January 2026
The Difference Is In the Details.
GOLD STANDARD ROOF: Corrugated for added strength; Will not leak, sag, or rust; Anti-condensation spray coat. TAILOR-MADE FOR YOU: Units sizes up to 10’ x 20’ x 9’; Subdivide up to four rentals; Color-match to fit your brand. BOXWELL BRAND DOOR: Quality parts & craftsmanship; Double spring, easy operation; Genuine rubber seal, not PVC.
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BUILT FOR YOUR SUCCESS: On-site assist for first-time clients; White glove install team available; Extensive product warranties. COST-SAVING DESIGN: 12 Flat-pack units per truck; Reduced construction costs; Section 179 write-off eligible. ULTRA-STRONG BASE: 10,000-Pound load capacity; Movable when fully loaded; No “lightweight” shortcuts.
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www.boxwell.co 303-317-5850
Award-Winning Facilities Start With Award-Winning Products
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POWERED BY

Nokē Smart Entry
+ Janus Doors
Recognized as MSM’s 2025 Facility of the Year, this stunning multi-story facility in West Virginia proves that great design starts with great products. Outfitted with Nokē Smart Entry and Janus Doors throughout the interior, this facility delivers unmatched security, style, and convenience—setting the standard for what modern self storage should be. “Our customers really like the Nokē system. We have had no break-in attempts. Nokē Smart Entry has been amazing.”
– Gina Cruz, Property Manager, Guardian Storage.
Check out this VIDEO of GUARDIAN STORAGE MORGANTOWN!
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M Inside
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Operations icon
Operations
  • Generative Optimization Is Replacing SEO
    By Melissa Stiles
    Page 12
  • Do Self-Storage Facilities Need To Use Social Media?
    By Gaige Byerley
    Page 16
Cover Story
Claim To Fame
A Close-Up On Cameron Barsanti
By Alejandra Zilak
Page 42
Features
Ten Industry Leaders Sound Off
By Brad Hadfield
Page 50
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Operations
  • Generative Optimization Is Replacing SEO
    By Melissa Stiles
    Page 12
  • Do Self-Storage Facilities Need To Use Social Media?
    By Gaige Byerley
    Page 16
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DATA
Page 36
MSM Survey Reveals Fewer Incidents, Increased Security Measures
By Brad Hadfield
Page 38
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PROTECTION & RELIABILITY YOU CAN LOCK IN.
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PROTECTION & RELIABILITY YOU CAN LOCK IN.
Chateau lock in its packaging
Chateau lock in its packaging
two different style locks
lock component
Your Key to Security + Profits
lock
Free Shipping. Same Day Service. Best Prices.
800.833.9296 ChateauProducts.com
CLICK HERE FOR SAVINGS.
Winner ISS 2011-2025 Best of Business Best Lock
M icon
Chief Executive Opinion
Travis Morrow
Travis Morrow
CEO of MSM and Storelocal Corporation,
President of National Self Storage
I

like to say I can sum up my career in self-storage into the following advances:

  • Moved competition analysis into a database.
  • Moved the AZSA member guidebook from a three-ring binder onto a CD.
  • Moved from disc locks and keys to smartphone access.
  • Bought an old magazine and revamped the reader experience.

This is hardly groundbreaking stuff; maybe I did a little more than that. However, at the time I oversaw these changes, they felt like a huge leap for the customer. I’ve been talking about modernizing the customer experience since 2018 and doing it long before that.

Since Storelocal purchased MSM in 2023, the question that we’ve been asked the most is, “When are you going to do a show?” In November we answered that question with the unveiling of THE Show in Atlanta in November 2026. I want to take every opportunity to thank our sponsors who’ve signed on early to make this event happen: Janus International, Tenant Inc, CubeSmart, Tenant Property Protection, TractIQ, Kiwi Construction, and StorageLife. Putting on a first-year event is no small lift, and their early support is crucial.

Now it’s time to modernize the self-storage conference and trade show experience. There’s a lot of opportunity to improve, and we have the team to do it. Speakers, sponsors, content, production, experience, trade show floor, networking opportunities, breakfast, lunch, dinner—all of these are areas that can be improved and more!

Will other shows take notice? Will they make some changes? I sure hope so, as that’s good for the whole industry, which is what we at MSM care about over everything else.

The “Change My Mind” meme served us well the past couple of years, but for 2026, this space will be reserved to keep you up to date on all that we are working on for THE Show. It may seem early to start talking about a fall event in January, but you’re going to want to book your hotel, your flights, and your tickets early for this one. If you don’t want to take my word for it, check back here every issue while I change YOUR mind.

Get your tickets here and save $450:

Messenger (ISSN 3069-0129) is published monthly plus 1 additional issue in July for $59.88 per year by Modern Storage Media – 12071 N. Thornydale Road, Marana, AZ 85658-4766. $167.88 for one year in Canada and Mexico; $179.88 for one year (air only) in other countries. ALL SUBSCRIPTIONS PAYABLE IN U.S. FUNDS. PERIODICALS POSTAGE PAID AT Marana, AZ. AND ADDITIONAL OFFICES. POSTMASTER: Send address change to Messenger, PO Box 608, Wittmann, AZ 85361-9997. Allow six weeks for address change. Phone (800) 352-4636.
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Vol. 3 No. 5 • JANUARY 2026
  • PUBLISHER

    Poppy Behrens

  • Director Of Sales & Marketing

    Lauri Longstrom-Henderson
    (800) 824-6864

  • Creative Director

    Carlos Padilla
    (800) 352-4636

  • Editor

    Erica Shatzer

  • Lead Writer / Web Manager

    Brad Hadfield

  •  
    Storelocal® Media Corporation

    Travis M. Morrow, CEO

  •  
    Website

    www.ModernStorageMedia.com

    shop.modernstoragemedia.com

    www.MSMTHEShow.com

  • Visit Messenger Online!

    Visit our Self-Storage Resource Center online at
    www.ModernStorageMedia.com
    where you can browse our paid publications, research archived articles, sign up for a magazine subscription, submit a change of address, and more

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  • All correspondence and inquiries should be addressed to:
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    PO Box 608
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    Phone: (800) 352-4636
Parham Group
210-405-6695
theparhamgroup.com
Cheers to New Opportunities
Noah’s Ark Self Storage is poised for continuous growth. We’re looking for investors to join us as we redefine the self storage landscape.
WHY INVEST IN NOAH’S ARK SELF-STORAGE?
Resilient Market: With an ever-increasing demand for storage space, the self-storage industry has proven its resilience through economic fluctuations.

Scalability: Benefit from a scalable business model that allows for easy expansion into high-demand areas, maximizing your return on investment.

Steady Income Stream: Enjoy a reliable and consistent income stream with long-term leases and a diverse tenant base, providing stability even in uncertain economic climates.

Location, Location, Location: Our strategic locations are meticulously chosen to cater to growing populations, ensuring optimal visibility and accessibility for potential tenants.

Tech-Driven Management: Embrace the future with state-of-the-art technology that streamlines operations, enhances security, and ensures a seamless experience for both investors and tenants.

Quality: We build facilities with the utmost quality that differentiates our brand from competitors.

M icon
Publisher’s Letter
Five Reasons to Attend the Show!
H

ave you heard about the only East Coast self-storage conference and trade show in 2026? Presented by MSM and sponsored by Janus International, the inaugural event will take place in Atlanta, Nov. 4 to 6, 2026. And this is an event that people will be talking about for years!

First, this unique event will be hosted at The Signia by Hilton, one of Atlanta’s top-tier hotels: no casinos, no distractions, and no trade show grid flow or stuffy ballrooms. Instead, THE Show is just a fantastic event in the Hollywood of the South, with more innovation, more energy, and an agenda that features all-star industry heavy hitters and surprise celebrity MVPs.

Second, you’ll enjoy high-flying perks with discounted flights from our travel partner, Delta Airlines. Has any other trade show ever offered that?

Third, enjoy dinner with the sharks at our opening reception held at the Georgia Aquarium, featuring a private culinary experience by Wolfgang Puck.

Fourth, you’ll want to dress to the nines for our red-carpet awards gala celebrating the 2026 Facility of the Year and Manager of the Year winners.

Last but not least, you’ll get a jump start on 2026 with our innovative platform, which includes a private Investor’s Corner where you can get deals done on the spot, private meeting rooms where you can close the deal, and a trade show floor that works for you. What does that mean? No “bad booth” dilemma! It’s a layout designed for excellent visibility and great conversations.

For more information about THE Show, please see pages 6, 8, and 10. Questions? Feel free to reach out to me at poppy@modernstoragemedia.com. Interested in securing your booth before we sell out? Contact Lauri Longstrom-Henderson at (800) 824-6864.

See you in Atlanta!

Poppy Behrens signature
Poppy Behrens
Publisher
Poppy Behrens headshot
… you’ll enjoy high-flying perks with discounted flights from our travel partner, Delta Airlines. Has any other trade show ever offered that?
Five Reasons to Attend the Show!
H

ave you heard about the only East Coast self-storage conference and trade show in 2026? Presented by MSM and sponsored by Janus International, the inaugural event will take place in Atlanta, Nov. 4 to 6, 2026. And this is an event that people will be talking about for years!

First, this unique event will be hosted at The Signia by Hilton, one of Atlanta’s top-tier hotels: no casinos, no distractions, and no trade show grid flow or stuffy ballrooms. Instead, THE Show is just a fantastic event in the Hollywood of the South, with more innovation, more energy, and an agenda that features all-star industry heavy hitters and surprise celebrity MVPs.

Second, you’ll enjoy high-flying perks with discounted flights from our travel partner, Delta Airlines. Has any other trade show ever offered that?

Third, enjoy dinner with the sharks at our opening reception held at the Georgia Aquarium, featuring a private culinary experience by Wolfgang Puck.

Poppy Behrens headshot
… you’ll enjoy high-flying perks with discounted flights from our travel partner, Delta Airlines. Has any other trade show ever offered that?

Fourth, you’ll want to dress to the nines for our red-carpet awards gala celebrating the 2026 Facility of the Year and Manager of the Year winners.

Last but not least, you’ll get a jump start on 2026 with our innovative platform, which includes a private Investor’s Corner where you can get deals done on the spot, private meeting rooms where you can close the deal, and a trade show floor that works for you. What does that mean? No “bad booth” dilemma! It’s a layout designed for excellent visibility and great conversations.

For more information about THE Show, please see pages 6, 8, and 10. Questions? Feel free to reach out to me at poppy@modernstoragemedia.com. Interested in securing your booth before we sell out? Contact Lauri Longstrom-Henderson at (800) 824-6864.

See you in Atlanta!

Poppy Behrens signature
Poppy Behrens
Publisher
M icon
MSM’S THE SHOW
The Show 2026 Presented by Janus International
Welcome to THE Show
For an industry that’s evolving at a rapid pace, its conferences and tradeshows have stayed stubbornly the same. That changes next fall.

MSM’s THE Show lands in Atlanta, Ga., on Nov. 4 to 6, 2026, packing the Georgia World Congress Center with more industry speakers and keynotes than ever before, plus special guests, exciting breakout sessions, an acquisitions corner, and a trade show floor designed for engagement and visibility.

After hours, unforgettable events await, with our Deep Blue Welcome Dinner inside the underwater banquet hall of the Georgia Aquarium, catered by Wolfgang Puck, and our Red Carpet Awards Gala, honoring the very best in self-storage.

If you’ve been waiting for something different … Welcome to THE Show.

An aerial view of downtown Atlanta, featuring the Mercedes-Benz Stadium in the foreground and a modern cityscape with glass skyscrapers under a bright blue, slightly cloudy sky.
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Register now and save $450!
Meet The Team
Who is MSM?
Travis M. Morrow headshot
Travis M. Morrow
CEO
Poppy Behrens headshot
Poppy Behrens
Publisher
Lauri Longstrom-Henderson headshot
Lauri Longstrom-Henderson
Director Of Sales & Marketing
Carlos Padilla headshot
Carlos Padilla
Creative Director
Erica Shatzer headshot
Erica Shatzer
Editor
Brad Hadfield headshot
Brad Hadfield
Lead Writer / Web Manager
We are a forward-thinking team of knowledgeable professionals with more than 20 years of experience in self-storage. Through modern technology, we reliably deliver high-quality content and cutting-edge advertising opportunities. We strive to provide clarity in a rapidly changing industry by informing others with expert insights, accurate data, and authentic products. We are MSM.
PRE-ORDER DISCOUNT! Releases February 2026
2026 Self-Storage ALMANAC, THE 34TH EDITION. It's Your Data... Own It When It Releases! The most up-to-date data, trends, and analysis that self-storage owners, operators, investors, developers, and appraisers have come to rely on. Industry Data • Ownership • Self-Storage Supply Forecast • Economics & Demographics • Customer Traits • Tech & Security • Valuation & Financing • & MUCH MORE!
The Self-Storage Almanac 2026 Print Edition Book Format and Digital Edition Mobile and Desktop Format
LIMITED TIME PRE-ORDER DISCOUNT. Digital $149.95. Print $174.95. Combo $214.95.
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Operations icon
Operations
The AI
Shift
Generative Optimization
Is Replacing SEO
By Melissa Stiles
Illustration of a man and a robot pointing at digital screens while a woman works on a laptop, symbolizing human-AI collaboration.
F

or decades, search engine optimization has been the cornerstone of digital visibility. From carefully chosen keywords to backlink strategies, operators in the self-storage industry have relied on SEO to capture traffic from potential renters. However, a major shift is underway. With the rise of generative AI tools like ChatGPT, Gemini, and Claude, customers are increasingly turning to conversational interfaces rather than search engines. This new landscape demands a different approach. Generative optimization, or GO, is rapidly becoming the next frontier in digital marketing, and self-storage operators cannot afford to ignore it.

Understanding The Shift
Search engine optimization was built on the idea of influencing algorithms to rank websites higher in search results. Success depended on keyword density, content quality, site architecture, and backlinks. Although algorithms evolved, the basic principle stayed the same: get found by being visible on the results page.

Generative AI changes the dynamic completely. Instead of scanning through 10 blue links, a customer may now ask an AI assistant, “What is the best storage option near me with climate control and good reviews?” The AI does not provide a list of links. It provides a synthesized answer, often citing only a few sources.If your facility is not in the AI’s knowledge base or structured data, you will not appear in the response. Where SEO gave answers in the form of rankings and links, generative optimization gives solutions tailored to customer intent.

This is the core of generative optimization. It is the practice of ensuring that your storage business is discoverable, credible, and favored within generative AI outputs. In other words, GO is about optimizing for the answer, not for the search results page.

The AI does not provide a list of links. It provides a synthesized answer, often citing only a few sources. If your facility is not in the AI’s knowledge base or structured data, you will not appear in the response.
How Generative Optimization Works
Generative optimization involves aligning your digital presence with the ways AI systems gather and present information. The following elements are key:

Structured Data And Schema
AI models draw from structured data like schema markup, Google Business Profiles, and location databases. Ensuring that your property information is complete, accurate, and machine-readable is critical.

Reputation Signals
AI prioritizes trusted sources. This means Google Reviews, Yelp, and even social signals become more influential than ever. Reputation management is not just about human customers now, it is also about training AI systems to see your facility as credible.

Content Designed For Questions
Traditional SEO rewarded keyword-focused blogs. GO requires content that answers natural language queries. Instead of a post titled “Best Storage Units Dallas,” think “What should I look for in a storage unit in Dallas?” The framing must anticipate conversational queries.

Data Partnerships
Some AI systems ingest third-party databases. Partnering with aggregators or ensuring your listings feed into these systems can expand your reach. If your facility is missing from those sources, you are invisible.

Brand Authority
Large operators may see an advantage because AI often defaults to recognized brands when in doubt. Smaller operators must compensate with hyper-local authority, reviews, and unique differentiators.

The Benefits Of GO For Operators
Although it may feel disruptive, generative optimization offers self-storage operators new advantages:

  • Reduced dependency on expensive paid search – If your business is recommended directly by AI, you bypass costly bidding wars for keywords.
  • Higher quality leads – AI-generated recommendations are tailored to user intent, which often results in more qualified inquiries.
  • Opportunities for differentiation – Operators who emphasize unique features, such as eco-friendly facilities or exceptional customer service, can see those strengths amplified by AI assistants.
  • Future-proofing digital presence – SEO will not vanish overnight, but preparing for GO ensures long-term relevance in a changing digital landscape.
Why Self-Storage Is Particularly Affected
The self-storage industry is especially vulnerable to this change for several reasons:

  • High-intent, local searches – Most customers search for storage when they are ready to rent. They want convenience, location accuracy, and quick answers. AI assistants are well-positioned to deliver exactly that, bypassing traditional search listings.
  • Highly competitive keywords – Storage-related keywords have long been among the most competitive in Google Ads and organic SEO. If generative AI reduces reliance on those listings, the economics of paid search and SEO shift dramatically.
  • Fragmented industry presence – While large REITs have the scale to invest in AI-ready data strategies, many independent operators rely on traditional SEO tactics. Without adaptation, they risk disappearing from the customer journey.
  • Reviews and reputation as core signals – Generative AI systems heavily weigh customer reviews, ratings, and local authority. Operators who fail to manage their online reputation could find themselves excluded from AI-generated recommendations.
Challenges And Risks
Adopting GO is not without challenges. Operators must consider:

  • Lack of transparency – Unlike Google’s search results, which can be audited through rankings and analytics, AI-generated outputs are less predictable. Measuring success will require new tools.
  • Data accuracy issues – If AI pulls outdated or incorrect information, it could harm your brand. Active monitoring of your digital footprint is essential.
  • Potential bias toward large brands – Smaller operators may find it harder to compete if AI favors national chains. This makes local differentiation critical.
  • Ongoing costs – GO strategies require continual investment in content, data accuracy, and reputation management. It is not a one-time fix.
Practical Steps For Self-Storage Operators
Here are six actionable strategies for adopting generative optimization:

  1. Audit your digital footprint. Review your listings, reviews, and schema data. Ensure consistency across Google Business Profile, Apple Maps, Yelp, and any aggregator sites.
  2. Prioritize reputation management. Encourage happy customers to leave reviews. Respond promptly to both positive and negative feedback. AI systems reward active engagement.
  3. Shift your content strategy. Create FAQ-driven content that mirrors the way customers ask questions. Use natural language and practical advice.
  4. Leverage local authority. Highlight partnerships with community organizations, sponsorships, or local recognitions. AI systems value local signals when recommending businesses.
  5. Experiment with AI integrations. Some operators are already testing AI chatbots on their own websites. This not only improves customer experience but also provides training data for generative models.
  6. Track new analytics tools. Emerging platforms are building “Generative Analytics” to monitor how often brands appear in AI outputs. Stay informed and be ready to adopt them.
The Future Of Marketing In Self-Storage
We are moving into a post-SEO world. Traditional search will not vanish, but it will play a smaller role in customer acquisition. For self-storage, where timing and location are critical, generative optimization could be the difference between steady occupancy and lost business.
The transition from SEO to GO is not optional. It is already underway. By taking proactive steps now, operators can ensure that they are not only discoverable in the generative age but positioned as the preferred choice for customers seeking storage solutions.
Large operators will likely have an advantage due to scale, but independents can still compete by focusing on local trust, reputation, and clear differentiation. The winners in this new era will be those who embrace change early, invest in their digital infrastructure, and think beyond keywords.

Generative optimization represents the next evolution of digital marketing. For self-storage operators, the implications are clear. Customers will increasingly rely on AI assistants to find, evaluate, and select storage facilities. Being absent from those answers means being absent from the market.

The transition from SEO to GO is not optional. It is already underway. By taking proactive steps now, operators can ensure that they are not only discoverable in the generative age but positioned as the preferred choice for customers seeking storage solutions.

The future of self-storage marketing is no longer about climbing search rankings. It is about becoming the trusted answer in a world where answers, not links, are what customers seek.

Melissa Stiles is the chief marketing officer at Storage Asset Management (SAM).
12th Annual Innovation Summit
Presented by Tenant inc.
Beyond Automation: The AI Era of Self-Storage Management

A strategy briefing for independent operators focused on risk, revenue, and technology.

calendar iconFebruary 5th – 6th

location iconNewport Beach, CA

A male speaker presenting at the Tenant Inc. Innovation Summit to an audience of self-storage industry professionals.
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Operations
Authentic Connections
Do Self-Storage Facilities Need To Use Social Media?
By Gaige Byerley
S

ocial media is an intrinsic part of the internet since it became widely available and accepted by the public. It’s in our nature to share aspects of our lives with others, both online and offline. Participating in the creator economy plays an essential role in supporting successful online marketing strategies. Never before has it been easier to attract and connect with your target audience and even get them to act, yet many self-storage facilities are not active on social media despite popular platforms attracting millions of people every month.

It may seem nonsensical to market your facility on social media, because storage is inherently not as flashy and eye catching as other industries. The reality is it’s not about starting the next viral trend, creating controversial content, or entertaining the masses—it’s about connection.

Building A Brand Identity
Social media shapes how customers perceive your brand, often before they ever visit your facility. Just like a clean, professional storefront, polished and consistent online content builds trust and leaves a strong first impression.

On the flip side, sloppy posts or a lack of posts signal neglect and can push potential renters elsewhere. People often check a business’ website and social media before deciding where to store, so presenting thoughtful, authentic content shows you care about your facility and your customers.

In many cases, your social presence is the first step in building trust—don’t let it fall short.

Messaging
Social media gives you direct ways to reach your audience with updates they might not find elsewhere, like facility news, holiday hours, or new vacancies.

It’s also a great place to run flash deals or promotions, which boost engagement and provide insight into what drives rentals. Beyond updates, social platforms let you answer common questions, address misconceptions, and set clear expectations for customers.

This positions your facility as professional, knowledgeable, and committed to providing a great storage experience.

Harnessing Community
Creating a sense of community is arguably the biggest advantage to social media and for building brand loyalty. Working in self-storage, your facility must focus on the community and its members to build trust since they’ll ultimately be entrusting you to safeguard their belongings.

Social media gives you the power to bring your audience together by interacting with your page and content. You can post content that allows your audience to feel your facility understands them by speaking to them about community-specific topics with which they resonate.

Additionally, many social media platforms feature groups where people can post exclusively about one topic or category on one dedicated page. Many local communities create group pages to keep each other connected about the happenings in the community, along with business highlights and recommendations.

This is a massive opportunity to position your facility as a valuable addition to the community and build brand loyalty that larger conglomerates can’t replicate.

Social Signaling
If you have a website, then you need to know about search engine optimization (SEO) and how it can benefit your facility. Simply put, SEO is the practice of improving your website’s visibility on search engines. There are certain SEO techniques you can incorporate on your website from design, user experience, content, and on- and off-page techniques that show search engines your website is a valuable source to searchers looking for solutions relevant to their search terms.

Social media can’t directly impact your website’s search ranking, but it can help indirectly. Search engines use your social media activity as a sign to see if users generally have positive experiences with your company. If there’s a lot of positive engagement (sharing, comments, and liking content) with your social media pages, then search engines will consider this when ranking your website for different search terms.

The reality is it’s not about starting the next viral trend, creating controversial content, or entertaining the masses—it’s about connection.
Multiple Touchpoints
Let’s talk about touchpoints. A touchpoint is basically any interaction between a company and customer that can occur at any point in the customer journey. When thinking about conversion marketing and funnels, touchpoints are crucial to understand because they are the points where someone turns from a curious prospect entering the funnel to a loyal, paying customer. Social media can play a major role in offering several touchpoints for customers in various layers of the marketing funnel.

Some members of your target audience might be in the awareness stage, looking at your content for the first time as they just discovered your facility. Others might be using your social media as a way to verify website claims as they navigate the consideration stage. It can even work for the later loyalty stages where customers share reviews on your page or leave positive feedback on your content for others to read.

Tap Into Social Media
Social media can be intricate and difficult depending how deep you dive, but it doesn’t have to be! There are various opinions and theories about posting on social media. Some say any posting is better than nothing, but recalling earlier points, this can lead to a bit of a haphazard approach that can misrepresent your brand and misdirect customers. Here are some considerations to help guide your overall social media strategy to keep you on track without overwhelming yourself.
Define Your Target Audience
Before you can understand what type of content to post and where it best lives, you must know who you’re trying to reach. Defining your target audience will guide you to finding the best platforms to be active on and the type of content that resonates with that audience. Not only does this save you from aimlessly posting only to show no results, which is quite discouraging after a while, but this helps give you direction.

The biggest issue with social media is the options are endless in the directions you can go, where to post, what to post, and when. Social media is full of many choices; it can quickly become overwhelming when you don’t know the right platforms, what to post, or when the posts should go up. Having a target audience in mind sets guardrails to keep you on a better track instead of navigating in the dark.

Choosing The Right Platform
  • Facebook – This social media platform is almost a must for self-storage facilities. Facebook has some of the highest monthly traffic, caters to a wide audience type, allows for multiple types of media posting (videos, images, and even long text passages), and has Facebook Groups. Facebook Groups are a goldmine in of themselves, offering facilities a chance to directly interact with members of their community, unlike most other popular platforms.
  • Instagram – This platform is also beneficial and growing in popularity amongst older audiences, but it’s still mostly dominated by younger audiences because of its focus on high-quality visuals. Unlike Facebook, where posts can be even simple text if desired, Instagram requires images or videos to post. This offers a chance to keep spreading your digital footprint while showing off your facility to your audience.
  • Google Business Profile – Google Business Profiles (GBPs) are another must for self-storage facilities for multiple reasons, though not always perceived as a traditional social media platform. A professional looking GBP will leave prospective customers with a good first impression, helping build the trust needed to move through the marketing funnel. GBP also has a posting feature where you can regularly post content related to facility features, promotions, and other essential information a user might need answered. Being active on GBP can positively influence your website’s SEO ranking as well, and when done right, it can guide people through the buying process seamlessly!
  • TikTok – Initially, TikTok wasn’t widely recognized as a reputable source for businesses to spend their time and energy on, but the narrative has shifted as time has progressed. TikTok is a video-only platform that caters to a younger audience. This platform allows you to not only show aspects of your facility to your audience, but it can also let you tap into younger audiences who might need storage, like students, and allow you to age with them over time.
  • YouTube – Many self-storage owners might not understand the importance of being active on YouTube. It’s not necessarily to build a massive following, though this can happen; it’s more about creating better social signaling for your facility and giving your audience more insights about your facility, what you offer, and how you contribute to the local community. Walkthroughs and facility tours, for example, give key insights to interested prospects about the layout and what to expect before they arrive.
Invest In High-Quality Content
If you’re just starting to post on social media for the first time, it will likely take a while before you fully understand how to create high-quality content. Fortunately, in today’s world, it’s never been easier to create content, especially with the help of professional tools like Canva or Capcut. These tools often have templates that you can repurpose for your facility’s content without needing much prior graphic design knowledge. Additionally, to stay up with high-quality content it’s imperative to plan ahead, because nothing will kill your quality, momentum, and output faster than having to design something every day.
Being authentic is the best way to connect your facility with the local community, because they’ll recognize you speak the same language and share similar ethics and values.
AI Content Creation
In today’s world, you’re also surrounded by AI tools that can seemingly create content in a matter of seconds. It is very tempting to rely on these tools, and they should be utilized, but it’s also just as important to ensure you leave your touch.

AI can be viewed as inauthentic, so despite being a major helping hand, be sure you’re injecting a bit of yourself into the content before it goes out. AI is great for helping get started, ideation, or even rough drafts, but it should not be your sole means of content creation if you want to connect with your audience.

Track Your Performance
For those just getting started, it’s never a bad idea to get into the habit of tracking social media performance. Even just getting used to checking each platform’s analytics on a routine basis is a great way to start tracking performance.

If you want to take it a step further, then setting up spreadsheets that track goals, key performance indicators (KPIs), and other metrics across all platforms in one place can become massively beneficial later in your social media journey.

Tracking performance is essential to know what is and isn’t working within your social media strategy. After enough time, your data will start to show you how to best modify your strategy with proven insights to guide the way.

Success On Social Media
Overall, the best way to be successful on social media is being authentic and consistent. Carrying these two attributes into all your social media efforts will guide you to success, because social media marketing is a marathon. It takes a lot of consistent effort to flesh out what works and does not work for your account since there’s no one-size-fits-all approach to social media marketing.

Social media is all about being consistent, especially when first getting started, because it takes time for your content to start circulating in the algorithm. Platforms value content that has heavy engagement because it shows that users are getting a certain amount of value from it.

By focusing on being consistent, you’ll learn more about how to provide that value which is most often rooted in being authentic. Social media can be a great display for your company to present itself to the world, but if your facility doesn’t match the expectations created online, this can quickly deteriorate your overall brand presence.

Being authentic is the best way to connect your facility with the local community, because they’ll recognize you speak the same language and share similar ethics and values. Don’t wait any longer; start tapping into the power of social media today and start building your online presence to help empower your facility.

Gaige Byerley, a digital marketing associate at West Coast Self-Storage, writes engaging content on self-storage, relocation, decluttering, and everyday living.
Operations icon
operations
The Evolution Of
Self-Storage
From Tin Box Mini-Warehouses To Algorithmic Assets
The Evolution Of Self-Storage
From Tin Box Mini-Warehouses To Algorithmic Assets
By RK Kliebenstein
A collage of five polaroid-style photos showing the evolution of self-storage, from traditional outdoor units to modern climate-controlled facilities and digital management.
W

alk down a corridor of any new, multistory storage facility today—keyless entry on your phone, cameras humming, soft music in the lobby—and it’s hard to believe this industry began on the far edge of town, behind chain-link fences, with a handwritten ledger and a couple living over the office. This is the story of how self-storage moved from the margins to mainstream retail real estate, and why technology and revenue science now set the pace.

Gen 1: The “Mini-Warehouse” Era
Modern self-storage in the U.S. took recognizable shape in the late 1950s and 1960s. While historical evidence points to communal storage practices in ancient China, the modern concept, where a tenant has exclusive access to their own space, is an American innovation. Many chroniclers credit early facilities in Florida and Texas, with Lauderdale Storage in Fort Lauderdale, Fla. (1958), often cited as one of the first, followed by the A-1 “U-Store-It, U-Lock-It, U-Carry-the-Key” projects in West Texas in the 1960s.

Sites were almost never on Main and Main. The economics favored low-traffic, cheap industrial land—deep setbacks and metal rows with roll-up doors. Security was basic: chain-link fencing, a manual gate, maybe a floodlight. Many municipalities didn’t have a defined zoning use for “mini-warehouses,” and early developers often shoehorned projects into industrial districts where the use was tolerated rather than embraced.Operations followed what veterans still call the “motel model.” A husband-and-wife resident-manager team lived on site, kept the books, swept the drives, and opened and closed the gate. The office, if you could call it that, might have been a 150-square-foot vestibule, or even a corner of the managers’ living room. As the industry professionalized, it slowly moved away from resident management, but that change didn’t arrive until much later.

Technology’s first cameo was modest and improvisational. Some operators experimented with early microcomputers and serial interfaces to run rudimentary access controls; it was the era when affordable hobbyist machines like the Tandy TRS-80 (introduced in 1977) made such tinkering possible, even if the systems were crude by today’s standards. Dedicated access control vendors emerged in the late 1970s and early 1980s, paving the way for keypad gates and basic software tie-ins.

Names told the story. These properties were “mini-warehouses” or “mini storage,” and tenants brought their own locks. The lexicon evolved as the product did. Lexicographers now treat self-storage as shorthand for self-service storage, a usage widely reflected in industry literature. The Oxford English Dictionary even traces “self-storage” in print to the 19th century, long before the modern product, underscoring how language often precedes mature business models.

Gen 2: Retailization
By the 1990s and 2000s, a second generation took shape. Developers chased higher-traffic, higher-visibility corridors, and smaller (costlier) parcels demanded multistory construction. Interior corridors and elevators proliferated. The introduction and spread of climate-controlled space didn’t just broaden what could be stored; it materially elevated achievable rents, with a premium of 20 percent to 50 percent over non-climate-controlled units, especially in humid or highly seasonal markets.

“Mini-warehouse” gave way to “self-storage,” and the product became unmistakably retail: larger lobbies, merchandising walls of boxes and locks, branded moving supplies, and—importantly—software to handle reservations, billing, access, and reporting. Ancillary income matured from an afterthought to a deliberate profit center with retail packs, truck rentals, protection plans, tenant insurance, administrative fees, and more. Industry trade sources often peg total ancillary contribution in the mid-single- to low-double-digit share of revenue for well-run stores, with publicly traded REITs reporting ancillary percentages ranging from 4 percent to 12 percent in their Q3 2024 public filings, according to Tract IQ.

To win municipal acceptance, buildings became cleaner and more architecturally presentable, with better façades, glassy corners, and thoughtful landscaping—an aesthetic upgrade that turned former zoning fights into more predictable approvals. Some jurisdictions still resist storage on prime retail corners, but the overall arc bent toward acceptance as the product got “nicer” and consumer-facing.

Statutes And Industry Guardrails
As the industry scaled, state statutes codified essential rights and processes (most famously lien enforcement), helping operators manage delinquencies, notices, and sales with clarity. The Self Storage Association (SSA) became the clearinghouse for education and model language, and today publishes annotated lien-law booklets and legal resources for nearly every state.

The SSA At 50
Founded in 1975, the Self Storage Association grew from a small cohort of “mini-warehouse” owners into a national trade body with affiliated state associations across the country. Over five decades, SSA has represented operators large and small in legislative advocacy (lien laws, insurance, and the right to use online auctions instead of newspaper ads), standardized best practices through education and conferences, and created a professional home for a once-niche asset class. In 2025, the SSA celebrated its 50th anniversary—a milestone highlighted throughout its spring and fall conferences—underscoring its role in policy, networking, and industry identity.

But the most transformative shift is invisible to the casual renter: revenue management. Borrowing from airlines car rental agencies and hotels, operators use dynamic pricing rules at move-in and structured existing customer rate increases (ECRIs) to grow in-place revenue over time.
Gen 3: The Data-Driven Store
Today’s flagship properties are technology platforms wrapped in real estate. Bluetooth/NFC-enabled digital locks integrate with property-management systems, mobile apps turn the smartphone into the key, HD video and cloud DVRs blanket corridors and exteriors, and APIs tie access control, CRM, call centers, and websites into a single operating stack.

But the most transformative shift is invisible to the casual renter: revenue management. Borrowing from airlines car rental agencies and hotels, operators use dynamic pricing rules at move-in and structured existing customer rate increases (ECRIs) to grow in-place revenue over time. Done thoughtfully, dynamic pricing adjusts to occupancy bands, unit attributes, seasonality, and competitor moves; ECRIs migrate promotion-heavy move-ins toward proforma rent while preserving occupancy.

Independent studies and REIT commentary now treat algorithmic pricing as table stakes. Simply “staying full” is no longer the goal; optimizing yield per available square foot is. The industry has even debated where automation ends and customer experience begins—how aggressively to cycle rates, whether to require insurance or protection plans, and how high frequency price changes should be.

Penetration, Inventory, And The Shape Of Supply
Measuring the industry accurately requires consistent definitions (gross vs. net rentable, open vs. operating) and up-to-date sources. Publicly compiled industry snapshots indicate:

  • Facility count – Roughly 52,301 facilities operate in the United States, which is comparable to the number of fast-food restaurant locations. Many sources now see over 60,000 facilities as the current count, including those in development.
  • Square feet per capita – Methodologies vary, but the national benchmark is approximately 6.1 to 7 square feet per person. This makes the U.S. the world’s most penetrated self-storage market.
  • Usage – The SSA’s Self-Storage Demand Study puts current household utilization at 11.1 percent, meaning over 14.4 million households are actively renting at a point in time.
  • Ownership – While public REITs own a significant number of facilities, the industry remains highly fragmented, with roughly 65 percent of facilities owned by small, independent operators.

Why the variance? Different compilers count different unit types, treat pipeline and conversion space differently, and update on different cadences. For strategy, operators should align to a single definitional set when underwriting a market.

REITs, Capital Flows, And Professionalization
As the product matured, so did the capital. The 1990s and 2000s saw the ascendance of public REITs—notably Public Storage (PSA), Extra Space (EXR), CubeSmart (CUBE), and National Storage Affiliates (NSA)—and the expansion of third-party management platforms that brought institutional process discipline to acquisition and development pipelines. NAREIT recognizes storage as a distinct REIT sector. Investor decks and earnings calls now routinely discuss dynamic pricing, ECRIs, and tech adoption alongside occupancy and development yields.

For operators entering or expanding, the lesson from over 50 years is simple: Location still matters, but systems decide the winner. The first builders chased cheap land and filled a need. The modern winners measure, test, and price that need with discipline.
Importantly, professionalization wasn’t just about cheaper capital; it was about repeatable playbooks—from merchandising and insurance attach rates to digital marketing funnels, contact centers, and centralized ops. Private equity followed, funding roll-ups and merchant-developer pipelines; sophisticated revenue science made returns more modellable and operations more scalable.
Tech And Revenue Models “Govern” The Business
If Gen 1 was about occupancy, Gen 2 about visibility and product, then Gen 3 is about precision. The modern store is a data feed of web traffic, attribution, unit-mix velocity, price elasticity, churn cohorts, and ECRI acceptance curves. With dynamic pricing, owners can widen the spread between economic and physical occupancy, smoothing NOI across seasons. With smart entry and integrated PM software, they can control access at the unit level, automate move-outs, and shrink fraud. And with portfolio-level analytics, they can trade unit sizes like SKUs, tilting mix where demand is deepest.

Operators who master this stack are less vulnerable to promotional races and can often accept slightly lower occupancy to capture meaningfully higher revenue per occupied unit. That’s the “governance” piece: The model sets the course, not just the site manager’s instincts.

A Note On Global Growth
Beyond the U.S., self-storage is growing across Europe, Australasia, and parts of Asia. FEDESSA’s latest industry report (produced with CBRE) chronicles steady facility growth across the U.K. and continental Europe—still a fraction of U.S. penetration but scaling as urban living and small-format housing rise.
What Changed And What Didn’t
What changed is everything visible: from corrugated rows on cheap land to branded, glass-front buildings on arterials; from a manager couple with a ledger to centralized ops, call centers, and business intelligent (BI) dashboards; and from “stay full” to “optimize yield.” What didn’t change is the core value proposition: flexible, proximate, month-to-month space that solves life’s frictions (moving, merging, downsizing, renovating, off-site inventory, etc.).

The early pioneers proved people would pay a small, recurring fee for convenience and control. Gen 2 made that convenience respectable to cities and attractive to mainstream customers. Gen 3 made it predictable to capital.

Looking Ahead
Two threads will define the next decade:

  • Deeper integration and automation – Expect more “invisible” automation (AI-assisted pricing, LPR at gates, fraud detection in digital leasing, auto-ECRI scheduling tied to cohort performance) and lighter, greener buildings (solar, EV charging, smart lighting).
  • Sharper segmentation – Urban infill will keep funding multistory, 100 percent climate-controlled product; suburban and exurban stores will mix drive-up with climate-lite; and vehicle storage and niche amenities will be driven by micro-market demand. Ancillary income will remain a lever (insurance/protection, retail packs, premium access perks) because small percentage gains compound across stabilized portfolios.
  • Digital Facility Proof Of Concept – The jury may still be out on the efficacy of unmanned or digitally operated facilities. Recent data shows consumer preference for human assisted rentals. This is best accomplished in a staffed facility with human intervention. The business model of unstaffed properties is being tested and scrutinized. It is not until fully embraced by institutional investors that the model may be fully accepted. There is growing sentiment that fully matured and stabilized facilities in a hub-and-spoke business model may be the best candidates for digital operations.
  • Continued Consolidation – The sector has long attracted big money, from Wall Street to family offices. These behemoths will continue to grow and achieve economies of scale, pushing owner-operated facilities to be more likely found in tertiary markets, as institutional buyers pursue long avoided secondary markets to achieve acquisition optimization, maximization, and scale.

For operators entering or expanding, the lesson from over 50 years is simple: Location still matters, but systems decide the winner. The first builders chased cheap land and filled a need. The modern winners measure, test, and price that need with discipline.

With over four decades in the self-storage industry, RK Kliebenstein guides and consults developers and operators to mitigate risk and optimize ownership. Strong metric evaluation and monitoring of key performance indicators are the milestones of RK assisting owners to operational success. He can be reached at rk@askrk.com or (561) 797-2721, or visit askrk.com.
Operations icon
Operations
crane putting people holding boxes onto conveyor belt
Automation Takes Center Stage
Redefining Delinquency Management In Self-Storage
By Luke Shardlow
T

he self-storage industry is entering a new era of operational efficiency. As portfolios expand and labor markets tighten, operators are confronting an unavoidable reality: Manual collections and delinquency management processes can no longer keep pace with modern business demands. Across the country, companies large and small are finding that outdated systems (spreadsheets, ad-hoc reminders, and manager-driven timelines) are creating mounting costs, compliance risks, and lost revenue opportunities. According to the Self Storage Association’s 2024 Fact Sheet, industry occupancy remains strong, but operators are reporting rising delinquencies and extended auction timelines compared to pre-pandemic years.

Manual And Fragmented Processes
Managing delinquency by hand doesn’t just slow operations—it erodes profitability at every turn. Each day a delinquent unit sits unpaid represents revenue that can’t be recovered, and these small losses compound over time, reducing NOI across entire portfolios.

According to Inside Self-Storage’s 2024 Manager Compensation Study, operators report spending five to 15 staff hours per location per month on delinquency-related tasks such as sending notices, managing lien paperwork, and coordinating auctions. Multiplied across dozens or hundreds of facilities, that’s the equivalent workload of a dedicated back-office team focused solely on collections administration.

Meanwhile, compliance exposure continues to rise. A missed deadline or incorrect notice template can trigger legal disputes that cost far more than the delinquent rent being pursued. For multi-state operators, keeping up with these variations has become a full-time job all on its own.

Automation Shifts The Model
Modern automation platforms are reshaping how the industry approaches collections. Rather than relying on manual follow-ups and disconnected systems, these platforms centralize every step—from first notice to auction—while embedding state-specific compliance requirements directly into workflows.

As detailed in MSM’s article “Technology and the Modern Manager,” operators are increasingly turning to automation to streamline repetitive, time-sensitive tasks while empowering teams with better visibility and data.

Key advantages include:

  • Early Intervention – Real-time monitoring and automated reminders prevent small delinquencies from escalating. Operators using automated outreach report 20 percent to 30 percent fewer accounts reaching the auction stage, per StorageTreasures’s 2024 Auction Trends Report.
  • Consistent, Multichannel Communication – Tenants receive notices via their preferred channels (email, text, mail, or phone) to ensure timely, documented contact.
  • Built-In Compliance – Automated templates adapt to each state’s lien sale laws, minimizing legal risk and removing guesswork.
  • Scalability and Predictability – Standardized workflows enable accurate forecasting of cash flow, auction timelines, and resource allocation.
  • Data-Driven Insights – By capturing every event in the delinquency cycle, automation turns collections into a measurable, optimizable process rather than a reactive chore.
For operators finalizing 2026 budgets, the decision is clear. The era of manual delinquency management is ending. The winners of the next decade will be those who invest now in systems that make collections predictable, compliant, and scalable.
Quantifying The ROI
For operators evaluating automation in 2026 budgets, the results are hard to ignore. Based on Ai Lean platform analytics from 2024, operators who fully automate collections see:

  • Labor savings of at least $8,000 to $10,000 per facility per year,
  • 50 percent reduction in outstanding tenant debt within the first 12 months,
  • 80 percent to 95 percent drop in 90-day delinquencies within 90 to120 days, and
  • 500-plus staff hours recaptured monthly for every 100 locations.

In addition to measurable financial gains, automation improves operational predictability, reduces staff burnout, and ensures every facility remains compliant without requiring additional headcount.

Evaluating The Right Solution
As more vendors enter the space, not all automation tools are created equal. Industry experts recommend focusing on platforms that deliver:

  • End-to-End Workflow Coverage – From initial collections to auction close-out
  • Verified Legal Compliance – Maintained by experts and updated as laws change
  • Integration With PMS/FMS Systems – Ensuring data accuracy and eliminating manual imports
  • Comprehensive Reporting Dashboards – Enabling teams to track recovery rates, time to auction, and compliance performance
  • Dedicated Industry Support – Providers who understand storage operations, not just software

As Forbes Technology Council noted in its 2024 article “Why Automation is the Next Wave in Property Operations,” automation in property operations isn’t just about replacing labor—it’s about building infrastructure that scales efficiently while improving accuracy and oversight.

A Strategic Imperative For 2026
The professionalization of self-storage continues at a rapid pace.

Portfolio operators, private-equity investors, and REITs are all demanding greater operational efficiency and compliance consistency. In that environment, automation isn’t a luxury—it’s essential infrastructure!

As one industry executive summarized in the previously mentioned MSM article, “The facilities that master automation aren’t just saving time—they’re building resilience. They can scale faster, stay compliant, and protect their margins when conditions change.”

For operators finalizing 2026 budgets, the decision is clear. The era of manual delinquency management is ending. The winners of the next decade will be those who invest now in systems that make collections predictable, compliant, and scalable.

Luke Shardlow is CEO of Ai Lean, driving innovation in automated lien management for self-storage. With 20-plus years of leadership experience, he’s held senior roles at eBay, Staples, and Fabric, and is an active angel investor. His background spans SaaS, e-commerce, and AI-powered operations.
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TPP Sets You Free.
Does your current tenant insurance/tenant protection provider…
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Allow you to earn more as you sell more?
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Change coverage month-to-month at their discretion?
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Refuse coverage for Acts of God?
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Hide your claims data with no 24/7 access?
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Skip monthly claims reporting?
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Fail to offer automated or API-based enrollment?
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Still relying on manual reporting and remittance?
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Support and training designed to increase revenue
If you answered YES to even one of these… your provider isn’t protecting you. It’s time for a change.
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women in self-storage
Shannon James
Shannon James
Lead Human Resources Business Partner at Storable
By Alejandra Zilak
S

hannon James is the lead human resources business partner at Storable, but her job title is only the tip of the iceberg. She lives a beautiful life with a loving family and a job she enjoys. She loves to read. She loves to travel. She loves being a leader and helping others pave their way. As this month’s feature for the “Women In Self-Storage” column, she’s happy to share her story to show readers that everyone gets sea legs when starting a new job and that confidence comes from getting things done.

“To this day, it’s been the best career decision I’ve ever made. Our culture revolves around building trust and practicing radical candor, which are invaluable lifelong skills. It has really provided me with the runway to grow and develop.”

—Shannon James
A Beautiful Beginning
James was born and raised in North Carolina, where she has lived her entire life. “I absolutely love it here!” she says. “We get all four seasons—fall is my favorite—and we’re lucky to have both the mountains and the beach. It truly is the best of both worlds. You can enjoy the energy of the city, then drive 30 minutes away in any direction and escape into peace and quiet.” Going further back, her story starts like a movie from the Hallmark channel. Six-week-old James was adopted by parents who were ready for their baby around the holidays. “They love to tell the story of arriving at the foster home to find me lying under a Christmas tree,” she says. “To this day, that account still warms my heart.”

Since her mom traveled for work and took her along, she was fortunate to travel often while growing up. “She believed travel was just as educational as school,” says James. “She even sent me to Europe for a few weeks one summer, sparking my lifelong love of travel—something I’ve passed on to my daughters, Elizabeth and Emma.”

She didn’t play sports, but she loved watching them, especially college football and women’s basketball. Her hobby was baton twirling, and she still picks one up now and then. She can still twirl two batons at once and still dreams of trying fire batons one day.

Close-up portrait of an elderly man in a maroon shirt and a younger woman with long brown hair smiling together indoors.
Shannon James and her father
A smiling family of five posing together outdoors in front of lush green trees, featuring Shannon James and her family members.
Shannon James and her family
Degrees And Drive
After high school, James enrolled at NC State. “I loved every moment there,” she says. James then attended graduate school at Campbell University to become a counselor. However, her time there was short-lived. “I took a temp job in human resources at IBM, and I fell in love with it immediately.” Since Campbell University doesn’t offer an HR degree, she transferred to NC state to obtain an M.A. in human resources. Her thesis focused on mothers in the workplace, a theme that was very close to her heart. “During grad school, I worked full-time, got married, bought a house, and had my first child,” says James.

She graduated in 2002 and went to work at IBM, where she worked primarily in university recruiting, hiring college seniors into full-time roles. “It was fast-paced, deadline-driven, and full of energy—exactly the kind of environment I thrive in.” That experience shaped her work style and instilled what she calls her “hurry up” driver. “I still love the adrenaline of getting things done.”

Her next chapter took her to the temporary services department at her alma mater, NC State. She loved the role because it allowed her to connect the department with talented individuals seeking opportunities. “Many came from diverse backgrounds, including refugees and those transitioning from homelessness,” she recalls. “Watching people secure full-time roles with benefits and build new lives was incredibly fulfilling.”

Snorkeler exploring a shallow coral reef system with clear visibility, showcasing marine life and underwater adventure.
Shannon James scuba diving in Negril, Jamaica
Switch To Storage
In 2018, a recruiting firm reached out to her to tell her about an open role at Storable. “I wasn’t sure at first because I loved my job at NC State,” says James, “but at the same time, I also felt like I’d reached a plateau in my career. Growth is important to me. I always want something to work towards.”

She approached the opportunity with an open mind, and within minutes of meeting Storable’s chief people officer, she knew it would be the right move for her. “To this day, it’s been the best career decision I’ve ever made. Our culture revolves around building trust and practicing radical candor, which are invaluable lifelong skills. It has really provided me with the runway to grow and develop.”

“As an HR business partner and as a leader of Women of Storable, I’ve learned to be comfortable in my own skin and use my story to help others grow.”

—Shannon James
She started as HR manager. During the pandemic, she was promoted to senior human resources business partner, a role she had until 2024; today she is the lead HR business partner. While she still very much enjoys her roles in human resources, she also loves the fact that she gets to do so within the storage industry. “I love the grassroots nature of the industry and the opportunities it creates, especially for smaller operators. It serves communities in every economic climate, and the people are passionate, authentic, and down to earth.”

She also loves attending trade shows and meeting customers face to face. “It reminds me why I do what I do. They truly care about their businesses and the people they serve.”

Three women smiling for a photo with a large red and gray NC State university mascot in a home setting.
Shannon James with her two daughters
A smiling couple in sunglasses posing by a historic Wyoming welcome sign featuring a mountain and lake landscape background.
Shannon James with her husband
Secrets To Sucess
When asked for words of wisdom for women who are starting their careers within this industry, she pipes up enthusiastically. “You’re in the right place! This industry has an incredible support system, and your perspective is needed.” She points out that female consumerism is powerful, that representation matters, and that seeing women lead in this space is inspiring for both employees and customers.

She goes on to highlight the importance of finding one’s voice. “That has been a lifelong journey for me,” she says. “I’ve had to learn when to temper my need to please others and when to stand firm.”

James also talks about the very relatable sensation of feeling out of her element. “Early on at Storable, impostor syndrome hit hard. Everyone around me was brilliant and tech-savvy, and I remember being completely thrown off by the term ‘deck.’ I had no idea it just meant a PowerPoint presentation! But through time, support, and effort, I grew into confidence.”

Finally, she acknowledges that being in a leadership role requires making difficult decisions. “Just like parenting, you can’t always give people what they want, but you can guide them with honesty.”

Legacies And Life
Despite having established a fulfilling career, James is most proud about the legacy she’s building for her daughters and the women around her. “Both of my daughters work in male-dominated industries: one as an auto body mechanic and the other in the poultry industry. They are strong, brave, and unafraid to speak up much earlier in life than I was.”

Then there’s her work at Storable. “As an HR business partner and as a leader of Women of Storable, I’ve learned to be comfortable in my own skin and use my story to help others grow.”

When not working, James is rediscovering her love of reading. True to her commitment to growth, she starts her mornings with professional books. “I’m in a book club at work, and we’re currently reading Brené Brown’s ‘Strong Ground.’” At night, she winds down with thrillers.

She’s been happily married for 28 years to her high school sweetheart and fellow foodie. “Last year, we set a New Year’s resolution to visit a new restaurant each month in 2025. Some have become instant favorites. Others, not so much, but it’s still been fun!” They also love to travel together. “Traveling is always on my radar. This year, we’re going on a European river cruise to visit the Christmas markets, and we have a New Year’s cruise to the Caribbean.”

Last but not least, she has a bulldog named Lola, a cat named Luna, and a grand-dog named Pugsley. She’s immensely proud of her daughters and stays close to her 90-year-old dad. “He remains my greatest teacher,” says James. “He taught me lessons I still live by: never burn bridges, work hard, go the extra mile, never say ‘that’s not my job,’ and always know a little about a lot so you can connect with anyone. And even when you know more, sometimes the kindest thing you can do is let someone else have their moment.”

Alejandra Zilak studied journalism, went to law school, and now writes for a living. She also loves dogs.
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who’s who in self-storage
Craig Conway
Craig Conway
Group Managing Director at Janus International Europe
By Alejandra Zilak
C

raig Conway has a fulfilling life. He also has a heart full of gratitude for many things: growing up in a loving family, having a beautiful life with his wife and kids, and his very successful career trajectory, which has led him to become group managing director at Janus International Europe, a subsidiary of Janus International Group, Inc.

His title is impressive, especially because he works for one of the self-storage industry’s leading manufacturers and solutions providers. How Conway ended up there is the result of a lot of hard work and determination, but he always kept his eyes on the prize. “I’d work harder than the person to my right and to my left, making sure that if extra hours were ever needed, I was the one working them.” His main goal was to set the foundation for his family, so that they could have a good life.

Three professionals in high-visibility safety vests reviewing architectural plans or site blueprints on a warehouse floor.
Craig Conway with co-workers at the Poland manufacturing plant in 2023.
Childhood To Marriage
Conway was born and raised in a northeast England town called Billingham. His parents are Peter and Ann Conway, a carpenter and a stay-at-home mom who had her hands full with four children: Craig, Sean, Peter, and Paul.

He met his wife, Samantha, when he was still a kid. “We went to nursery, primary, and secondary school together. We got together, went to prom, and we’ve hit it off since then. And now we are married and have five lovely kids: Bobby, Bailey, Bear, Birdie, and Bella,” he says. “During that time, we couldn’t afford a big wedding. But there was a radio competition with a grand prize of a £25,000 wedding [$32,864.88 U.S.].”

“I’m very much a people person, and one of the most rewarding parts of my role is building strong relationships with our self-storage customers and partners.”

—Craig Conway
They made it to the final round, where the last five couples had to raise money for Cash for Kids, which offers grants to young people living in poverty or facing an illness or neglect. The couple that raised the most money would win the competition.

The Conways did several social events to raise funds, including the pièce de résistance: naked bungee jumping. “Our friends were throwing in ideas, and someone suggested bungee jumping, and that they’d pay if I’d do it naked,” he says through laughter. “Everyone paid so I would do it. Charity is close to my heart, and if you have to make yourself look silly to support a good cause, so be it.”

He and his wife won by raising more than £16,000 [$21,012.48 U.S.], turning their stunt into an unforgettable story.

Education And Employment
When Conway graduated secondary school, he participated in a work experience program. “I started working with an engineer because he gave me that first opportunity.” But as it tends to happen with people first getting their footing, he dabbled in other jobs. “The engineer also asked me if I wanted to wash cars in a garage,” he recalls, “and as payment, he’d give me car parts and I’d sell them.”

Conway then enrolled at Teesside University in Middlesbrough to study mechanical engineering; he worked in the nuclear power industry after graduating. “I ended up becoming the production director and head of engineering at Cowie Technology,” he says. “I had a stake in the organization, and I was there for about nine years.”

During his tenure, Conway opened facilities in the United States, Austria, and several European countries, including Germany.

Then, as previously happened, Conway once again decided that he wanted to learn about something else, so he started working at Newcastle Safety Glass, designing ballistic (bullet-resistant) glass for trains, planes, and automobiles.

This job entailed a lot of traveling, and when his wife expressed that she’d like him to be closer to home, he was OK with the idea of a career shift. At this point, Conway wanted to build and lead an organization defined by technology and forward thinking.

Keynote speaker presenting on a large stage featuring 'Noke Ion' and 'Janus' branding, with an audience seated in a theater-style auditorium.
Craig Conway speaking at FEDESSA show
Joining Janus
In 2020, Conway was invited to consider a position at Janus International Europe. Its culture of innovation resonated with his own professional philosophy. “I started out as a production director, then as international production director,” he says. “I automated several key manufacturing processes and helped open the Australian site and a new manufacturing location in Poland.”

He then switched departments to take on the position of director of Janus International Europe’s Nokē Smart Entry division. The Nokē Smart Entry system is a digital access control and business management solution. Using a smartphone, tenants can access gates, loading bays, elevators, and individual units, thus eliminating the need for traditional keys or PIN codes. The solution is also invaluable for operators, since its web portal offers data analytics and integrations with property management software systems to enable automated online rentals and move-ins. “We achieved remarkable growth, increasing system sales by 100 percent year on year and supporting self-storage operators in developing automated, future-proof operations,” says Conway.

“Scope the market out. Get acquainted with the fabulous people in the sector. Make sure that you listen more than you talk and absorb all of their experience before making your own foundation or roadmap.”

—Craig Conway
Keynote speaker in a grey blazer addressing the audience at a Janus International Europe sponsored 3-course dinner and entertainment event.
Craig Conway at 2025 SSA UK
A large group of professional staff standing under a 'Partner with Europe's Leading Full-Service Provider' sign at a self-storage industry convention.
Janus team at 2025 FEDESSA
When the former group managing director for Janus in the U.K., Europe, and Australasia announced his retirement, the company asked Conway to step into the role. It was the opportunity he had long aspired to attain. “I began in October 2024, and it’s been an incredible experience. I’m very much a people person, and one of the most rewarding parts of my role is building strong relationships with our self-storage customers and partners.”

Conway credits his personal mentors for his success within Janus. Specifically, Ramey Jackson (CEO), Morgan Hodges, and Alan Campbell in the parent company Janus International Group. “They’re all really gracious, fantastic people, and I have the utmost respect for them. If these guys don’t know, it’s not worth knowing,” he says. “I’m so thankful for the trust they’ve placed in me.”

As for his wife wanting her husband to stay close to home, eventually she became OK with him getting back on the road. “I’m very lucky,” he says about having an understanding spouse and a position he truly enjoys. “I’ve been very fortunate to have a job that has taken me to so many places.”

Conway regularly travels to meet Janus teams, partners, and customers—three to four times a year in Australia and every other week across Europe—emphasizing that sustained success comes from being present.

Professional Reflections
When asked about the proudest moments of his career, he doesn’t hesitate to say, “Achieving the role of group managing director at Janus International Europe was a milestone I had always worked towards.” Conway notes that he was determined to wait for the right business before taking on such a role. Moreover, he’s extremely happy to be in the storage industry.

“Everyone’s always willing to help,” he says. “No one wants you to fail. The key part is that people are always willing to guide and steer you.”

And the people are precisely what Conway appreciates the most. “It’s not the product or the service. It’s the people. Our self-storage customers and partners are all entrepreneurs—driven, bright, intelligent people. They’re great individuals who are willing to share their experiences.”

He shares his own advice with novices getting started in the industry. “Scope the market out. Get acquainted with the fabulous people in the sector. Make sure that you listen more than you talk and absorb all of their experience before making your own foundation or roadmap.”

Cracking Good Times
When he’s not working, Conway likes to go to the gym and read. “I love all types of literature,” he says. “I love using my brain and thinking about technology and how to apply it in business.”

He also enjoys watching football, specifically Middlesbrough Football Club. Staying true to his childhood roots, he also loves “playing football with the lads.” He’s very fond of his little corner of the world. “The Lake District in the U.K. is my special place for relaxation.”

Because he’s very English, he enjoys a good Sunday roast. “Sunday roast isn’t a roast without Yorkshire pudding,” he says with a laugh. “I look forward to it every week. My wife does a mega Sunday roast!”

Alejandra Zilak studied journalism, went to law school, and now writes for a living. She also loves dogs.
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Data
Storage Stats
2025 YTD Self-Storage Buyer Composition
Self-Storage Average Cost PSF
Self-Storage Average Cap Rate
Top 10 Third-Party Management Companies by Stores
Under Construction Supply by Percentage of Existing Inventory
Sources: 1 – Real Capital 2 – Real Capital 3 – Real Capital 4 – Messenger 5 – Yardi Matrix
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Data
Crime Crackdown
MSM Survey Reveals Fewer Incidents, Increased Security Measures
By Brad Hadfield
D

espite widespread adoption of modern security tools such as smart locks and access control systems, AI-enabled monitoring, high-security doors, drones, and even robots, crime remains a persistent issue for the self-storage sector. But are things slowly getting better? According to a recent MSM survey, operators are beginning to see fewer crimes, and they’re definitely taking security seriously.

Our survey of over 100 self-storage operators, conducted in September 2025, was broken out across urban, suburban, and rural markets. We also conducted the same survey in September 2024 with a similar breakdown.

See Distribution of Facility Locations chart.

Distribution of Facility Locations chart
How Has Crime Been At Your Facility Over The Last Year?
Most operators—roughly 43 percent in both 2024 and 2025—said crime at their facilities has remained consistent. While that could indicate stability, it also leaves room for interpretation, as “consistent” may reflect anything from persistently low crime to persistently recurring crime.Among those reporting changes, fewer operators saw increases in crime year over year. The share citing that crime had somewhat or significantly increased fell from 37 percent in 2024 to 32 percent in 2025. Meanwhile, reports of improvement rose; 25 percent said crime had decreased significantly or somewhat in 2025, up from 21 percent the year before.

The results were nearly identical when looking at the two-year trend, again with most operators continuing to describe their situation as stable, fewer reporting worsening conditions, and slightly more seeing things get better.

Taken together, the data points to a slow but steady improvement in operators’ confidence that when it comes to crime, their facilities are either holding steady or witnessing a decline.

See How Has Crime Been At Your Facility Over The Last Year chart.

How Has Crime Been At Your Facility Over The Last Year chart
How Concerned Are You About Crime In Your Markets?
While operators’ concerns about crime remained largely unchanged between 2024 and 2025, with those who described themselves as “extremely concerned” holding steady at roughly 54 percent, there may be a heightened sense of awareness in the other categories. The portion of respondents saying crime was “not a concern” slipped from 8.9 percent to 7.4 percent, while those calling it “somewhat of a concern” increased from 36.7 percent to 38.9 percent.

That suggests some operators moved from the “not at all concerned” camp into the “somewhat concerned” middle ground, showing more recognition that crime remains an industry-wide factor worth watching, even as reported incidents appear to be stabilizing or declining.

How Concerned Are You About Crime In These Markets?
Concern levels differ sharply by market type. Urban operators remain the most worried: Nearly 19 percent described themselves as extremely concerned and another 12 percent fell into the “somewhat concerned” category. That means roughly one in three urban respondents view crime as a persistent issue in their markets.

See How Concerned Are You About Crime In Your Markets chart.

How Concerned Are You About Crime In Your Markets chart
In suburban areas, sentiment shifts toward the middle ground. About 26 percent said they’re “somewhat concerned”—the largest concentration in any category—while only 6.5 percent described themselves as “extremely concerned.” This suggests suburban operators see crime as a manageable factor rather than a daily threat.

See How Concerned About Crime Are You In The Following Markets chart.

How Concerned About Crime Are You In The Following Markets chart
Rural operators remain the least concerned overall, though they’re not entirely carefree. Only 5 percent say they are “extremely concerned,” but 15 percent still fell into the “somewhat concerned” range, showing that even low-density markets aren’t completely immune to security worries.
Crime Gives Self-Storage A Bad Reputation
Does crime give self-storage a bad rap? Operators responded overwhelmingly yes, even more so than just one year ago. In the most recent survey, nearly nine in 10 respondents (89 percent) agreed that crime contributes to a negative public image for the sector—up from 82 percent the previous year.

See Crime Gives Self-Storage A Bad Reputation chart.

Crime Gives Self-Storage A Bad Reputation chart
At the same time, undecided responses dipped from 13 percent to 11 percent, and the share of operators who said crime does not damage the industry’s reputation fell to zero. That’s great news, showing across the board that everyone is treating crime seriously. It suggests that even if crime is easing, they see it as an image problem that affects how customers, investors, and communities view the sector, and now they’re doing something about it.
As concern about crime’s impact on the industry’s reputation has grown, operators appear to be investing more heavily in security. In 2025, every measure tracked increased in adoption compared to the previous year.
Operators Respond To Crime With Stronger Security Measures
As concern about crime’s impact on the industry’s reputation has grown, operators appear to be investing more heavily in security. In 2025, every measure tracked increased in adoption compared to the previous year.

Nearly all facilities in the survey (approximately 99 percent) now use surveillance cameras, up slightly from 97 percent in 2024, reinforcing that visual deterrence remains the most popular form of security. Other significant gains were reported in digital access control systems (up 5.6 percent), security alarms (up 4.3 percent), and smart locks (up 8 percent), showing operators are open to more tech-driven solutions. Even modest increases in unit alarms (up 3 percent) and high-security doors (up 2 percent) show that operators are getting serious about security. With no respondents dismissing crime as a reputation issue, they appear to be taking a more proactive stance.

See What Security Measures Have You Employed To Combat Theft chart.

What Security Measures Have You Employed To Combat Theft chart
For this last question, we also offered respondents the opportunity to write in some security measures they employ. Here’s a rundown of responses:

  • Bright lighting and nighttime illumination are among the most universally implemented deterrents and motion-activated lighting is cited more often in 2025 as a supplement to fixed lighting.
  • On-site manager or staff presence remains popular for lock checks and property walks. A handful of respondents mentioned having resident managers who patrol the grounds day and night.
  • Disc and cylinder locks are the dominant standard recommended to tenants and used by operators.
  • Regular lock checks and property walks multiple times per day remain standard practice for many operators.
  • Improved fencing and locked gates after hours remain widely implemented physical barriers. One operator said bluntly, “Electric fencing. ‘Nuff said.”
  • Professional security patrols during nighttime/closed hours gained mentions in 2025.
  • Limited access hours with staff present instead of 24/7 access is frequently emphasized as a crime-prevention policy. “24-hour access is silly,” one operator wrote.
  • Remote or software-based monitoring appears more often in 2025 responses as tech-forward solutions.

Finally, a few operators disclosed that they would take security matters into their own hands if necessary—an approach that MSM doesn’t advise. “Fear is a deterrent,” wrote one respondent. “I have a sign that reads ‘Thieves: You’d Better Call The Sheriff, Because I’m Not.” Another wrote, “There’s always an armed guard on site—me.”

Crime Challenges
Has crime truly eased a bit? It’s difficult to say. Reliable self-storage crime data is hard to come by, as incidents are typically combined with other property crimes in national reporting. However, self-storage remains an appealing target due to “the hotel rule.” Justin Insalaco, a retired police officer and Atlas One Law Enforcement Network advisor, explained this to MSM: If a burglar hits 20 units at one facility, it’s often treated as a single burglary, whereas targeting multiple properties could lead to multiple charges. He adds that non-violent theft is rarely prioritized in court, often resulting in a “catch and release” cycle for offenders.
“Don’t just push small break-ins to the side and tell tenants to file with insurance. Put your PI hat on and get to work. Every break-in counts. Communicate with nearby companies, as I guarantee they’re experiencing the same thing, often from the same thief.”

—Taylor Pierce
In our 2024 story on combatting crime, Taylor Pierce, executive director for Great Oaks Capital Partners, LLC, offered advice to any operator. “Don’t just push small break-ins to the side and tell tenants to file with insurance. Put your PI hat on and get to work. Every break-in counts. Communicate with nearby companies, as I guarantee they’re experiencing the same thing, often from the same thief.”

To increase awareness and transparency, MSM has launched the Storage Blotter, a continuously updated log on its website that tracks crimes, fires, and other incidents at self-storage facilities across the country. Each entry includes key available details, such as the incident date, location, facility, individuals/vehicles involved, and the outcome. Each incident links to the original source or an MSM news story. Storage Blotter is fully searchable by those same details, allowing owners, operators, and managers to monitor trends and activity in their area, including unsolved cases. The MSM Storage Blotter is live at www.modernstoragemedia.com/blotter.

In conclusion, the surveys indicate a shift in operator attitudes toward crime. In 2024, it seemed like there was a more reactive mindset. Today, it feels more proactive, with more scheduled patrols, defined access hours, surveillance systems, and other tech-based solutions. And again, not one respondent said crime didn’t impact the industry’s reputation, meaning that crime prevention is not just good for business, it’s also brand protection.

Stay safe and be vigilant!

Brad Hadfield is MSM’s lead writer and website manager.
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At PTI Security Systems, our commitment to quality and passion for innovation drives the development of advanced security solutions to help operators scale with confidence. From smart technology to fully integrated systems, our solutions provide greater security, insights, and control across any facility.
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Cover Story
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Claim To
Fame
A Close-Up On Cameron Barsanti
By Alejandra Zilak
Cameron Barsanti
Smiling man in a suit standing in a field before a mountain with a "STORAGE" sign in the style of the Hollywood sign.
Cameron Barsanti
Claim To
Fame
A Close-Up On Cameron Barsanti
By Alejandra Zilak
C

ameron Barsanti is a self-storage investor. He’s also a public speaker and the owner of StorageLife, a company that provides mentorship and coaching to others wanting to invest in self-storage and/or scale their current storage portfolio. But there is more behind the scenes. He also owns and operates multiple self-storage facilities in eight states and the U.S. territory Guam.

“We live in a time where we have access to unlimited resources and information. If we can take advantage of our opportunities and utilize books, podcasts, mentorships, and other educational platforms, we literally can accomplish anything.”

—Cameron Barsanti
Before delving into the many successes of his professional life, it’s crucial to tell the whole story. Barsanti wasn’t born with a silver spoon, nor did he start his career within a network of people in high places. “Once upon a time, I was a broke, unemployed actor who was writing screenplays and collecting unemployment and knew nothing about real estate,” he says as he begins his narrative.

Yet, within a span of merely five years, he managed to purchase more than $80 million in storage properties. The leap was autodidact. “We live in a time where we have access to unlimited resources and information,” he says. “If we can take advantage of our opportunities and utilize books, podcasts, mentorships, and other educational platforms, we literally can accomplish anything.”

It’s the kind of rags-to-riches story that inspires anyone who hears about it. It also describes what everyone in the self-storage industry knows so well: You can’t judge a book by its cover. Self-storage may seem boring from the outside, but it’s a lucrative endeavor.

Silver Screen Dreams
Barsanti was born in 1979 in Albuquerque, N.M. The family then moved to a small town in Colorado called Pagosa Springs. “I played almost every sport,” he says. “Swimming, wrestling, triathlons, football, snowboarding, and soccer.” He was also interested in music, art, and acting, but his parents encouraged sports above everything else.

By the time he turned 18, Barsanti was burned out from all the athletic activities and wanted to try something different, so he moved to Hollywood to pursue an acting career. “I had never acted, but had always loved entertainment, TV, and movies, and felt like I could do it because of my work ethic, discipline, and passion for inspiring others.”

He began taking acting classes and was quickly picked up by a reputable talent agent. It didn’t take long for him to book acting gigs. “At 19, I suddenly had massive opportunities to actually work as an actor,” he says. “I had well-known professionals take me under their wing, including celebrity acting coaches and some of the biggest casting directors in the business.”

These opportunities slowly dissipated because, frankly, he wasn’t ready for them. “I was immature,” says Barsanti. “I was wild; I also started to dabble with drugs and alcohol and quickly became swept up by Hollywood debauchery.” As he tells the story, it becomes clear that those memories are intertwined with conflict but not necessarily regret. “During that time, I was extremely frustrated and disappointed that I wasn’t able to straighten out, and that I was taking this once-in-a-lifetime opportunity for granted.”

Unfortunately, that level of self-reflection wasn’t enough to get clean and focus on his career. “I spent 10 years of my life living like that,” Barsanti says, “and I lost many opportunities.”

A man in a grey "STORAGE LIFE" t-shirt standing with hands clasped in front of a blank whiteboard at a presentation.
Cameron Barsanti
He continued living in the fast lane until he met his now-wife, Cristina. “I then tried to reboot my career,” says Barsanti. But in three years, he was only booked for a handful of TV, movie, and commercial credits. “The opportunities I once had were no longer there, despite having further developed crucial skills like discipline, collaboration, leadership, and relationship building with people from all walks of life.”

Taking matters into his own hands, Barsanti began to produce his own feature film. “I was 35, and it took two years to shoot,” he says. “This was while my wife was pregnant with our first kid, too, so there was a lot on the line.”

Once the film was finished, he hoped that the money would roll in. However, it was a flop.

Figuring Things Out
The movie failing was a massive blow. “Cristina had lent us $100,000 to fund it,” Barsanti says. “It was her entire life savings, and we had lost it in the film, and it wasn’t coming back. Times were rough.”

The couple was living off her county job, sporadic unemployment checks, and a few residual checks from his TV and film credits. The family was not making an ideal living from their joint incomes, and by this point, they had two young boys: a toddler and an infant.

During this challenging time, his wife started listening to real estate podcasts. Within a month, she told him to drop everything because she had learned they could start investing without really having any money. “She learned about wholesaling real estate and leveraging debt to buy property we otherwise wouldn’t be able to afford. Like an obedient, broke husband, I nodded my head and said yes.”

To appease his wife and his guilty conscience, Barsanti started attending real estate investing (REI) meetups and listening to podcasts about the subject. They even hired a coach to walk them through the process of creating wealth this way. “After learning the basics, I sprang into action,” he says. “Massive action. I started hunting for off-market deals like my life depended on it—because it did. My desperation met a new, big opportunity, and this time I wasn’t going to take it for granted.”

“I learned the importance of finding deals yourself and not relying on just brokers and wholesalers. In storage, especially, your ability to find opportunity is the lifeline of your career … In the course of the next four and a half years, we leveraged debt, partners, and mentors to purchase $66 million in self-storage.”

—Cameron Barsanti
He paid $300 for an online course on how to pull lists of off-market properties. “I then went crazy, cold calling owners 40 hours a week while binge listening to podcasts. We had zero savings in the bank, so we pulled $90,000 out of our house and bought an off-market triplex.” But why take a small piece of the pie when you can have so much more? “I then found an 11-unit apartment building, so we scraped together $33,000 from Cristina’s 401(k) and bought it with two other partners.” Through his cold calls to owners of multifamily properties, he found a bank-owned self-storage facility. “The rest is history.”
Self-Storage Saves The Day
It may be history, but we still want to know what happened next. “I learned the importance of finding deals yourself and not relying on just brokers and wholesalers,” says Barsanti. “In storage, especially, your ability to find opportunity is the lifeline of your career.”
Six people posing for a group photo in front of a "STORAGE LIFE" branded backdrop at an event.
The StorageLife team
He goes on to say, “In the course of the next four and a half years, we leveraged debt, partners, and mentors to purchase $66 million in self-storage.” During this time, the couple also started a wholesaling company that assigned contracts of single-family homes to house flippers. This is when Cristina started reaping the benefits of investing her life savings and her 401(k) into her husband’s dreams. “I retired my wife within a year and a half,” he says proudly. “I even paid her back from the movie debt.” By the time he was 44, he had become a millionaire.

He’s very well aware of his fortune. He’s also cognizant of the fact that it’s been a thorough team effort. “I’ve had the help and guidance from the best partner anyone could ever have: my wife.”

Today, his wealth consists of 12 facilities in eight different states and the U.S. Territory of Guam. “We’ve sold seven, and did extraordinarily well on those sales, to the tune of multimillion dollars in profits.” They currently have over 15 employees running their portfolio.

Sharing The Wealth
The American dream is all about financial freedom. While this concept has different meanings depending on whom you ask, it does have a common denominator: having the peace of mind that comes from knowing that all of your financial needs are met—housing, food, entertainment, retirement, and expendable income for additional investments, dreams, and trips.

Although the Barsantis have achieved that, and they could easily fly off into the sunset to enjoy early retirement, at the end of 2022 he decided to launch his coaching and mentorship program called StorageLife. Presently, they have about 40 students across the country, and StorageLife is guiding them to find, fund, and operate storage nationwide. “Our community is one of the most successful in the industry,” he says. “We don’t just teach you how to understand and invest in self-storage. We hold you accountable and help you take action. We do it with you.”

In fact, they’ve helped more than 30 students close deals and they’ve partnered with over a dozen, actively helping families replace their income by leveraging debt and investing in cash flowing assets that appreciate over time. “Through investing in self-storage, we are helping people reach true financial freedom.”

A smiling family of four posing together in front of orange self-storage unit doors.
Cameron Barsanti and his family
The North Star of what has made StorageLife so successful is that they actually get their students to take action. “Most investors get wrapped up in the details and suffer from analysis paralysis,” he says. “We help people not only understand the game but the importance of becoming a deal hunter. We find opportunity by building out a deal funnel, a system which allows students to target off-market opportunities.” This unique approach has helped StorageLife provide investors who are stuck with insights and a tangible roadmap that allows them to move the needle forward.

They’ve also created an elaborate course that assists students with everything: real estate fundamentals, finding storage, conducting due diligence, speaking with sellers, negotiating techniques, creative finance structures, underwriting, facility takeover procedures, and operational instruction. “Most people don’t have an education problem,” says Barsanti; “they have an implementation problem.”

There’s something else that separates the wheat from the chaff. “One of the reasons that our community is so successful is because of mindset,” he says. “I speak about this on stages now, to inspire others who want to invest in storage. Committing to these types of investments is intimidating, and people often let their self-doubt keep them from taking action. But if I want to be a successful coach, I have to help them believe in themselves and that they can do it. This is such a significant aspect of the success of the StorageLife community.”

Their students consist of people from all walks of life: entrepreneurs, real estate developers, doctors, surgeons, lawyers, house flippers, teachers, government employees, firemen. “You name it. We teach them.”

All the couple’s income streams (real estate, coaching, public speaking, and partnerships) have enabled them to build a truly fulfilling life. “I work from home. I see my boys almost every day of their lives. Cristina works a few hours a day, max.” They can work from anywhere in the world, and they take Fridays off to go to yoga classes and have lunch together. “We can travel wherever we want, whenever we want. We are, in fact, living the dream; and now we get to help others do the same.”

When he’s not working, Barsanti loves spending time with his family in Corrales, N.M. His two rambunctious boys keep him and his wife on their toes. He also loves to surf and snowboard, so he’s always planning trips to do so as often as possible.

Looking back at his entire trajectory, it would be easy to decide that maybe luck had a lot to do with it, but upon closer inspection, Barsanti’s story is testament to what happens when you turn wishful thinking into reality. Everyone wants to create wealth and build a dream life. Many talk about it ad infinitum, but few actually take action.

“I was already 40 when I started learning about this industry, and look how much my life has changed for the better in just five years … Surround yourself with those who are successful at what you want to be successful at and your dreams will become a reality.”

—Cameron Barsanti
“What I’d like people to take away from my story is the power of persistence. Don’t let past failures stop you from taking more risks.” Moreover, he stresses the importance of being open minded and willing to leap into the unknown. “When Cristina first mentioned real estate to me as a way to make money, I was willing to listen and learn. Even though it hadn’t even been on my radar before, it became a newfound passion.”

From that passion came additional lessons about the importance of self-education, the strength of partnerships, and knowing that it’s never too late to accomplish something great. “I was already 40 when I started learning about this industry,” he says, “and look how much my life has changed for the better in just five years.”

Barsanti wants people to be aware that it’s entirely possible to find opportunities even amid desperation. “In fact, that desperation can serve as fuel for success,” he adds. He was at rock bottom, but against all odds, he built a real estate empire. Then, after he did, he turned around to help others do the same.

For anyone looking to achieve a dream, regardless of industry, his philosophy is simple: “Surround yourself with those who are successful at what you want to be successful at and your dreams will become a reality.”

Man standing in a field making a heart shape with his hands in front of a long building with "STORAGE" painted in red.
Cameron Barsanti
Alejandra Zilak studied journalism, went to law school, and now writes for a living. She also loves dogs.
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Feature
2026 Self-Storage

Outlook
Ten Industry Leaders Sound Off
By Brad Hadfield
David Cramer
David Cramer
CEO, National Storage Affiliates
Sarah Beth DeFazio
Sarah Beth DeFazio
Vice President of Sales & Development, Universal Storage Management
Korey Hanson
Korey Hanson
President, Third Party Management, SmartStop
Shawn Hill
Shawn Hill
Principal and Founding Member, The BSC Group, LLC
Melissa Huff
Melissa Huff
Co-Founder, Lighthouse Storage Solutions
Joe Margolis
Joe Margolis
CEO, Extra Space Storage
Tommy Nguyen
Tommy Nguyen
President, StoragePug
Alyssa Parker
Alyssa Parker
Senior Vice President of Real Estate, William Warren Group
Maurice Pogoda
Maurice Pogoda
President and Founder, National Storage Management
Noah Starr
Noah Starr
President, TractIQ
David Cramer
David Cramer
CEO, National Storage Affiliates
Sarah Beth DeFazio
Sarah Beth DeFazio
Vice President of Sales & Development, Universal Storage Management
Korey Hanson
Korey Hanson
President, Third Party Management, SmartStop
Shawn Hill
Shawn Hill
Principal and Founding Member, The BSC Group, LLC
Melissa Huff
Melissa Huff
Co-Founder, Lighthouse Storage Solutions
Joe Margolis
Joe Margolis
CEO, Extra Space Storage
Tommy Nguyen
Tommy Nguyen
President, StoragePug
Alyssa Parker
Alyssa Parker
Senior Vice President of Real Estate, William Warren Group
Maurice Pogoda
Maurice Pogoda
President and Founder, National Storage Management
Noah Starr
Noah Starr
President, TractIQ
R

ising tides lift all ships, but in 2025 it was Warren Buffett’s addendum to that which mattered most: “It’s only when the tide goes out that you see who’s been swimming naked.” Last year revealed a number of economic truths and industry vulnerabilities, as assumptions that once worked began to show cracks. The question now is whether those stress points ease in 2026, or if the industry will face more headwinds. MSM’s panel of 10 industry experts weigh in on what you can expect in the new year and beyond. (Interviews were held Oct. 25 to Nov. 20, 2025.)

Housing mobility drives self-storage, but mortgage rates have curbed a lot of that. Do you predict improvement?
MARGOLIS: Housing won’t fully recover in one week, month, or quarter. It’s a knob, not a light switch; I think it slowly gets better. The housing market’s effect on storage is also overstated. We survey our tenants on why they use storage; seasonally adjusted, 55 to 58 percent cite “moving today,” down from a 61 to 63 percent peak in 2021. So, moving/housing demand is softer, but not the sole explanation or fix for current performance. Supply matters more; as development slows, that’s a real tailwind.

CRAMER: More rate cuts should lead to a lower mortgage rate and in turn more storage demand; however, several markets have been overbuilt, and it’ll take time to work through the excess supply. Atlanta, Phoenix, Las Vegas, and the West Coast of Florida are good examples where we don’t need any new building, but clearly several developers haven’t gotten the memo.

HANSON: The lack of mobility amongst homeowners has affected us significantly, and Fed rate cuts haven’t significantly improved self-storage rentals. We feel self-storage demand is down 18 to 22 percent the last few years. However, I’m optimistic that by Q3 2026 we’ll be in a better place; the housing market will improve and be more affordable. Even if it doesn’t, people that have been wanting to move and have been waiting for lower interest rates aren’t going to wait any longer.

Will 2026 be better for development?
HILL: 2026 should be more liquid from a debt perspective, and the cost of borrowing for construction is coming down from the high-water mark over the past couple of years, which will help make deals pencil. That said, it’s critical that developers use realistic inputs regarding rents, market occupancies, and lease-up times. Plus, many input costs remain elevated, so a lot of projects may still be difficult to justify for the foreseeable future.

CRAMER: I think cost pressures, extended lease-up time frames, market rental rates, and occupancy levels, combined with lender selectivity, will persist in 2026. However, the bigger issue is that there’s an elevated amount of recent developments that need to be absorbed before we get back to market equilibrium. That alone should give developers pause.

MARGOLIS: Self-storage is hyper-local, so there may be “holes in the donut” where developing a new facility makes sense, but overall, we don’t believe it’s an opportune time to develop. Along with oversupply, development headwinds are significant: Higher rates make debt more costly, equity is harder to raise and wants higher returns, entitlement periods are longer and more uncertain, construction costs remain elevated, tariffs could add more pressure, and immigration policy could lift labor costs. Another key factor: When public companies guide to essentially flat 2025 revenue growth, it’s tough to model 5 percent annual revenue growth in a development proforma.

“Housing won’t fully recover in one week, month, or quarter. It’s a knob, not a light switch; I think it slowly gets better. The housing market’s effect on storage is also overstated.”

—Joe Margolis
PARKER: Online rates, which most would argue is a reflection of demand, do not support new developments in most parts of the country. Physical occupancy and economic occupancy lease-ups are taking longer and will continue to until new supply is absorbed and stabilizes. Barring a significant macro shift, I anticipate many projects to remain on hold.
Should those sitting on properties hold or sell to try to recoup some of their investment?
HILL: It’s definitely situational and deal specific. Development is very submarket driven, so some deals that did not make sense a few years ago could look a lot different now if the fundamentals in the market have recovered. Existing inventory is a different story; any time an investor is faced with a capital event, like a loan maturity or an equity partner’s exit, it is a natural moment to take census of the investment. Oftentimes we suggest our clients explore both sale and refinance options to make an informed decision.

PARKER: If you’re already sitting with existing facilities, I would stay put. The larger gap between lower online asking rates and in-place rates has made it harder than ever to project future value or upside. If owners can hold off until storage demand improves and rent strength increases, property values will likely increase. In the meantime, if owners aren’t already using institutional management, now is the time; having operational data and economies of scale can dramatically improve NOI.

NGUYEN: I think secondary and tertiary markets have a lot of potential. You’ve got these small markets emerging outside main cities where it’s too expensive to buy or housing supply is too low. They’re going to need infrastructure, including storage. Investing in these markets can be rewarding if that’s in your DNA.

How do we combat oversupply?
DEFAZIO: Too often developers target “hot” markets without doing their due diligence. The solution is simple but often overlooked: Get a true feasibility study. We see countless people who either skip this step or think they’re getting one, when in reality they’re only receiving a market summary. There’s a big difference. I also think that too often, investors from other industries try to handle due diligence on their own without understanding the unique dynamics of self-storage. Building a facility today is more expensive than many realize, and successful revenue management requires precision and experience.

POGODA: One of the biggest contributors to oversupply is the Excel spreadsheet. Developers can make those numbers say anything they want. Need a 25 percent IRR? You got it. Need to fill up in 15 months? Done. Now, if you’re really in the industry, you know that’s a joke. But for those determined to build, the numbers don’t seem to matter. At $130 per square foot, unless they’re getting great rental rates in a truly underserved market, they’re sucking wind for a long time. I’d like to think oversupply will stop when people miss projections and lose their property, but it appears there is always someone who believes “If you build it, they will come.”

HILL: As rates come down, debt becomes more affordable, and developers will be motivated to do what they do–develop. Even if we’re shouting from the rooftops, “Don’t overbuild,” they still will if the yields pencil. So, the risk for the industry is managing the pipeline sustainably. More precise market data regarding achieved rents and occupancies could help temper the rosy assumptions developers use in their models and help curb some borderline projects.

PARKER: Data sharing is definitely the long-term solution. More transparency into facility-level data like occupancy, attrition, and effective rates would allow developers to make more informed decisions. However, they should conduct their own market due diligence rather than relying on the free revenue and expense projections provided by REITs that want to sell their management services. Partnering with an honest, transparent operator can save developers from making huge mistakes.

STARR: While letting the market know about projects you’re working on is helpful, you also need to be sharing your existing facility information. Meaning, if an area has a low square foot per capita, but your occupancy went from 90 to 75 percent last year and your in-place rents dropped by 15 percent, share that. By doing so, developers can see that even if peripheral metrics indicate opportunity, actual metrics don’t. It staves off competition you don’t want and saves others from building where they shouldn’t. I predict we’re going to take a major leap forward in data transparency, truly understanding occupancies and achieved rents so better investment decisions can be made.

Will developers driving new supply drop out as their projects fail to lease up or turn a profit?
CRAMER: We’re seeing many exit and sell projects earlier than planned because they are not hitting their proformas. We think many of these developers will move on to other property types.
“I believe the biggest long-term risk is pissing off half the customer base by misleading them on pricing. You can’t mess with people’s money. We could go from 12 percent of Americans using storage to six percent.”

—Noah Starr
HANSON: Some may drop out, but I also think others will be forced out. Through our broker network, we’re still seeing C of O deals hit the market. I’ve also seen more foreclosures this year than in my entire 20-plus-year career. A lot of these facilities have struggled to meet their debt-service ratios due to soft rental rates and the operational headwinds. Banks are taking them back and bringing in professional management companies like us to stabilize and lease them up so they can be sold.

DEFAZIO: More new owners whose projects haven’t performed as expected have reached out for guidance or complete third-party management. Some of these inexperienced developers will eventually leave the industry, but many can recover with proper support and education. We also expect a wave of facilities coming to market soon, as some owners purchased with minimal capital and now feel the impact of rising interest rates and tighter margins. A good audit may uncover hidden revenue opportunities and operational inefficiencies.

Do you think the threat of rent control bills will shift pricing strategies away from ECRIs?
PARKER: ECRIs have been shown to improve revenue, so I think some form of them is here to stay for now. I also don’t see a return to more transparent/conventional pricing anytime soon, unless that change comes from the top—the largest REITs. However, to avoid further legislation, I think we’ll see improved customer communication, along with various rental options. That said, as storage demand strengthens, we’ll probably see online asking rates increase.

STARR: ECRIs worked for a period, with achieved rates staying level despite declining street rates, but then it fell apart. One REIT hasn’t maintained achieved rates in the last two years but still uses this strategy; in our opinion, it’s misleading customers, confusing other operators, and hurting investors who don’t know which rate to underwrite. That said, we track about 72,000 facilities, and independents far outnumber REITs—about 46,000 to 26,000. So, while there’s opportunity for more transparency amongst independents, when people think storage, they think of the major players. The reputational damage they can cause, along with others who follow their playbook, compromises the whole industry. I believe the biggest long-term risk is pissing off half the customer base by misleading them on pricing. You can’t mess with people’s money. We could go from 12 percent of Americans using storage to six percent.

POGODA: I agree; aggressive ECRIs are a black eye for the industry, whether it’s a REIT or a smaller operator following their lead. Too often, any disclaimer winds up in the fine print, and a lot of renters are in distress and aren’t reading that. They just think they’re getting a great deal. That old bait and switch doesn’t feel right to us; we don’t do that.

NGUYEN: Low prices attract customers, so initial discounts make sense in theory. Unfortunately, operators haven’t been great about outlining disclaimers. So, I think legislation/regulation will continue focusing on transparency. My hope is that the industry gets better at communicating what tenants can expect rate-wise, so the government doesn’t step in and cap our potential. Transparency is also a great marketing tool; promotions like a 12-month rate lock at a higher move-in rate is a smart play and a trust builder.

MARGOLIS: California’s SB709 started as price control but morphed into a bill requiring certain disclosures, and we support that. Our disclosures were already strong; now they’re specified down to font and color. Our web customers want and respond to an initially discounted rate, and we’ll offer customers what they want as long as it’s fully disclosed that it may change upon notice.

What is your response to municipalities that put moratoriums on self-storage development?
DEFAZIO: It seems like some municipalities are genuinely trying to prevent oversupply, while others simply don’t understand the industry and its economic benefits. If you feel your community is unfairly targeting self-storage, get involved. Join your state association, contact legislative representatives, and speak before city councils. Be prepared to provide decision-makers with accurate information on demand, traffic impacts, tax contributions, and community benefits. That can make a tremendous difference.

POGODA: I don’t believe moratoriums are ever in response to existing supply. When city leaders say no, it’s out of sheer prejudice against our property type; they don’t think storage belongs on their main streets. But today’s facilities are as nice as anything, and they meet a very real need. Of course, mixed use is always an option, and you’re more likely to get approval with this strategy, but managing those spaces can be a pain in the butt.

CRAMER: I think it can be helpful to limit the amount of overbuilding, but in general we are not in favor of increased regulation.

Do you expect self-storage consolidation to continue?
HANSON: I think consolidation will continue, and SmartStop and Argus are a prime example. Scale brings more resources—improved operations, more access to technology, and better performance overall. Of course, this can make it more difficult for smaller companies to compete, but it also pushes them to up their game.
“When city leaders say no, it’s out of sheer prejudice against our property type; they don’t think storage belongs on their main streets. But today’s facilities are as nice as anything, and they meet a very real need.”

—Maurice Pogoda
MARGOLIS: There has been tremendous consolidation already, and more ahead. Roughly 10 years ago, about 13 percent of stores flew an institutional brand; today it’s around 39 percent. Large operators have structural advantages in data, technology, and scale. It’s almost an unfair fight. Public portfolios tend to run in the low-90s occupancy; many private operators sit in the low-80s. That’s one reason our third-party platform has grown: We added 174 managed stores net in the first two quarters and now manage over 1,700, mostly for one to three store owners who want our sophisticated platform benefits.

CRAMER: Self-storage is a highly fragmented sector, and I think the public REITs and a handful of large private operators will continue to drive consolidation. There are meaningful benefits from scale, and at NSA, we think we have an advantage as a consolidator in many of our secondary markets, where we are the dominant player, and through our extensive industry relationships. The opportunities ahead for growth are very attractive. The risk is that the acquisition market gets too overheated, and sellers get too unrealistic about pricing.

NGUYEN: Secondary and especially tertiary markets will likely always be heavily independent. If you’re a REIT, you have to ask: How much can we make on this particular asset, and what value does it bring us relative to the work involved? There’s a point of diminishing returns with smaller assets if you operate like those big companies. But others with the desire and operational mindset? They can make money in those markets.

How do you expect the growth of AI to impact self-storage?
PARKER: AI is already having a meaningful impact on our industry [in] how we operate and price facilities and how we adjust rates based on demand, competition, and market signals, which reduces reliance on discounting. We’re also developing an in-house predictive revenue model that uses demographic and trade-area data to estimate stabilized effective rent. Looking forward, I expect continued growth in these areas and companies that adopt these tools will have a clear operational and pricing advantage.

HUFF: In general, larger operators have always had an advantage over independents. AI is going to help level the playing field as independent operators grow in their understanding of AI and adopt the tools it offers.

HILL: From a financial perspective, if there is an “AI bubble,” as some analysts suspect, it could be the impetus for a major market correction akin to the housing bubble, which would most certainly impact the capital markets. A meaningful market correction will impact liquidity in the markets as lenders and investors move to the sidelines.

What do you think the outlook is like for self-storage managers in today’s environment?
POGODA: Labor is a challenge, and I don’t think employee expectations align with employer expectations as much as they used to. What managers once did versus what managers do now are not the same. There are just not as many “professional managers” as there used to be; instead, people come and go.

NGUYEN: Data suggests that, on average, manned facilities generate more revenue than unmanned facilities, even with caveats like size differences. For managers reading this, it’s not all doom and gloom. Treat it as an opportunity: Embrace the tech, run your facility at a high level, and make it impossible to replace you with a kiosk. There will always be a place for skilled, passionate, customer-focused people in self-storage.

HUFF: Managers are absolutely still effective, and the need for good people will never go away—their roles may just look different. When the self-checkout was first introduced, we thought that all cashiers were going to be unemployed, but there are still staff working the checkout lines; their role is simply different. The effective manager will learn how to grow with the technology instead of fighting against it.

HANSON: I get calls all the time from potential new clients that want to run their facilities unmanned, especially in boat and RV storage. Payroll is typically the second-largest expense on a P&L behind property taxes, so cutting staff is a go-to move versus, say, cutting advertising, which helps generate leads. But there are alternatives. Instead of “unmanned,” we coined the term “low-manned,” reducing payroll but not eliminating it, and augmenting the human touch with technology.

Do you expect the trend of unmanned facilities to continue?
HUFF: Yes and no. I think we’ve turned a corner from the COVID “touchless” era and realize there is a strong need for human touch. While unmanned facilities will continue to be developed with great success, there is a new focus that we are seeing that centers around the customer and a human service aspect, even if this includes or relies heavily on technology.
“Data suggests that, on average, manned facilities generate more revenue than unmanned facilities, even with caveats like size differences. For managers reading this, it’s not all doom and gloom. Treat it as an opportunity …”

—Tommy Nguyen
CRAMER: We will always focus on meeting the customer in the way they want to be served. As we study the data, we may adjust store hours depending on our research and what shopping patterns tell us. This may lead to reduced store hours, being closed on certain days, or a completely unmanned store. However, the customer experience will remain a focus and dictate how we serve them.

DEFAZIO: The key is understanding your market, community, and tenant expectations, because unmanned simply doesn’t work everywhere. Now, when it’s done correctly, with robust technology and security, a strong website, solid management software, tenant insurance options, and in-person maintenance checks, it can absolutely work. But even then, I rarely see the same level of revenue management precision or occupancy performance as a staffed facility.

MARGOLIS: Storage is a high-margin business; revenue matters more than expenses. If you cut payroll 15 percent and lose one lease a month, you’re roughly -2.5 percent NOI at our average rate. We let customers transact any way they want: call center, fully online, or in person. A little over 30 percent of our tenants still walk in without interacting digitally. If no one’s there, and they don’t use QR codes or kiosks, they might go across the street. We test part time, reduced hours, and hub and spoke, but there’s no one-size-fits-all [solution]. A big Manhattan site will always be staffed; an annex in a smaller market may run with fewer hours.

How do we combat self-storage crime and protect the industry’s reputation?
NGUYEN: No matter what, you need visual deterrents like good lighting, cameras, access control, signage; you do not want a public perception that your property is just an unwatched building full of treasure. Whether you solve that with a manager on site, tech, or a combination, the goal is to make it clear someone is paying attention.

MARGOLIS: Physical security is important, and technology can also help, with after-hours monitoring systems like Blue Eye. We even tried the cone-style patrol robot; tenants disliked it, so we stopped. That said, human presence still matters; unmanned or reduced-hours sites see more incidents.

HUFF: Security is one of the coolest ways that AI is making a difference in our industry. The technology that is used in camera systems today, that can detect and alert us to unwanted behavior, is going to continue to grow in popularity. The best way to combat our industry’s bad reputation is to address it head on. Take an active role in prevention on your property and communicate those intentions with your tenants and community. A sleepy property is an easy target. Be alert and don’t be afraid to talk about the measures you are implementing to thwart crime.

STARR: Combatting crime starts with smarter underwriting. Investors don’t think about how crime impacts repairs, maintenance, professional fees, on-site staff, cameras, security costs, and the like. If you’re buying in a high-crime area, you should budget for more security: Nokē doors, automated alarms, higher reserves. Most people underwrite every property the same way, but they need to adjust upwards of 30 percent to properly address crime; TractIQ has a total crime index showing which states, counties, etc. have the highest rates to help with these matters.

Do you expect the wave of institutional capital coming to self-storage to continue?
HILL: I do; the performance of the product type is stellar, and that’s attractive to both lenders and investors. Unless that changes in a meaningful way, more capital will be looking for exposure to this CRE asset class on a relative basis.

HANSON: The capital is going to keep flowing into self-storage, and while that’s a vote of confidence in the industry, it definitely narrows the buyer pool. I hear from people constantly who say, “I’ve been trying to buy a facility for years but keep getting outbid by institutional groups or REITs.” They just can’t compete on price against that level of institutional money.

MARGOLIS: You see many sovereign wealth funds, PE firms, and investment banks at the storage conferences now. If that wave continues, it affects pricing. Despite interest rates moving up several hundred basis points, cap rates haven’t moved as much because demand for the asset class remains strong.

CRAMER: Self-storage has become more of a core property type and will continue to attract institutional capital given the attractive return profile of the sector at lower levels of risk versus other property types. I think this will support valuations over time. Separately, this also benefits larger players who can partner with that capital looking to enter or grow in the sector.

POGODA: A lot of capital coming in is fair weather money, like the stock market—when things are great, everybody’s in; when things go south, they’re out. It’s also hard to deploy big chunks of money into the sector. A large investment firm may want to invest $500 million in storage … that’s probably 50 properties, and it’s not easy to buy 50 properties. So, consolidation will continue, but as a shifting round robin, with different players and the same properties changing hands.

That’s A Wrap
Thanks to our 2026 panel for their time and insight! What do you think 2026 will bring? Email brad@modernstoragemedia.com and we may feature readers’ thoughts in an online exclusive. Here’s a final thought from Pogoda: “Everything is a cycle, and we’ve been in a downturn for a while. I’m optimistic that good times are ahead.” Cheers to that!
Brad Hadfield is MSM’s lead writer and web manager.
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Development
Bora Brazil!
Self-Storage Scores In Latin America
By Brad Hadfield
SmartStorage Bom Retiro
B

razil is known for its vibrant culture, futebol (soccer) fanatics, and an Amazon that grows trees instead of boxes. It was never really known for self-storage, but that’s changing. Now, facilities are beginning to dot the landscape, becoming one of the country’s fastest-growing commercial real estate sectors. A slowdown isn’t in sight, with new projects in the pipeline as entrepreneurs, developers, and international capital pile in. One of the sector’s newest players making a name for itself is SmartStorage, a company with lean operations and a sharp strategy that reflects where the market is headed. To understand their path to success, however, it helps to look at the pioneers who set the stage.

“Self-storage is a flourishing asset class in Brazil. The market opportunity is tremendous, underpinned by limited supply, demographic trends, and economic growth.”

—Allan Paiotti
Brazil Begins
GuardeAqui opened Brazil’s first self-storage facility in 2006. At the time, the concept was foreign to most Brazilians, but the company began reeling in tenants, hinting at a shifting relationship between urban living, space, and consumer habits. By 2013, the company was operating five sites. “Self-storage is a flourishing asset class in Brazil,” then-President Allan Paiotti told MSM. “The market opportunity is tremendous, underpinned by limited supply, demographic trends, and economic growth.”

Also in 2013, GoodStorage entered the arena under real estate executive Thiago Cordeiro’s watch (he remains CEO and is now president of the Brazilian Self Storage Association, ASBRASS). The company expanded aggressively, eventually becoming Brazil’s largest operator and acquiring GuardeAqui in 2024, though both brands continue to operate independently.

Para Guardar also set up shop that year in Manaus, but it did things a little differently by converting an empty warehouse into a Class-A facility. It was an approach that would later become standard practice for many operators. “I chose self-storage because it combines the excitement of retail with the stability of real estate,” said founder José Benchimol.

Guarda Brasil
Guarda Brasil
Guarda Brasil boxes of donations
Guarda Brasil collects and stores disaster relief donations.
Show Stopper
The late David Blum of BMSGRP Self Storage Consulting had been keenly watching the growth in Brazil while helping facilitate entry for some clients. He could see the timing was right to put on a show. With that, he co-hosted Expo 13, Latin America’s first self-storage event, in São Paulo. The buzz was loud, as developers, investors, and suppliers were anxious to understand this still burgeoning business model. Blum courted major sponsors to signal the event’s legitimacy, securing Janus International, PTI Security Systems, and others.

“More countries around the world are picking up on this trend, and nowhere is that more evident than in Latin America,” Blum told MSM in 2013. Despite his confidence, Brazilian consumers still needed a little convincing. But Blum didn’t rely on billboards, which can be hard to lease due to strict regulations; instead, he hired “storage ambassadors” to walk São Paulo’s busiest streets, handing out mini-CDs explaining the concept.

His son Eric, who’s picked up the mantle at BMSGRP, reflects on those early days. “Dad recognized that traditional advertising was going to be difficult, and it really wasn’t a good outlet to explain the concept of self-storage anyhow,” he says. “Handing out those CDs was guerilla marketing at its finest!”

A Wave Of Capital
By 2014, the industry had enough traction to interest international investors. Metro Storage LLC, based in the U.S., launched MetroFit in São Paulo. The facility stood on Marginal Highway, one of the busiest arteries in the country, marking a turning point for visibility. Two years later, Goldman Sachs invested in MetroFit through a joint venture with Grupo TRX. Despite this, Brazil still had just 150 facilities serving 200 million people—an enormous gap between supply and demand. “Self-storage meets various needs in the market,” said Hans Scholl, MetroFit’s CEO. “In unpredictable cities, it’s a fast, practical solution.”
“We’re witnessing a reorganization of urban space. Self-storage has moved beyond a niche market to become part of the urban infrastructure.”

—Thiago Cordeiro
That same year, Guarda Brasil emerged. The company later made headlines in 2024 during catastrophic flooding in Rio Grande do Sul, when CEO Judson Shannon opened company sites to nonprofits and relief groups at no charge. “We have big spaces, and we are offering them to donation centers that are at capacity to support the movement,” said Shannon. For many keeping an eye on the industry, it was potentially the moment storage was viewed not only as a business but as a valuable community resource.

“We’re witnessing a reorganization of urban space,” Cordeiro recently told Valor International. “Self-storage has moved beyond a niche market to become part of the urban infrastructure.”

The rise of e-commerce has added fuel. Mercado Livre, the region’s dominant online retailer, has enabled thousands of small businesses to flourish without traditional warehouses. Many of those sellers rely on self-storage for inventory, logistics, and flexibility. Urban growth, unpredictable real estate cycles, and rising land costs have all converged to create an ideal environment for the industry’s next stage.

Skyline of Sao Paulo, Brazil
Skyline of Sao Paulo, Brazil
SmartStorage Starts
Enter André Kovesi, founder of SmartStorage, which was just recognized by Revista Exame, a prominent Latin American publication, as the 38th fastest growing company in Brazil. “I’m not even a self-storage veteran,” says a humble Kovesi. “That makes this honor even more rewarding.”

Kovesi’s roots are in the technology industry. In the late 1980s he built a thriving hardware company that is still going strong today, but by 2001, he was looking at opportunities in real estate, dabbling in them passively. “Years later, after researching investment opportunities, I found self-storage offered higher yields and less volatility than other asset classes,” says Kovesi.

Kovesi signed up for a Self Storage Congress event and met Francisco Canuto, an industry vet who’d worked on GuardeAqui. “Canuto’s operational knowledge was a key factor in SmartStorage’s success and growth,” says Kovesi. “I initially approached to ask him to be a consultant, and he’s now the co-founder with a CEO role, giving him real skin in the game.”

The duo opened the first SmartStorage facility during the height of the COVID pandemic. It was deemed risky, but it paid off as demand for storage spiked globally. Since then, SmartStorage has grown to nine facilities with stabilized occupancies north of 90 percent, well above the national average of 80 percent.

But SmartStorage’s edge isn’t just timing—it’s efficiency. The company operates with only 12 employees, relying heavily on digital onboarding and mobile access technology. Tenants can move in, access their units, and manage their accounts entirely through an app.

Kovesi also created a proprietary referral dashboard, building an ecosystem of partners who use it to send their clients storage options. “Individuals receive 15 percent of the first year’s revenue from each renter they refer, while agencies can split commissions. It gives us a bit of an edge over competitors who depend on expensive digital ads.”

SmartStorage has also struck partnerships with multifamily property owners and short-term rental platforms, embedding referral links in their apps and websites. The result is a growing network of partners incentivized to send tenants their way.

SmartStorage's André Kovesi, Daniela Camargo, and Francisco Canuto
SmartStorage’s André Kovesi, Daniela Camargo, and Francisco Canuto
The late David Blum of BMSGRP Self Storage Consulting
The late David Blum of BMSGRP Self Storage Consulting
A Franchising Focus
Franchising is a cornerstone of SmartStorage’s growth plan. “It’s a very popular business model here,” Kovesi says. “There are so many of these properties sitting empty, and we’re able to give them new life.”

The company has already appointed a head of expansion to formalize its franchise structure and aims to become one of the top three operators in Brazil within five years. Because SmartStorage doesn’t build from scratch, preferring to repurpose 20- to 30-year-old industrial buildings, franchisees receive healthier margins.

“This strategy also cuts capital costs, speeds time to market, and lowers environmental impact,” says Kovesi. “These cost advantages let us offer more favorable royalty terms and scale without massive debt.”

The Road Ahead
Today, there are 595 operations representing over 20.7 million square feet of gross leasable space. Institutional investors are circling, urban space is shrinking, and consumer demand is surging. For operators like SmartStorage, the next five years will likely bring domestic competitors and international giants. But Kovesi believes technology, partnerships, and adaptive reuse will keep the company ahead. “We built this to scale,” he says. “We’re not just following the market—we want to shape it.”

Brazil’s self-storage story began with a handful of facilities and a box of mini-CDs. Two decades later, it has grown into a multimillion-dollar industry, with SmartStorage and its industry peers racing to define its future.

Brad Hadfield is MSM’s lead writer and web manager.
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Development
Portrait of Hardy Good, smiling while wearing round glasses, a pink shirt, and a brown checkered blazer. He stands in front of a large nautical wall map.

Hardy Good

Helen Ng, wearing a blue lace dress, holds a red and white sign for "The Store House" (in English and Chinese) while standing in a self-storage facility hallway with red unit doors.

Helen Ng

A Tale Of Two Trailblazers
Launching Self-Storage In Hong Kong
By Brad Hadfield
K

nown as a vertical city, where land is scarce and the only way to go is up, Hong Kong holds millions of untold stories. Hardy Good and Helen Ng may be just two of them, but their impact has reshaped the commercial real estate sector and the way Hongkongers live. Good is the American pioneer who helped launch Hong Kong’s self-storage industry; Ng is the Asian trailblazer who broke barriers to build a successful, female-led enterprise.

“She’s a powerhouse,” Good says of Ng when her name comes up. Ng is equally complimentary when his name is mentioned in a separate interview. “Hardy was an original, and he saw an opportunity that others missed.”

Though their paths occasionally crossed in the early days—after all, they were both starting businesses in an industry that was just getting started itself—each has a unique story set within “The Pearl of the Orient.”

Good Goes East
Good began his career as a menswear buyer and merchandiser in Ohio, but a series of unexpected turns brought him into the emerging U.S. self-storage industry, where he is now considered one of its founding fathers. He formed MiniCo in 1974, and it quickly became a broad-canopied enterprise, with branches stretching into facility development, insurance, publishing, and product distribution. One of those products was padlocks manufactured in mainland China. On each trip, he flew through Hong Kong and noticed a glaring gap. “There was a marketplace of seven million people and no self-storage,” he says. “I thought we could be very successful there, so we did market research for over a year to confirm my suspicion.

The findings were favorable, and MiniCo went to work establishing MiniCo Asia, Ltd. But progress was slow, with short-term leases making it difficult to secure property. “Without a long-term option, we felt it was better to own,” Good says. “We searched for over a year, and everything suitable wasn’t affordable, and vice versa.”

After 18 months, Good was ready to abandon the project. Then came a turning point. “On the very last day, on the very last Realtor tour, we came to a dead stop in traffic. I looked up out the window at this building and said, ‘Well, what about that place?’”

It was the Crocodile Building, a landmark on the Hong Kong horizon. Nothing was for sale, but they negotiated a two-year lease with an option to renew. “We decided we could work with that, testing the idea by renting since we couldn’t buy anyhow.”

MiniCo Asia leased one floor, filled it within a year, then leased another and another. Eventually, the company occupied 50,000 square feet before the building was sold and torn down. “Knowing we had to move, we got serious, bought our first owned facility on Hong Kong Island, and expanded from there,” Good says with a grin. “It took some courage, ignorance, and a few million dollars.”

Within two years, copycats flooded the market, but MiniCo Asia remained on top, even taking home GoHome real estate’s “Best Storage award” in 2013. On the heels of that win, the company was approached by global investment firm Blackstone. “They told us they wanted to be Asia’s dominant self-storage operator, and they wanted us because we were leading the way.” It was a tough, year-long negotiation, and Good credits Hong Kong COO Marilyn Leslie for seeing it through, along with the late Ched Yu, who served as the company’s “guide, advisor, and friend.”

“There was a marketplace of seven million people and no self-storage. I thought we could be very successful there, so we did market research for over a year to confirm my suspicion.”

—Hardy Good
When Good sold MiniCo and MiniCo Asia, he kept the corporate entity (changing the name to New Empire Ventures and becoming its sole shareholder and chairman), but everything else went with it: properties, goodwill, logo, and name. “And let me tell you,” Good says, wagging a finger, “that name had a lot of goodwill in Hong Kong. In Chinese, it’s Mei Lei Cheong … you’ll have to get Helen to tell you the full translation.”
Helen Ng and a large group of staff pose behind an office table, holding "The Store House," "Lock + Store," and "HKDR" signs. Several people hold small stuffed dogs, and a red brand sign hangs on the wall behind them.
Helen Ng and The Store House support the Hong Kong Dog Rescue
Ng In The House
Ng smiles when asked. “Mei (美) means beautiful, Lei (利) means convenience, and Cheong (倉) means warehouse. It’s the perfect name for a self-storage company.”

As the eldest daughter of a taxi driver and a homemaker, Ng collected beer bottles for pocket money, but never considered herself disadvantaged until a professor told her to “buck up” because she was in the bottom five percent of Singapore’s socioeconomic strata.

“I told myself I’d prove him wrong,” she says.

She did. Today, Ng is chairwoman of the Self Storage Association Asia and Singapore’s first female self-storage CEO at General Storage Company, which operates Lock+Store in Singapore and Malaysia and The Store House in Hong Kong. The latter was incorporated in 1999, opening its first site in 2002. “We were among the originals with Hong Kong Storage and SC Storage. Then came StoreFriendly, Apple, Cube, and more recently Redbox,” says Ng, adding that self-storage in Hong Kong began with individuals familiar with the industry, like Good, or those who discovered it overseas, like SC Storage’s Kevin Shee, who imported the concept from Canada. And although penetration is under one percent, Hong Kong remains one of Asia’s more mature markets after Japan.

Exterior of a multi-story building featuring a large purple wrap-around banner for MiniCo Self-Storage in English and Chinese. Below the signage, pedestrians walk past street-level storefronts, including East Star Stationery Co. Ltd.
Exterior of MiniCo Self-Storage building
Large, multi-story industrial building in Hong Kong featuring multiple air conditioning units on its facade and several colorful business banners, including a red and white sign for "The Store House Self-Storage" on the lower level.

Exterior of The Store House building

Roughly 20 percent of The Store House’s customers are businesses, mostly small enterprises with offices barely large enough for a desk and chair. The rest are residential users driven by extreme population density and micro-apartments. Typical living space for a middle-income household with two adults is under 400 square feet, around 500 with children. “I’d been to colleagues’ apartments and would see platforms built to hold storage beneath the living space or overhead, anywhere they could put it,” says Ng. “Now, everyone I know in Hong Kong has a unit or even two. It’s an extension of their living space.”
“Now, everyone I know in Hong Kong has a unit or even two. It’s an extension of their living space.”

—Helen Ng
Hong Kong facilities are often located near residential areas or transit stations for convenience, but the market looks nothing like the West. “A single building can house eight to 10 competing operators on different floors,” Ng says. “Our headquarters has 12 storage operators alongside retail and restaurants. It’s the only building in the world like this.”

Competition is intense since prices and promotions can be matched instantly. To stand out, The Store House focuses on service. Whereas many competitors operate remotely, The Store House always has two employees on site daily—and typhoons test that approach. “Last year, Hong Kong was hit with three in one week and it caused some water leakage,” says Ng. “Within 24 hours, we were calling customers and helping them sort things out. Operators without staff probably didn’t even know about the damage.”

Ng has also distinguished the company through social responsibility and was recently recognized by the Hong Kong Council of Social Service. Leona Lo, head of marketing and CX, led numerous initiatives, including its partnership with Hong Kong Dog Rescue.

New Chapters
As self-storage continued its growth spurt, large operators began franchising to expand quickly. But the model cracked after a devastating 2016 industrial building fire in the Ngau Tau Kok district claimed two firefighters. “It changed everything,” says Ng. Fire and construction rules tightened, requiring wider corridors, new door designs, clear escape routes, and more. Franchisees balked at the cost of bringing brownfield space up to compliance. SC Storage shrank from 120 sites to roughly 30 to 40 because many franchisees wouldn’t invest. The impact of the regulations continues, resulting in joint ventures, like the one Blackstone formed with StoreFriendly in 2019, buying entire buildings and converting them into Storefriendly Towers that the brand operates.
Poppy Behrens, Brad Hadfield, Leona Lo, and Lauri Longstrom-Henderson smile together at a conference. Leona Lo holds an open magazine. They wear event lanyards in front of trade show booths.

Poppy Behrens, Brad Hadfield, Leona Lo, and Lauri Longstrom-Henderson

“I expect more op-co/prop-co structures going forward. With financial backing from a major investor, brownfield repurposing makes sense,” Ng says. “It creates strong value-add and cap-rate uplift, which major funds gravitate toward.” The only hesitation, she says, is geopolitical. Some investors see Hong Kong as an extension of Mainland China. “Some may back away because of that perceived risk.”

Despite challenges, the market remains ripe for growth. It’s nearly four million square feet and projected to reach 5.82 million by 2030. “I’m surprised there are no Americans operating there yet,” says Good, who is enjoying semi-retirement. “Perhaps they’re waiting to swoop in and snatch what someone else has built. Helen’s properties, maybe?”

“We have been approached,” says Ng. “But our shareholders are Japanese, and they think long term.” As proof of that, The Store House just increased its footprint 50 percent, going from four facilities to six. “You can let Hardy know we’re not on the market,” she says with a smile.

Brad Hadfield is MSM’s lead writer and website manager.
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Development
Groundbreaking Development
Montreal Mini-Storage in Quebec, Canada
By Brad Hadfield
Exterior of a blue storage facility next to a red "Grand Opening" flyer featuring pop-art of a woman saying she needs space.
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ontreal Mini-Storage (MMS) has brought a woman’s touch to self-storage. The company’s 24th facility, at 500 Sauvé Ouest, opened in 2025 and is the first in the world to be designed by women for women. Conceived by five leading ladies at MMS (Margaux Chetrit, Andrea LaFrechoux, Serena Miscione, Alida Wu, and Tonia Assaf), the concept prioritizes safety, accessibility, aesthetics, and community, especially for women entrepreneurs, changemakers, and artists. After the building was acquired, the business opened in a record three and a half months.

The grand opening was a full-blown celebration with food, live music, and an art showcase by ArtMarket, spotlighting emerging female artists. Speakers included City Councillor Julie Roy and leaders from women-led businesses and nonprofits. Guests were encouraged to tour the bright, airy facility, which sits conveniently on a main thoroughfare rather than tucked away in an industrial park. It’s now 60 percent leased (nearly 20,000 square feet occupied) and Chetrit credits its early success to meeting a broader range of customer needs. As for what’s next, she says MMS will keep a finger on the pulse of customers. “Whatever they ask for, we will be building,” attracting tenants with storage that fits the urban desert lifestyle.

Group of six women smiling and holding giant golden scissors to cut a yellow ribbon during a storage facility grand opening.
Modern storage facility reception desk with wood paneling, a blue accent wall, and a monitor displaying security camera feeds.
Corner of a room with blue wallpaper featuring simple 2D illustrations of a chair, fridge, washer, and bike to show storage sizes.
Long indoor hallway within a storage center featuring white partitions and numbered blue roll-up unit doors.
Interior view of a clean, bright storage facility hallway with white walls and rows of blue roll-up doors.
Bright storage facility interior with yellow signs pointing toward the "Bureau de Location" or rental office.
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Investment
Are You Invisible?
Facilities Can’t Afford To Ignore Local SEO
By Nicole Luna
Illustration of a man in a bowler hat looking at a smartphone screen that shows his reflection as an invisible person.
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hen a potential tenant searches “storage units near me,” does your facility appear on the first page, or are you lost among competitors who invested in their online presence first?

If your facility isn’t actively optimizing for local visibility, you’re likely missing your most valuable source of leads: renters already looking for storage in your area.

Many self-storage operators still rely on physical location, signage, and word of mouth to fill their units. While those matter, today’s success begins with a digital presence. Local search engine optimization (SEO) is one of the most effective (and often overlooked) ways to increase visibility, attract qualified tenants, and strengthen occupancy rates.

How Local SEO Works
Google has replaced the Yellow Pages. The search engine now processes over 5 trillion searches each year, and a massive portion of those have local intent. That means people are actively seeking products and services near them, including self-storage.

When a potential tenant searches for a storage unit, Google doesn’t show random results. It uses a sophisticated algorithm to highlight the most relevant, trustworthy, and nearby options. Understanding that algorithm helps self-storage operators take control of where and how their business appears.

Three Pillars Of Local Search
Google’s local ranking system is guided by three core factors:

Proximity
How close is your facility to the person searching? You can’t move your property, but you can make sure your service area is clearly defined online.

Relevance
How accurately does your online presence match what a renter is searching for? For example, if your website says “storage units,” but renters are searching “climate-controlled RV storage,” your relevance score drops. Especially with AI search, it’s essential to include the specifics of unit sizes and features to ensure your facility receives higher ranking.

Prominence
This is how established and trusted your business appears online. It includes your website quality, the number of mentions across the web (citations), and the strength of your online reviews. If you’re looking to improve ranking, having embedded reviews that are not linked to Google & Yelp will not increase your SEO. Google needs to identify that these are actively being updated.

By improving proximity, relevance, and prominence, you tell Google your facility deserves to be seen, and more importantly chosen, by potential tenants.

Search Intent And Consistency
Understanding why renters search is key. Someone typing “boat storage near me” or “cheap 10-by-10 storage in Tucson” has a clear intent, and you can meet that need by using similar phrasing in your web content, Google Business Profile, and metadata.

Equally important is maintaining consistent business information across every platform. Your facility name, address, and phone number (NAP) must match exactly everywhere: your website, Google listing, social media pages, and directories. Even small inconsistencies can confuse search engines and lower your rankings.

Local Pack Is The Goal
That small map with three listings at the top of Google’s results is called the “local pack.” It’s prime digital real estate for any self-storage operator. If your facility appears there, your visibility skyrockets—complete with name, reviews, directions, and website access.

For a tenant ready to rent a unit, the local pack is often their entire decision-making process. If your facility isn’t there, you risk being invisible to active renters.

The Business Impact Of Local SEO
Local SEO isn’t just about clicks; it’s about conversions. Local SEO directly influences your bottom line in measurable ways.

Lower Cost Per Lead
Unlike paid ads, which stop producing the moment your budget ends, local SEO builds long-term visibility. Once your facility ranks well, you continue generating leads without constant ad spend, delivering a higher ROI over time.

Build a Trusted Brand
Your online presence is your reputation. A complete Google Business Profile, backed by authentic reviews, sends trust signals to both search engines and renters. Respond to every review, positive or negative. This shows professionalism and engagement, helping you stand out in a crowded market.

Improve Occupancy
Strong SEO means stronger lead flow. High rankings lead to more phone calls, quote requests, and rentals from people already ready to move in. It’s one of the most reliable ways to boost occupancy and maintain consistent performance year-round.

Stengthen Local SEO
Local SEO success does not require a large marketing team. It simply requires a clear strategy, consistent execution, and a set of practical guidelines.

Optimize Your Google Business Profile

  • Use accurate categories, detailed descriptions, and quality photos of your facility.
  • Add updates regularly, such as special offers, new features, or reminders about hours and services.

Create Content That Matches Search Intent

  • Include blogs, FAQs, or short videos that answer tenant questions (e.g., “What’s the best way to store my boat during winter?”).
  • Add city and neighborhood mentions naturally throughout your content to boost local relevance.

Encourage and Respond to Reviews

  • Ask happy tenants to share their experiences.
  • Thank them personally and address concerns constructively. Google rewards this engagement.

Ensure NAP Consistency Across The Web

  • Audit your online listings regularly to make sure your business information is accurate.

Monitor Performance

  • Track your local rankings, calls, and traffic to measure improvement. Even small adjustments can produce meaningful gains.
The Future Of Local SEO
As artificial intelligence (AI) reshapes how people search, Google and other platforms are evolving to prioritize search intent accuracy and trust signals that mirror human conversation.

Here’s what that means for self-storage operators:

Voice And Conversational Search
People are now searching in natural language, with phrases like “Where’s the closest storage with weekend access?” or “Which facility near me has drive-up units?” To compete, your website should include conversational keywords and question-based headings that mirror how tenants talk, not just what they type.

EEAT
EEAT stands for experience, expertise, authoritativeness, and trustworthiness. AI algorithms heavily weigh whether your business looks trustworthy and authentic. You can strengthen these signals by:

  • Listing verified credentials (like BBB accreditation or association memberships),
  • Including staff photos and bios on your site, and
  • Publishing blogs written by team members who work in the industry.

Visual Search Optimization
More users are finding facilities through images, especially on Google Maps and mobile search. Make sure every image of your facility includes keyword-rich alt text and metadata (e.g., “climate-controlled storage units in Phoenix”).

Competitor Insights Through AI Tools
Modern SEO platforms use AI to track which competitors are ranking for your keywords. Tools like SEMrush or Ahrefs can show where competitors are gaining visibility and where your facility can close the gap. For example, if another facility is ranking higher because they have more review responses or keyword-rich photos, that insight becomes your next actionable step.

Take Control Of Your Digital Visibility
Don’t let competitors capture renters just because they show up first on Google. In today’s AI-driven search landscape, local SEO is no longer optional; it has become a core revenue strategy for every self-storage operator.

Your facility deserves to be seen. The renters searching right now deserve to find you.

Visibility improves ranking, but its foundation lies in understanding that it’s about revenue, trust, and growth.

Make sure tenants find you first.

Nicole “Nicki” Luna is the Creative Marketing Strategist at XPS Solutions, specializing in digital strategy, SEO content development, and brand communication for the self-storage industry. She develops educational resources that help self-storage owners and operators strengthen tenant engagement, improve operational efficiency, and increase facility visibility through modern technology solutions. Nicki is passionate about empowering operators with accessible, real-world marketing insight that supports both revenue growth and long-term scalability.
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Broker Profile
Argus Self Storage Advisors logo
Argus is America’s Premier Self-Storage Brokerage & Advisory Firm
Ben Vestal
Ben Vestal, CEO
Argus Self Storage Advisors was founded in 1994 to provide buyers and sellers of self-storage real estate with specialized expertise in this unique property type.

Through the years, Argus has assembled a highly skilled network of real estate professionals experienced in self-storage and income property investments. Now the largest self-storage brokerage network in the United States, Argus is able to meet the individual needs of self-storage investors and owners through our national marketing platform and industry reach.

Corporate Advisory Team
Amy Hitchingham
Amy Hitchingham
Executive Vice President
Cole Carosella
Cole Carosella
Vice President
Matthew Cox
Matthew Cox
Director — Valuation & Budgeting
Alexanna Alary
Alexanna Alary
Client Relationship Manager
Annalise Green
Annalise Green
Marketing Coordinator
PROVEN RESULTS
$7 Billion
Total Self-Storage Transaction Volume
4,107
Total Self-Storage Properties Sold
43
Self-Storage Specialized Brokers
97
Current Listings
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Specialized Expertise
Argus combines the power of a national real estate sales organization with the experience and knowledge of our local real estate professionals. Argus Affiliates represent both buyers and sellers and are the most qualified self-storage advisors in the industry.

They use their specialized expertise to solve problems and bring more transactions to a successful completion. Additionally, many Affiliates are involved in the leadership of their state Self Storage Associations and are up to date on local issues and market conditions that affect self-storage owners.

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National Presence
Argus provides its clients with the most comprehensive marketing program in the industry. Properties listed with Argus receive exposure to the maximum number of investors through our national marketing platform and network of professional contacts.

Argus has represented both buyers and sellers of large, multi-property and multi-state self-storage portfolios throughout the U.S. We are committed to maintaining relationships with the most active and well-qualified buyers and sellers in the industry. Argus helps our clients identify opportunities and successfully navigate both portfolio and single-asset transactions.

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Proven Results
With a transaction history exceeding $7 Billion, Argus has the experience to ensure our clients receive maximum value for their self-storage investment. Each year, Argus Broker Affiliates assist an average of 75 self-storage owners with the sale of their property.

Our experience and reach extends to second- and third-tier markets as well as the major MSAs throughout the U.S. Our unique combination of local expertise and national marketing exposure ensures that listed properties receive maximum exposure to the marketplace.

Argus Broker Affiliate Offices
Argus Self Storage Advisors is the only truly national network of self-storage brokers. Our Broker Affiliates live and work in the areas they represent, providing their clients with specialized local expertise. Contact your local Argus Broker Affiliate today to learn how they can help you maximize the value of your self-storage property.
West Region
Jeff Gorden, CCIM
KW Commercial/The Gorden Company
(480) 331-8880
Arizona, Nevada & Utah

Ken Miller
Northstate Commercial Partners
(530) 768-1650
Northern California

Cole Carosella & Matthew Cox
Argus Self Storage Advisors
(720) 909-8602
Colorado

Scott King
Merit Commercial Real Estate
(541) 890-6708
Oregon

Ryan Layton & Greg Meager
American Real Estate Associates
(509) 435-2424
Washington & Northern Idaho

Kim Van Delinder
Van Delinder Realty, LLC
(406) 698-6850
Montana

North Central Region
Bruce Bahrmasel
(312) 518-3550
Northern Illinois & Wisconsin

Tom Flannigan
Area Storage Advisors
(651) 269-6307
Minnesota, North Dakota, South Dakota & Iowa

Larry Goldman, CCIM & Derek Arnold
Goldman Investment Advisors
(913) 707-9030
Kansas, Missouri, Arkansas & Southern Illinois

Mike Helline
Column Realty
(502) 296-4586
Kentucky

Kevin Friedman
Hayes Ventures
(847) 436-5483
Michigan & Ohio

Rob Schick
Schick & Associates, Inc.
(317) 403-1205
Indiana

South Central Region
Faith Pate
MLB Commercial Real Estate
(713) 805-2907
Central & South Texas

Chad Snyder & Tyler Trahant
Dominus Commercial
(817) 242-2361
North Texas

Samuel Livingston
Livingston Brokerage, LLC
(915) 497-4054
West Texas, New Mexico

Bill Barnhill, CCIM
Omega Properties, Inc.
(251) 432-1287
Alabama, Mississippi & Florida Panhandle

Jared Jones, CCIM
Jones Investment Real Estate
(918) 948-3941
Oklahoma

Northeast Region
Joe Robinson & Jessie Gilton
NAI Norwood Group
(603) 714-4019
New England

Jim Remler
Coldwell Banker Commercial
(973) 936-8250
NYC, Long Island & Northern New Jersey

Chuck Shields
Beacon Commercial Real Estate
(610) 862-1645
Eastern Pennsylvania, Southern New Jersey & Delaware

Guy Blake, CCIM
Cushman & Wakefield Pyramid Brokerage Company
(845) 522-5900
Upstate New York & Western Connecticut

Southeast Region
Jamey Cox
Percival Partners
(704) 995-9168
North Carolina & South Carolina

Ryan Haney & Josh Koerner
Coastal Storage Group
(904) 591-1556
Georgia

Josh Koerner
Coastal Storage Group
(904) 591-0140
Florida (except Panhandle)

Ed Nicholson
The Nicolson Companies
(757) 474-5365
Virginia & Maryland

Corporate Headquarters: 2953 S. Peoria St. Suite 200 Aurora, CO 80014
Phone: 800-55-STORE
Investment icon
Investment
Win The Numbers Game
Software To Boost Your Bottom Line
By Sascha Zuger
business women with hand to chin in front of an arcade game
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nowing your numbers and understanding historical data is essential for making sound business decisions that result in boosted profits.

“We’re strong believers in using software for reporting,” says Sarah Beth DeFazio, vice president of sales and development at Universal Storage Group. “We rely on multiple layers of technology to help our sites run more efficiently. We don’t just review reports; we teach our new owners how to read and interpret them, what benchmarks we aim for, and how those metrics reflect the real-time performance of their site. This empowers our owners to not only stay informed but also to hold us accountable for results. Our managers go through similar training. You can’t be an effective manager if you don’t understand the ‘why’ behind the numbers or know what goals you’re working toward. Reporting isn’t just a tool—it’s a roadmap to success.”

Software Can Add Revenue
DeFazio shares three ways Universal Storage Group adds value and boosts profit using software tailored to storage needs.
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Real-Time Data For Smarter Decisions

With access to up-to-date financials, occupancy trends, and customer behavior, you can respond quickly and confidently to changing conditions, avoiding missed revenue opportunities and reducing risk.
2

Automation Of Daily Tasks

Software streamlines repetitive tasks like billing, collections, rate increases, and reporting. This saves time and reduces human error, freeing up managers to focus on leasing and customer service.
3

Performance Tracking And Accountability

Robust reporting helps owners and managers identify what’s working and what’s not, so they can take immediate action. From tracking marketing ROI to setting sales goals, the insights gained directly impact profitability.
AI And Machine Learning
We see dynamic pricing integrated into new areas of life daily, with new AI/ML tech adding to the conversation. “In the late 1990s, visionary real estate executives observed the revenue management revolution in the travel and hospitality sectors and implemented similar systems for pricing apartments,” says Ahmet Kuyumcu, founder and CEO of Prorize. “Following the success of the multifamily industry, the self-storage industry adopted revenue management in the early 2010s, and it has now become an indispensable business discipline. Today, we serve over 75 major self-storage operators across 24 countries on six continents.”

Prorize uses tech to help storage companies precisely right-price their units without the heavy lift of complex manual calculations and decision-making.

“We understand that pricing is multi- faceted in highly dynamic self-storage markets,” says Kuyumcu. “There isn’t a single logic that works in every situation. Setting an optimal price for a product or service in a dynamic, time-dependent fashion is the most complex and challenging domain of artificial intelligence (AI) and machine learning (ML). We leverage data, science, and facts to prevent customers from overreacting to market changes. We offer detailed information, demand forecasts, and rent recommendations, empowering them to make informed pricing decisions.”

Customers can either manually approve changes or establish rules for automatic approval, offering owners and investors a greater sense of control and comfort. Self-storage operations can also benefit from efficiency and transparency through advanced workflow and reporting capabilities.

“We do all the work necessary for system configurations,” says Kuyumcu. “Our fully automated, AI-based solution provides complete transparency on revenue, pricing, and the competitive landscape. It allows customers to focus on their core business rather than spending extensive hours configuring the system and managing pricing decisions.

“When we adjust prices, our software provides detailed explanations and related reports about why rents are changing. The ongoing system’s configuration is also automated and data-driven, saving our customers valuable time. As part of their software subscription, we provide quarterly executive updates to ensure high-level pricing strategies are effective and to identify any necessary fine-tunings.”

Implementing this kind of program can bring a surprisingly big bump to numbers.

“We’ve observed double-digit incremental revenue growth through the use of the RM technology. Market conditions in the self-storage industry change daily, and staying ahead of them is crucial for success.”

Rent Adjustments
Rent rate adjustments for existing customers are another necessary part of a healthy bottom line. Data and software can help nail down where the line is between negatively affecting occupancy and getting the most income from your units.

“In the snapshot below (Chart 1), Tenant’s Hummingbird revealed one customer initially had over 220 tenants (approximately 20 percent) without any rent changes for over 12 months,” says Tenant data analyst Gandhar Rane. “With data-driven scheduling of rent increases, they reduced this number to under 25, which directly contributed to a steady increase in monthly revenue from $77,000 to $103,000, without negatively impacting occupancy.”

See Chart 1.

Chart 1 showing No Rent Change in last 12 months, Total Revenue, and Occupancy
Alleviating Delinquencies
Actionable insights gained through software data analysis can drive operational improvements by enhancing payment reliability and reducing frustrating and time-wasting manual collection efforts.

“One notable success involved a customer who initially struggled with tenant delinquency rates hovering around 10 percent,” says Rane. “Upon adopting Tenant’s platform, they leveraged our intuitive BI dashboards and user-friendly features, particularly around autopay enrollment.”

See Chart 2.

Chart 2 showing Autopay Enrollment and Delinquency Count
Hummingbird reporting tools made it easy for operators to identify tenants not enrolled in autopay and proactively encourage enrollment. As shown in Chart 2.

  • Autopay enrollment increased from 36.8 percent in November 2024 to 48.9 percent by April 2025.
  • During the same period, delinquency counts dropped dramatically, from 33 down to just nine tenants.
Dynamic Pricing
Using software to dynamically manage pricing to create a constant analysis and adjustment equals a big bonus to the bottom line.

“In the below dashboard (Chart 3), we see a practical demonstration of dynamic pricing,” says Rane. “During early 2024, the customer was offering $3,000 to $4,000 in monthly promotions to boost occupancy. As the occupancy hit a peak of 96.13 percent, they tapered off these discounts while introducing a well-planned rent increase. Despite a modest occupancy dip to approximately 91 percent, revenue continued to climb, peaking at $106,000 and showcasing a higher yield per occupied unit. This approach not only maximized revenue but also created new leasing opportunities by slightly lowering occupancy to a manageable level, thereby allowing for fresh tenant acquisition at optimized rates. Tenant’s BI tools make it seamless to monitor such metrics and take timely, strategic actions.”

See Chart 3.

Chart 3 showing Occupancy, Discounts and Promotions, and Total Revenue
Pick The Perfect Program
“Don’t choose software just because it’s the cheapest, and don’t be dazzled by overly complicated systems you’ll never fully use,” says DeFazio. “The old saying is true—you get what you pay for. Look for robust reporting features, strong support, and seamless integration with your website and marketing platforms.”

The right software should make your business easier to run and more profitable.

“Talk to management companies and other owners operating sites of the same caliber as yours to see what they’re using and why,” DeFazio says. “Then begin interviewing software companies until you find the one that fits your specific needs. The right partner will be just as invested in your success as you are. Remember, the software company works for you. You are the consumer, and they should provide continuing help and guidance. The average owner is not an IT expert—you should receive the one-on-one service you deserve.”

Universal Storage Group uses best-in-class software products available on the market in their management of properties.

“A good software provider should not only train you on all the ins and outs of the system but also tailor reporting to your operational needs,” says DeFazio. “The right partner will equip you with the tools necessary to run a successful business. We work closely with our software partners to make sure we have exactly what we need.” Know your numbers. Learn how to read the reports—and what those numbers actually mean. Ask questions, dig deeper, and stay engaged. In the process, remember to keep that precious data safe.

“By deeply analyzing customer data through our centralized BI dashboards, operators can make informed decisions around rent adjustments and promotional campaigns.”

—Gandhar Rane
“At Tenant Inc., data security is a top priority,” says Rane. “As a SOC 2-compliant organization, we implement rigorous protocols to protect customer data. Each client receives a dedicated data warehouse hosted in a secure environment, ensuring complete isolation and preventing any data cross-contamination. Our business intelligence (BI) dashboards are also securely housed and accessible only to the respective customer. Tenant leverages historical rental behavior, occupancy rates, and payment trends to craft effective pricing strategies. By deeply analyzing customer data through our centralized BI dashboards, operators can make informed decisions around rent adjustments and promotional campaigns.”
Turn Data Into Dollars
Rane mentions five ways to turn raw data into actionable insights. Analyzing metrics such as unit occupancy trends, rental durations, rate sensitivities, seasonal demand patterns, and payment behaviors allows operators to:

  • Optimize Pricing Strategies
    • Identify high-demand unit types and adjust prices dynamically based on occupancy, seasonality, and competitive positioning.
  • Improve Operational Efficiency
    • Track property performance to identify underperforming locations or units, enabling targeted operational interventions.
  • Enhance Customer Experience
    • Analyze customer behavior to understand preferences, enabling more tailored communication, better promotions, and improved retention.
  • Forecast With Confidence
    • Use historical data to forecast revenue, occupancy rates, and inventory needs, helping plan for expansions or marketing campaigns.
  • Streamline Collections
    • Identify patterns in delinquency to proactively manage risk and reduce auction volume.
Sascha Zuger has nearly two decades of experience as a freelance journalist writing for national magazines, including The Washington Post, LA Times, Christian Science Monitor, National Geographic Traveler, and others.
Performance-Focused Storage Management
We Make Self Storage Facilities More Profitable.
A smiling man with arms crossed standing in a bright indoor storage facility hallway lined with red unit doors.
We Handle Everything
So You Don’t Have To.
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Maximize Revenue & Boost Profits.
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Streamline Operations For Efficiency.
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Maintain Your Own Brand Identity.
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Online Engagement
Getting AI Search Bots To Cite Your Content
By Giselle Agiuar
I

n these days of AI search bots, you want your content to be cited. Thus, your content needs to be on the platforms where the AI bots look for information, like communities, forums, and social media. In my last article, I wrote about how social media has become one of the main sources of content for the AI search bots. However, there are other channels where you can compete with the big players. It’s called omni-channel marketing.

Omni-Channel Marketing
For years, I’ve told small business owners to focus on the social media networks that their target audience frequents the most. Basically, that was two or three primary networks and then two or three secondary ones.

Throw that strategy out the window! Now you need to be everywhere!

“Over the last 12 months, ChatGPT’s U.S. referral traffic to websites jumped by 3,496 percent (U.K. up 5,950 percent), from 14 to 516 million,” according an article on the Search Engine Journal titled “ChatGPT Vs. Google At Every Stage Of The User Journey.”

In other words, AI search use is growing. Citing is rich in context. Referral traffic and conversions are increasing. Your content needs to be on as many channels as possible, especially online communities.

The top online communities are Reddit, Quora, Facebook, LinkedIn, YouTube, Instagram, and X (formerly Twitter).

How Does Reddit Work?
Reddit (www.reddit.com) is a collection of forums, or “subreddits,” where users can share content, discuss topics, ask questions, and upvote or downvote posts. Google features posts from Reddit in their AI Overviews and search results pages.

Here are the basics of Reddit:

  • Subreddits – These are specialized forums focused on specific topics (e.g., r/selfstorage, r/selfstorageinvestors, and r/TalesFromSelfStorage).
  • Posts And Comments – Users can post content like text, links, images, and videos. Other users can comment on these posts to create discussions.
  • Asking Questions – Here’s an example: “Is the rent prorated if you move out in the middle?”
  • Voting System – Upvotes and downvotes determine the visibility of a post. Popular posts rise to the top, while less popular ones sink.
  • Karma – Users earn karma points through upvotes on their posts and comments, which can add credibility to their account.

By the way, the subreddit “r/selfstorage” has over 8,000 members, 17,000 weekly visitors, and 115 weekly contributions. Their description reads, “r/selfstorage is a community intended for helpful discussion, information, and advice about the self-storage industry. Operators, managers, employees, and customers are encouraged to contribute information, opinions, tips, and tricks. This is NOT a place to slander companies or persons.”

To get started, follow these seven tips.

  1. Understand Reddit culture.
    Redditors value authenticity and community involvement. It’s essential to participate genuinely as an individual rather than as a corporate entity.
  2. Choose the right subreddits.
    Identify subreddits relevant to the industry and local community. Follow and engage in these communities to understand their norms and interests before posting.
  3. Read the rules.
    Each subreddit has its own rules. Make sure you understand them to avoid being banned or flagged as spam.
  4. Create valuable content.
    Share useful insights, resources, or engaging content. Avoid blatant self-promotion. For instance, provide tips, answer questions, or share relevant news.
  5. Engage with the community.
    Respond to comments on your posts, participate in discussions, answer questions, and upvote interesting content.
  6. Use Reddit ads sparingly.
    To promote your products or services, consider using Reddit’s ad platform. However, don’t rely solely on ads; genuine interaction is crucial.
  7. Monitor and adjust.
    Regularly monitor the performance of your posts and adjust your strategy based on what resonates with the community.

Conversely, here are several common mistakes to avoid.

  • Skipping Subreddit Rules – Every subreddit has its own culture and posting guidelines. Ignoring them can quickly get your post removed or your account banned. Always check the “rules” section in the sidebar before posting.
  • Overt Self‑Promotion – Redditors are quick to spot marketing disguised as “helpful” content. If most of your activity is linking to your own site, you’ll be flagged as a spammer. Follow the 90/10 rule of 90 percent genuine engagement and 10 percent self‑promotion.
  • Low-Effort Posts or Comments – One-liners, vague questions, or link-only posts rarely do well. Reddit rewards thoughtful, well-formatted contributions.
  • Not Engaging Beyond Your Own Posts – Only posting your own threads without commenting elsewhere limits visibility. Upvote, comment, and join discussions to build rapport.
  • Ignoring Feedback – Downvotes and critical comments are signals, not just noise. Use them to refine your approach rather than getting defensive.
  • Cross-Posting Without Context – Dumping the same link into multiple subreddits without tailoring it to each audience is spammy. Customize your title and intro for each community.
  • Chasing Karma Over Value – Posting just for upvotes can lead to shallow content. Focus on adding genuine insight or entertainment.

… AI search use is growing. Citing is rich in context. Referral traffic and conversions are increasing. Your content needs to be on as many channels as possible, especially online communities.

By understanding Reddit’s structure and engaging authentically, companies can effectively connect with their audience and build a positive reputation on the platform.
How Does Quora Work?
Quora.com is a Q&A platform. It’s a global knowledge-sharing site where anyone can ask questions and provide answers. It has a massive reach. With over 400 million monthly visitors, your content can be seen by a huge, diverse, global audience. Here are some key points:

  • Evergreen Content – Answers remain searchable and can rank high on Google for years, continuing to bring traffic long after you post.
  • Topic And User Following – You can follow topics relevant to your industry and connect with people who are interested in them.
  • Built-In Distribution – Quora’s feed, email digests, and topic notifications push your answers to interested readers, even if you have no personal following.
  • Advertising Options – Quora Ads allow precise targeting by topic, keyword, or audience intent.

Follow these tips to get started:

  • Craft a strong, optimized, individual profile. Use a clear, friendly headshot. Add your role, business name, and a short, credibility-building bio. Include links to your website or key resources.
  • Identify relevant topics. Search for topics your customers care about. Follow them to get notified of new questions. Focus on your niche expertise. Stick to your topic. Don’t start posting fake questions about things that have nothing to do with the industry.
  • Answer with value first. Provide detailed, helpful, and non-promotional answers. Use examples, short paragraphs, and bullet points for readability. Subtly weave in your expertise and link to resources only when relevant.
  • Be consistent. Aim for a few high-quality answers per week. Over time, this builds authority and trust. Do not disappear and then come back months later.
  • Leverage evergreen potential. Focus on questions that will still be relevant months or years from now. These can keep driving traffic long after you post.
  • Engage with the community. Upvote good answers, comment thoughtfully, and follow other experts. (You can also downvote stupid questions or bad answers.) This increases your visibility and credibility.
  • Repurpose your content. Adapt your Quora answers into blog posts, LinkedIn articles, or email newsletters to maximize ROI.

Common mistakes to avoid include:

  • Overt Self-Promotion – If you drop links to your site in every answer without adding real value, readers (and site moderation) will see this as spam, which will hurt your credibility. Be careful with this. I get people asking the same questions repeatedly, and if I copy and paste the same answer and link, the posts will be deleted.
  • Neglecting Engagement – Don’t fail to upvote, comment, or follow other experts. Interaction boosts visibility and helps you learn what resonates with your audience.
  • Expanding Too Soon – Don’t jump into paid ads or multiple topic areas before you have built a solid base of quality answers and followers.

When used properly, a small business owner can turn Quora into a steady stream of visibility, credibility, and leads. Personally, I used Quora regularly and got more traffic to my website from Quora than from the other social media networks.

Should you share the same content on all the social networks? Yes. You may think it’s redundant, but the more places your content shows up, the better the chances the AI bots like ChatGPT, Perplexity, Grok, and Gemini will cite you.
Sharing Content
Should you share the same content on all the social networks? Yes. You may think it’s redundant, but the more places your content shows up, the better the chances the AI bots like ChatGPT, Perplexity, Grok, and Gemini will cite you.
Post Long-Form Content
The social networks give you a lot of space to add text or “long-form” content. Use it! On Facebook you can have 63,206 characters per post, whereas LinkedIn allows 3,000 characters, Instagram gives you 2,500 characters (no links), X permits 280 characters for free or 25,000 characters in the basic upgrade tier, and YouTube has 5,000 characters in the video description. The AI search bots scrape content from everywhere! Make sure your content is out there!

What I’m seeing a lot lately are posts featuring an infographic or video, and then the text providing a detailed explanation.

Next time, I’ll dig deeper into X and how to use video in your online marketing.

Giselle Aguiar, founder of AZ Social Media Wiz in 2011, is a social media content and digital marketing consultant and trainer. She’s been involved in internet marketing since 1995. Today, she specializes in strategic and tactical planning, social media setups, 1:1 digital marketing training and coaching, SEO copywriting, and WordPress websites. She is a trainer and mentor for the Arizona Commerce Authority as a founding mentor of its Digital Academy. Visit her website, AZSocialMediaWiz.com, for more information.
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ECRI Playbook
Raise Rates Without Tanking Occupancy
By Zach Watson
R

evenue management in self-storage isn’t just about filling units. It’s about making sure every square foot is generating the maximum return for your business.

Without a revenue management strategy in place, even properties with 90 percent occupancy can underperform at a net operating income (NOI) level.

One of the most effective (and often misunderstood) levers you can pull is existing customer rate increases (ECRI).

If your occupancy is stabilized and you’re not raising rents for current tenants, you’re leaving money on the table. But it’s not as simple as pushing prices up across the board.

Done wrong, self-storage ECRI can damage your occupancy, erode customer trust, and ultimately cost you more in lost revenue than you gain. Done right, this tactic is a steady, predictable way to grow (NOI) and strengthen your facility’s long-term performance.

In this article, we’ll walk through why independent operators should approach ECRI differently than the REITs, the risks of mismanaging your program, and the three principles we use at White Label Storage to implement ECRI successfully across more than 200 facilities nationwide.

What Is ECRI?
Let’s start with the basics. Acquiring new customers costs more than keeping the ones you already have. When you maintain the same rates for years on end, tenants may stay, but your returns stagnate.

Over time, inflation and rising operating costs eat away at margins.

As the name suggests, ECRI is a framework for steadily increasing rents on existing customers. It is a core part of revenue management because it improves your income from each customer without providing new amenities or services.

ECRI works because the psychology of tenants changes once they’ve been in place for an extended period of time. People enter a loss aversion mindset, where they will accept new pricing to keep what they have, that is the storage unit they’ve come to rely on.

A well-designed ECRI program makes sure you’re not underpricing your units while still protecting occupancy. Even if some customers leave after an increase, the additional revenue from those who stay almost always offsets the churn. The key is finding the right balance.

How REITs Approach ECRI
The major self-storage REITs are known for aggressive rate-increase strategies. They’ll advertise units at artificially low move-in rates to capture demand, then raise rents sharply just a few months later.

For these institutional operators, the math works. Even if a significant number of tenants leave, REITs can absorb the loss because they operate at enormous scale. They target markets with plentiful demand and spend a small fortune on advertising to ensure a constant stream of new customers.

Independent operators don’t have that luxury. If you’re running a facility in a secondary or tertiary market, an aggressive REIT-style approach can backfire badly:

  • You burn through local demand. Unlike a REIT in a major metro, secondary and tertiary markets don’t have an unlimited supply of new tenants. Once your churned customers are gone, they’re gone for good.
  • Marketing costs spiral. Even if you’re in a big city, filling vacant units will become more expensive with increased churn. Digital ads, promotions, and staff time add up quickly, especially if you’re competing against REITs with massive spending power.
  • Customer trust erodes. Independent facilities often rely on reputation and word of mouth. Sudden, steep rent hikes damage that trust, making it harder to maintain long-term relationships. Increased churn can spark a negative review cycle.

For independents, the goal isn’t to maximize short-term revenue at all costs. It’s to steadily grow NOI while protecting occupancy and keeping customer satisfaction high.

Running An Effective ECRI Program
Here’s the truth: You cannot run an ECRI program without some churn. And that’s OK to a point. What matters is that the revenue you gain from increases outweighs what you lose from customers leaving.

At White Label Storage, we’ve tested ECRI strategies across a diverse portfolio of facilities, urban and rural, stabilized and lease-up, large and small. What we’ve learned is that patience and moderation win.

Here are three simple rules that we use as best practices for increasing tenant rates.

1. Only raise rents on tenants who have been in place for nine months or longer.
Customers who are newer to your facility are still price sensitive. Raise their rent too soon and they’ll move out quickly. But tenants who have been with you for nine-plus months are less likely to churn. They’ve settled in, and the hassle of moving is often greater than the added cost.

2. Never increase rents more than 50 percent.
It may sound obvious, but pushing too hard is a fast way to lose tenants. Even if market rates justify a bigger jump, cap increases at 50 percent or less. Most of your tenants will absorb that change without uprooting their belongings, and your long-term revenue (and customer satisfaction) will be stronger as a result.

3. Be flexible and work with your tenants.
ECRI isn’t just a math problem; it’s a customer service moment. Some tenants will push back. Train your staff to negotiate, offer middle-ground solutions, or provide short-term discounts.

You need to control churn, so if move-outs start to spiral, start prioritizing keeping customers, if even at a slightly reduced increase.

Balancing Rate Increases And Churn
Effective ECRI programs aren’t about avoiding churn—they are about managing it. By applying increases strategically, you’ll see some turnover, but the added revenue from tenants who stay almost always outpaces the loss. In many cases, churn can actually be a good thing, as 100 percent occupancy is not ideal.

When long-term tenants move out, it opens inventory you can rent at higher street rates. That turnover gives you a chance to reset pricing, often bringing in even more revenue than before.

The three rules we use are a starting point, not a one-size-fits-all formula. The key is to monitor performance. Track occupancy trends, churn rates, and revenue growth before and after each increase. Over time, you’ll find the sweet spot for your facility.
Every Market Is Different
Of course, no two markets are the same. Tenants in a suburban facility may respond very differently to an increase than tenants in a dense urban environment. The three rules we use are a starting point, not a one-size-fits-all formula.

The key is to monitor performance. Track occupancy trends, churn rates, and revenue growth before and after each increase. Over time, you’ll find the sweet spot for your facility.

Launch A Reliable Revenue Management Program
ECRI is one of the most reliable ways to increase revenue at your self-storage facility. But for independent operators, success depends on restraint and strategy. Avoid the aggressive tactics used by REITs, focus on patience and moderation, and treat rate increases as part of your long-term customer relationship.

At White Label Storage, following these principles has consistently produced positive results across hundreds of facilities. The outcome has been higher NOI, stronger occupancy, and healthier customer relationships.

Are you ready to make your self-storage property more profitable? Learn more at www.whitelabelstorage.com.

Zach Watson is the content manager at White Label Storage.
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INNOVATION Spotlight
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Desktop & Mobile Compatible
Product:
3D Storage Planner
Self-storage.ai
By Brad Hadfield
O

ne of the best-selling video games of all time is Tetris. Released in the mid-80s, the puzzle game challenges players to fit falling blocks of various shapes and sizes together in the most efficient way possible. That simple premise hooked millions of players around the world. Nearly 40 years later, the 3D Storage Planner, developed by Self-storage.ai, is taking that same principle and applying it to the real-world logistics of self-storage. Where Tetris gave players satisfaction in clearing lines, this tool gives customers the confidence of fitting their lives into a unit that’s the perfect size.

Co-founder Nylan Raufaste has long used technology to change how people access storage. His first venture was a peer-to-peer storage marketplace, an “Airbnb for self-storage,” he calls it. He then launched a pricing comparison tool to help customers find the best deals. Both ideas took hold, but the rapid advancement of AI, and his growing understanding of the self-storage customer journey, led to a new vision. “We decided to use AI and 3D technologies to create a unit size selection tool,” he says. “We had a strong understanding of the booking process and what pushes online conversions, so we created the 3D Planner.”

Nylan Raufaste and Ange Blecon
Founders: Nylan Raufaste and Ange Blecon
The 3D Planner helps customers identify the right unit size based on what they plan to store. If they want a quick recommendation, they can input something like “one-bedroom apartment,” and the AI will generate a 3D layout showing typical items found in such a place, now stacked inside a suggested unit size. If they prefer to be more exact, they can list their own items, even resize them, and watch as the planner builds a customized visualization, stacking and fitting objects together just like a game board coming to life.

Raufaste notes that customers are often surprised by the results. Many discover their original size choice was too large, and some find they can save money by choosing a smaller space. “They can play around with items, unit sizes, and so on until they think they’ve got it right. The visuals give them confidence when booking the right unit size,” he says. For operators, this solves what’s often the biggest sticking point in the customer journey. With the right sizing decision made online, the need for lengthy calls or in-person visits disappears.

The 3D Planner is fully white labeled, living seamlessly on a facility’s website and carrying their branding and logo. Current clients include National Storage in Australia and New Zealand, with roughly 270 locations, as well as Montreal Mini-Storage, which operates 24 facilities in Quebec. Raufaste says it’s also gaining traction with operators who want to modernize their online presence and remove friction at the point of booking.

“When facing uncertainty about unit sizing, maybe two out of 50 people will reserve an oversized unit,” says Raufaste. However, the majority either leave the website because they can’t identify the size they need or call the facility to determine the right size. “Both outcomes create friction in the booking process and increase the risk of losing the rental. The main takeaway remains: Is losing conversions from many worth a couple of oversized rentals? Our clients and I say no.”

That conversion benefit isn’t the only win. “The user experience is better, website engagement and SEO are improved, and clients see more conversions and fewer dropouts,” says Raufaste. Less time on the phone also frees up managers and agents for other tasks, and if someone does call, the employee can use the 3D Planner to provide the recommendation. “It’s a win-win.”

To demonstrate value, Self-storage.ai tracks 3D Planner engagement data and conversion rates for every client. As usage grows, the team has been refining the tool and launching new features designed to make the process even more intuitive. Another new feature is coming soon, but for now Raufaste is keeping it under wraps. “All I can say is it is going to simplify every step of the tenant’s journey, from booking to move-in day; and for operators, it will continue to reduce friction and boost revenue.”

Just like in Tetris, success comes down to precision. Only now, the falling blocks have been replaced by real beds, boxes, and couches—and fitting them together can mean the difference between unit size frustration and perfection.

Brad Hadfield is MSM’s lead writer and web manager.
Location: Montreal, Quebec, Canada
Phone: +1 (514) 995-3911
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Self Storage Association Update graphic
2026 Your Year To Grow
By Stephanie Satterfield
T

he self-storage industry might look simple from the outside, but it’s full of complex details where a solid foundation of knowledge is key to success. For 2026, prioritizing education will be one of the smartest investments you make, whether you’re a seasoned operator or just starting out. Even the most experienced professionals can find new insights that lead to significant improvements in their day-to-day operations. Here’s why making education a priority in 2026 is essential.

Cornerstones Of Operational Excellence

Learning how to better run your facilities is a direct path to success. The SSA offers resources that help you master every angle of your business.

  • Understanding the Market – Utilize SSA data and market trend updates to spot new opportunities and proactively tackle challenges in the self-storage sector. Informed decisions are based on knowing local demand, competition, and emerging trends.
  • Operational Excellence – Our specialized courses and publications cover the entire spectrum, from facility management to marketing strategies. You’ll learn to optimize operations, deliver superior customer service, and effectively manage costs. Look out for the SSA’s new webinars and the Certified Self Storage Manager (CSSM) program this year.
  • Legal and Compliance Knowledge – The industry is constantly shaped by changing state and national laws. Our legal team keeps you protected and informed through SSA Magazine, the SSA Magazine Weekly email, and webinars, ensuring you navigate the complex legal landscape with confidence and avoid potential pitfalls.
Connect, Network, And Advance Your Career
Success in this business also depends on the connections you make and maintain. SSA events offer unparalleled networking opportunities that can accelerate your career:

  • National Events – In-person events like the members-only Executive Ski Workshop, the Valuation & Acquisition courses, and our two national conferences are designed to connect you with peers and industry leaders. These interactions can lead to valuable insights, strong partnerships, and essential mentorships.
  • Local Opportunities – If you can’t make it to a national event, don’t fret. Our SSA-managed state associations plan many local options, including lunch-and-learns, state-specific legal webinars, networking events, and regional conferences. You’ll easily find a high-impact learning and networking opportunity that fits your time and budget.
Embrace The Self-Storage Journey

As the storage industry evolves with new technologies, legislation, and customer preferences, staying educated is essential. Investing in your knowledge unlocks new potential and paves the way for success in a business landscape that rewards adaptability.

Explore the SSA courses, webinars, and conferences available today by visiting our website (selfstorage.org). Take that first step toward becoming a knowledgeable leader in the industry—your future self will thank you for it.

Stephanie Satterfield is the SSA’s director of marketing and member outreach.
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The Last Word
Full-body portrait photograph of Tommy Nguyen, a man with prescription eyeglasses and longish black hair, smiling and wearing a bright yellow cardigan sweatshirt, black pants, and white sneakers
The Children Of AI
By Tommy Nguyen, Co-Founder and President of StoragePug
T

he question everyone is asking today is “How will AI impact the industry, for better or worse?” There’s a clear upside, of course. Revenue management is an area where AI really shines—analyzing huge amounts of data, optimizing rates for existing and new customers, and forecasting demand is its superpower. AI can also power better security, such as license plate recognition, person and vehicle tracking, and more affordable AI-enabled camera systems. Those tools exist today but are still expensive; costs will likely come down and adoption will spread. Hopefully operators will embrace it, learn it, and use it to run smarter facilities.

But there are also real concerns, like job losses and the broader impact on society. We’ve considered these things in the short term, but I don’t know that society has grappled with the long-term consequences or how this technology will affect future generations.

First, we aren’t prepared for mass layoffs. If 10 percent to 30 percent of people see their jobs disappear over the next five years, as some experts predict, we don’t have the infrastructure or social systems in place to handle that. We don’t have universal basic income, and we’re not structurally ready.

Second, we don’t know how to teach children in the age of AI. That’s honestly more concerning to me than job losses. Kids today are going to be AI natives, the way some of us were digital natives. But there’s a big difference: With AI, you can offload so much work that used to have to be done mentally. You don’t become a critical thinker if an AI does all your thinking for you; you don’t become a problem solver if AI gives you all the answers. Our school systems don’t yet know how to handle this.

So, when I think about AI, I’m not just thinking about self-storage efficiency. I’m thinking about how it’s shaping the way the next generation will interact with information and make decisions. I’m thinking about my own kids; this technology is going to define the world they grow up in.

Self-storage is a generational business. There are so many children of owners and developers entering the fold, and the children of those children, too. It’s important that some of these questions are answered before they’re the ones running the show. I don’t think the solution is “no AI,” but we haven’t yet figured out the right approach. That said, there are some very smart people working on these questions, and I’m confident they’ll find the answers—hopefully sooner than later.

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Thanks for reading our January 2026 issue!