Moving and Storage Business News

The News Review:

- STORING PARADISE
- Q4 2006 WP Carey & Co. LLC Earnings Conference Call – Final.
- Make The Management Move
- Q4 2006 Stillwater Mining Company Earnings Conference Call – Part 1.

STORING PARADISE
Mail Tribune – Feb 24, 2007
76 square feet of self-storage per person, well below the national average. But with eight recently built facilities and at least another dozen storage operations planned, the rapid growth of these facilities in Hawaii has outpaced the national growth. Once identified with ugly warehouse-like eyesores, storage companies are now designed to meet community architectural standards as they pop up in prime residential areas and in the midst of busy retail complexes, said Mike Scanlon, president of the Virginia-based Self Storage Association. Regardless of the architecture, hidden inside the flashy exteriors are thousands of locked spaces — in sizes from mailboxes to roomy garages. They hold overflow inventory and files from local businesses, stacks of aging boxes and furniture saved from family deaths or divorce and collections of stuff too big to fit into cramped condos or tropical houses that often have no attics, basements or garages. Hawaii is a great area for growth of self-storage businesses, with nearly no residential basements, expensive homes and a plethora of new compact condos. Plus, many residents have kayaks, canoes, surfboards and other tough-to-store watersports equipment.

Q4 2006 WP Carey & Co. LLC Earnings Conference Call – Final.
Free with registration – Fair Disclosure Wire – AccessMyLibrary.com – Feb 23, 2007
We’re happy with the deal flow we’re seeing. It is still competitive, but it seems to have stabilized. We also mentioned in the fourth quarter, we initiated our self storage initiative and there we closed on six properties for roughly $25 million of investment volume in self storage. As we sit here today and reflect on last year and where we are today, I think there are a number of positive events that have occurred and a number of positive things as we look forward. We had the merger of CPA-12 and CPA-14. Not only did we earn our back end revenue from CPA-12 that Mark, again, will go through in detail, and the CPA-12 performed very well, but we also purchased roughly $125 million of properties from CPA-12. When you combine that with the shares that we take in our affiliates of roughly $30 million, the $30 million in shares translates to, again, roughly $60 million of assets because the shares of the equity only.

Make The Management Move
InformationWeek – Feb 24, 2007
The skills needed include the ability to effectively and successfully lead projects, close the books on a budget, and motivate others, even if they don’t work for you. And you won’t get far if you can’t talk the language of the business your company is in. At insurance company Aflac, tech workers can do job rotations in different areas of the business and are encouraged to take classroom or.

Q4 2006 Stillwater Mining Company Earnings Conference Call – Part 1.
Free with registration – America's Intelligence Wire – AccessMyLibrary.com – Feb 23, 2007
(23-FEB-07) The America’s Intelligence Wire. Welcome to the Stillwater Mining Company 2006 year-end results conference call. (OPERATOR INSTRUCTIONS).