Moving and Storage Business News

The News Review:

- Bankrupt Scottsdale developer ends self-storage trust
- Former Storage Executives Launch New Self-Storage Venture
- Top 10 Myths of SAN Storage
- BJ’s Wholesale Club to Anchor Pelham Manor Shopping Plaza
- Alabama firm to clear our debris
- INDIA MOVERS PACKER

Bankrupt Scottsdale developer ends self-storage trust
Arizona Republic, AZ 
“A lot of people don’t want their name involved,” Roberts said of Onyx Trust. He was CEO of the limited-liability company. Roberts filed for a personal Chapter 7 bankruptcy in July, listing $118 million in debts. He has also filed for bankruptcy protection for Charlevoix Homes, listing many of the same creditors. Roberts said that creditors had raised questions about whether he was hiding assets in Onyx Trust. “But there is not one dollar in Onyx Trust,” he said, adding that the company had offered only shareholder positions.

Former Storage Executives Launch New Self-Storage Venture
eMediaWorld.com Newswire Press Release Distribution Service (press release), AZ 
(Real Storage) is a recently formed partnership, based in Calgary, Alberta to acquire and develop self storage facilities across Canada. The partnership is comprised of former executives and portfolio managers in the self storage industry and Realex Properties Corporation, (Realex) a real estate company listed on the TSX Venture Exchange. Bill Roberts, Partner & President of Real Storage was the Vice President for Stor edge Group of companies prior to the company's sale in 2007. Bill is also on the board of Directors of the Canadian Self Storage Association. Cathy Butler, Partner & Vice President Finance, owned and operated storage properties in addition to acting as Portfolio Manager for a private investment fund. Dave Demchuk, Vice President Operations, was also a former executive with Stor edge as Vice President Operations, and most recently as Director of Operations Western Canada for InStorage REIT. The management team will be responsible for all aspects of the business including operations, development and acquisitions whereas Realex will provide general oversight and capital.

Top 10 Myths of SAN Storage
Microsoft Certified Professional 
3: SAN storage requires my company to hire a full time storage administration staff. That really did come out of the 1990s, when SANs were first being evolved. You have to remember, there are product features inside the storage operating systems that are focused on reducing operating expense and customers need to look at these features as they’re looking for these devices. Some of these features are things like thin provisioning, which is a way to automate the storage provisioning task, so the administrator’s in control, but they’re not micromanaging the storage over time.

BJ’s Wholesale Club to Anchor Pelham Manor Shopping Plaza
WELT ONLINE, Germany 
“With BJ’s anchoring the newly developedPelham Manor Shopping Plaza, and the Fairway specialty market opening inthe adjacent shopping center, we will have a dramatically improved anddesirable shopping corridor for the Village of Pelham Manor andresidents of neighboring communities, statedThomas Lavin, Mayor of Pelham Manor. Acadia Realty Trust, headquartered in White Plains, NY, is a fullyintegrated, self-managed and self-administered equity REIT focusedprimarily on the ownership, acquisition, redevelopment and management ofretail and mixed-use properties including neighborhood and communityshopping centers located in dense urban and suburban markets in majormetropolitan areas. PA Associates is a real estate development company involved principallyin the development of commercial and industrial properties inmetropolitan New York and New Jersey. In partnership with Acadia RealtyTrust, PA Associates launched the New York Urban Redevelopment Program,and to date, this joint venture is developing 10 projects with over 2. 2million square feet in New York City. Certain matters in this press release may constitute forward-lookingstatements within the meaning of the federal securities laws and as suchmay involve known and unknown risks, uncertainties and other factorswhich may cause the actual results, performances or achievements ofAcadia to be materially different from any future results, performancesor achievements expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, butare not limited to, those discussed under the headings “Management’sDiscussion and Analysis of Financial Condition and Results ofOperations” and “Risk Factorsin the Companys most recent annual report onForm 10-K filed with the SEC on February 29, 2008 (the “Form10-K) and other periodic reports filed withthe SEC, including risks related to: (i) the Companysreliance on revenues derived from major tenants; (ii) the Companyslimited control over joint venture investments; (iii) the Companyspartnership structure; (iv) real estate and the geographic concentrationof our properties; (v) market interest rates; (vi) leverage; (vii)liability for environmental matters;(viii) the Companysgrowth strategy; (ix) the Companys status asa REIT (x) uninsured losses and (xi) the loss of key executives.

Alabama firm to clear our debris
Houston Chronicle, United States 
The company countered that the government did not have standing to bring such a suit, and Isakson said the lawsuit was based on “an absolute lie” perpetuated by Honduran officials whose efforts to obtain bribes were rebuffed. The company’s performance after other storms also has prompted complaints in Florida and Louisiana. DRC has been placed on “probation” by the city of New Orleans, according to published reports, after complaints that it was moving too slowly in clearing downed trees after Hurricane Gustav. “Many times states and cities would like you to mobilize faster,” he said. “Sometimes you have disagreements. But that’s why you call it a disaster. Mayor Bill White said Friday that DRC was chosen in a competitive bidding process, and that it “better do a good job.

INDIA MOVERS PACKER
Live-PR.com (Pressemitteilung), Austria 
indiamoverspackers. They provide safe and secure moving services. Some of listed companies on this web portal also provide warehousing and storage services. They have their warehouses and storage spaces in all the major cities of the country. In this way they assist people from all over the country in their warehousing needs. Listed moving companies on [.