.

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December 14, 2024
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Blog
Storage Staffing for the Holiday Season: Ensuring Smooth Operations

The holiday season is a time of increased activity for self-storage facilities. From tenants retrieving decorations to storing gifts or making room for guests, your facility may see higher-than-usual traffic. To keep things running smoothly, it's essential to have the right staffing strategy in place. A well-prepared team ensures seamless operations and provides tenants with the excellent service they expect during this busy time.

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December 7, 2024
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Blog
How to Prepare Your Self-Storage Facility for Holiday Traffic

The holiday season brings a unique set of challenges and opportunities for self-storage operators. Whether tenants are retrieving decorations, hiding gifts, or making space for holiday gatherings, your facility may see an uptick in activity. Preparing ahead of time will help you manage the increased traffic, maintain security, and provide excellent service to your tenants. Here’s how to get your facility holiday-ready.

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November 30, 2024
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Blog
Preparing for the Next Market Upswing: Self-Storage in 2025 and Beyond

The self-storage industry is known for its resilience, but even this sector is not immune to market fluctuations. As we move into 2025, self-storage facility owners face a challenging landscape characterized by declining move-in rents, high mortgage rates, and softened demand due to a sluggish housing market. However, there are signs that the market may rebound in the coming years, with growth opportunities on the horizon. In this blog, we’ll explore how self-storage owners can prepare for the next market upswing, positioning their businesses for success in 2025 and beyond.

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November 23, 2024
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Blog
Leveraging Declining Construction Costs: Is It Time to Expand Your Self-Storage Facility?

As we look ahead to 2025, self-storage facility owners are navigating a complex market landscape. With demand expected to soften due to slowing home sales and rising mortgage rates, many are reconsidering their growth strategies. However, there’s a silver lining on the horizon: declining construction costs. This shift presents a unique opportunity for facility owners to expand their footprint, even in a challenging economic climate. In this blog, we’ll explore how self-storage operators can leverage declining construction costs to enhance their competitive edge and position themselves for future growth.

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November 16, 2024
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Blog
Top 5 Self-Storage Trends to Watch in 2025

The self-storage industry is rapidly evolving, driven by advancements in technology, changing consumer preferences, and a growing focus on sustainability. To stay competitive, facility owners must adapt to these trends to attract tenants, boost occupancy rates, and increase property value. Whether you're looking to enhance your current operations or considering an expansion, here are the top five self-storage trends to watch in 2025.

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November 9, 2024
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Blog
Understanding Cap Rates and Their Impact on Self-Storage Sales

As a self-storage facility owner, understanding cap rates and how they influence property valuations is crucial when buying, selling, or refinancing your assets. In this blog post, the Gorden Group will explore the concept of cap rates, their role in self-storage sales, and how you can leverage this knowledge to make informed decisions.

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November 2, 2024
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Blog
Self-Storage Facility Expansion: Is It Worth It?

With the growing demand for self-storage solutions, many facility owners are considering expansion as a way to boost revenue and enhance property value. But is expanding an existing self-storage facility always the right move? In this post, we’ll walk through the pros and cons, key considerations, and tips for evaluating whether an expansion could be a valuable investment.

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October 26, 2024
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Blog
Renewed Optimism: How Interest Rate Decreases are Boosting the Self-Storage Market in 2024

The self-storage market is experiencing a wave of optimism as recent interest rate decreases breathe new life into the sector. After a period of economic uncertainty and rising rates, the industry is poised for potential growth and renewed investor interest.

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October 19, 2024
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Blog
How to Properly Handle Defaulting Tenants in Arizona Self-Storage Facilities

As a self-storage facility owner in Arizona, dealing with defaulting tenants is an unfortunate but necessary part of the business. Knowing how to handle these situations legally and efficiently is crucial to protecting your business interests. This guide will walk you through the proper steps to take when faced with a defaulting tenant, based on Arizona's self-storage statutes.

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October 12, 2024
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Blog
Seasonal Demand for Self-Storage: How to Prepare and Maximize Off-Peak Times

The self-storage industry experiences seasonal fluctuations in demand, with busy periods typically aligning with the warmer months when people are moving, renovating, or decluttering. While high-demand seasons bring increased revenue, it’s essential to know how to prepare for these times and optimize your operations during off-peak months. In this blog, we’ll discuss the factors behind seasonal demand and share strategies to help self-storage facility owners make the most of both high and low seasons.

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October 5, 2024
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Blog
The Importance of Location: What Makes a Self-Storage Property Valuable?

In the world of real estate, location is often considered the most critical factor in determining a property's value—and self-storage is no exception. While factors like occupancy rates, facility size, and amenities are important, the location of a self-storage facility can make or break its profitability. In this blog, we’ll explore what makes the right location so essential and how it impacts the long-term success of a self-storage property.

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September 28, 2024
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Blog
Self-Storage Facility Maintenance: What Every Owner Should Know

Owning a self-storage facility can be a rewarding investment, but it also comes with a unique set of maintenance responsibilities. Proper upkeep is crucial not only for protecting your investment but also for ensuring customer satisfaction and safety. This blog outlines essential maintenance practices every self-storage owner should know to keep their facilities running smoothly.

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September 21, 2024
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Blog
Exit Strategy: When is the Right Time to Sell Your Self-Storage Property?

Owning a self-storage property can be a lucrative investment, but there may come a time when selling makes more sense than holding onto it. Whether you’ve been in the business for years or are relatively new, deciding when to sell your self-storage property requires a combination of market insight, financial planning, and personal goals.

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September 14, 2024
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Blog
The Importance of Curb Appeal: Attracting Tenants with a Well-Maintained Facility

In the self-storage industry, first impressions are everything. The moment potential tenants arrive at your facility, they begin forming opinions about the quality and security of the space. This makes curb appeal—the visual attractiveness of your property from the outside—a critical factor in attracting new tenants and ensuring they feel confident choosing your facility. In this post, we’ll explore the importance of curb appeal and share actionable strategies to help you maintain a clean, professional, and inviting property.

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September 7, 2024
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Blog
Customer Service Best Practices: Keeping Tenants Happy and Reducing Turnover

In the self-storage industry, providing excellent customer service is key to maintaining tenant satisfaction and reducing turnover. Happy tenants are more likely to stay longer, recommend your facility to others, and leave positive reviews—helping to build your reputation and grow your business. In this blog post, we'll explore some customer service best practices that can help you keep your tenants happy and ensure they feel valued and cared for throughout their time with your facility.

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August 31, 2024
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Blog
Understanding Market Trends: How to Stay Competitive in the Self-Storage Industry

The self-storage industry has been experiencing dynamic changes in recent years, influenced by various factors such as technological advancements, economic shifts, and evolving customer expectations. As a self-storage operator, staying competitive means not only understanding these market trends but also adapting your strategies accordingly. In this blog post, we’ll explore some of the key trends shaping the self-storage industry today and provide actionable insights on how to stay ahead of the curve.

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August 24, 2024
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Blog
Top 10 Security Measures Every Self-Storage Facility Should Implement

When it comes to operating a successful self-storage facility, security is one of the most critical aspects to consider. Not only does strong security protect your tenants' belongings, but it also enhances the reputation of your facility, making it more attractive to potential customers. In a market where trust is a key factor for tenants, implementing top-notch security measures can be the difference between a fully-occupied facility and one that struggles to maintain tenants.

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August 17, 2024
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Blog
Navigating Zoning and Regulatory Issues for Self Storage Properties

As a self storage property owner or investor, understanding and navigating zoning and regulatory issues is crucial for your business's success and compliance. This guide will walk you through key considerations and strategies to effectively manage these challenges.

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August 10, 2024
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Blog
Southwest Seasonal Trends in Self Storage and How to Capitalize on Them

Understanding seasonal trends is crucial in the self-storage industry, especially in the Southwest U.S., where the snowbird population significantly impacts demand. This blog explores these trends and offers strategies to maximize occupancy and revenue.

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August 3, 2024
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Blog
Mastering Marketing: Strategies to Attract and Retain Self Storage Customers

In the competitive self storage industry, particularly in the bustling markets of Arizona, Nevada, and Utah, maintaining high occupancy rates is crucial for profitability. The unique characteristics of these Southwestern states present both opportunities and challenges for self storage facility owners. This blog post will delve into effective strategies to help you maximize occupancy in your self storage facility, ensuring your business thrives in these dynamic markets.

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July 27, 2024
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Blog
Boosting Your Self Storage Property Value in a Challenging Market

In the competitive self storage industry, particularly in the bustling markets of Arizona, Nevada, and Utah, maintaining high occupancy rates is crucial for profitability. The unique characteristics of these Southwestern states present both opportunities and challenges for self storage facility owners. This blog post will delve into effective strategies to help you maximize occupancy in your self storage facility, ensuring your business thrives in these dynamic markets.

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July 16, 2024
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Blog
How to Maximize Occupancy Rates in Your Self Storage Facility

In the competitive self storage industry, particularly in the bustling markets of Arizona, Nevada, and Utah, maintaining high occupancy rates is crucial for profitability. The unique characteristics of these Southwestern states present both opportunities and challenges for self storage facility owners. This blog post will delve into effective strategies to help you maximize occupancy in your self storage facility, ensuring your business thrives in these dynamic markets.

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