Real Estate

I recently assembled a roundtable of real estate experts to discuss the state of self-storage in the Southeast. I asked them to comment on their local markets, including occupancy levels and pricing. Joining us in the discussion are: Allen Barnhill, Omega Properties Inc., Atlanta Bill Barnhill, Stuart LaGroue and Shannon Barnhill Barnes, Omega Properties Inc., Mobile, Ala.  P. John DeStefano, Commercial ...

Bremerton, Wash., had early economic activities centered around the timber and lumber industry. William Bremer, a forward-looking German immigrant, realized the economic potential of a town located close to the Naval station and platted the town of Bremerton on Dec. 10, 1891. Through Bremer's promotional efforts, businesses and families were encouraged to move to Bremerton and provide the goods, services ...

I recently assembled a roundtable of real estate experts to discuss the state of self-storage in the Northeast. To help quantify the trends they’re seeing in today’s market, I asked them to rate their markets on a scale from one to five (rating specifics differ for each topic). I’ve also added my comments on their average response. Joining us in ...

To say 2009 was a rough year for businesses is an understatement. While some self-storage operators did well during the past 18 months due to changes in the lives of consumers, most still felt the fallout of the recession. Lower occupancy rates, abandoned units, higher unit turnover and concessions became the norm for many. Yet self-storage fared better than most ...

During the past two years, there has been a significant curtail in transaction activity in all types of real estate sales, including self-storage. More recently, however, we find there’s a substantial improvement in the capital markets, particularly for the largest self-storage companies. This will continue to drive demand on behalf of industry companies that wish to grow through acquisition of ...