Developers turn to Storage

Another interesting story from Inside Self Storage.

Developers struggling to find successful projects to build in the Memphis, Tenn., area have turned to self-storage facilities and apartment complexes. In recent months, two large storage facilities and have been proposed in Shelby County. Developers site the mortgage and foreclosure crisis as having killed demand for residential building.



The Memphis City Council recently approved the Germantown Storage Planned Development, owned by Jack Johnson. In addition, the Land Use Control Board endorsed a self-storage project as part of the Cordova Ridge Planned Development.

Wesley Ashworth, vice president of Prime Development Group, said his company has not done a residential development in almost two years. He is working with Johnson on the Germantown project, which will have feature 340 interior units and 115 outdoor spaces.

Storage Loin

News from Fox, Reported a Colorado wildlife officers captured a mountain lion in an east Denver storage shed over the weekend.

They tranquilized the big cat, which was first spotted by a man who called the Arapahoe County Sheriff's Department.

The man told the Arapahoe County Sheriff's Department he saw the lion run into a storage shed Sunday morning in a location about six miles south of Denver International Airport. , Deputies sealed off the area and called the Division of Wildlife.

The mountain lion was a female about 18 months old and weighed about 65 pounds. Wildlife officers planned to evaluate the lionthen tag her and release her in the mountains.

There were no injuries.

Point of Sales insurance vetoe

Inside self storage reports that the New York Governor David Paterson last week vetoed a bill that would have made it easier for self-storage operators to offer point-of-sale tenant insurance with in New York.

The Department of Insurance raised concerns about other laws that might be affected by the proposed measure and disputed the proposed effective date. The rejection came even though the national Self Storage Association and New York Self Storage Association had addressed the issues with the department, and the bill had already passed the state Assembly and Senate.

Senate Bill 3477 would have amended the insurance law, authorizing the issuance of limited licenses to self-storage operators and allowing them to sell insurance coverage on personal property stored in self-storage units. Similar legislation has been passed in 10 other states, including California, Florida, Illinois, Texas and Washington.

Self Storage Economic Summit

The Self Storage Association has announce a special half-day Economic Summit that will take place on Wednesday, September 9th, from 1:00 - 5:00 pm. The program will consist of three panels with topics surrounding today's most pressing issues. The first panel will be made up of lenders and associated experts; the second will include brokers; and the third will consist of owner/operators who are particularly qualified to share their ideas about today's contemporary challenges. To register visit http://www.selfstorage.org or call 514-228-3076.

Moving!

Whether you are emigrating or relocating to another place. you may have to sell or even throw away some of your belongings. Every time you relocate to another place you cannot throw your valuables just because of the lack of space.. Instead of that you could look at other options. For example Self Storage.! Self Storage units are places where you can store your belonging in a safe and convenient location. Self storage is an easy way to manage your stuff and keeping safe your stuff.
Most companies allow access to your belonging to maintain them and keep them in great condition.
Due to the demand for self Storage there has been growth in competition amongst storage providers and with the sites like upickstorage.com, there has never been an easier time to find the right storage unit at a price that right for you.

Inside Self-Storage World Expo in Washington, D.C

Inside Self Storage reports that an early-bird discount registration deadline for the Inside Self-Storage World Expo in Washington, D.C, has been extended to Aug. 14.

Inside Self Storage Expo was created for self-storage owners, managers, developers, investors and suppliers, this is a four days event with educational seminars, product and service exhibits and proves to be a great networking opportunities.

MJs Doc,s Storage under investigation

I am sorry I do not want to be part of the Michael Jackson media circus. but i came across this story on TMZ..

Dr. Conrad Murray, Michael Jackson’s personal physician who administered CPR on the late King of Pop the morning he died, is already being looked at by law enforcement for his storage unit in Houston, which was raided earlier this month. TMZ now report he has an additional storage unit in Las Vegas.