Moving and Storage Business News

The News Review:

- StorageMart bids in Canada
- Extra Space Storage Inc. Announces Date of Earnings Release and …
- Upstart Cloud Providers Challenge Status Quo
- Candidates differ on energy policy
- Move It Now⢠Moving and Storage Franchise Company Launches New Website
- U-Haul Offers 30 Days of Free Storage to Lakeview Terrace Area …
- Bancap Self Storage Group Sells $850 Million of Self Storage …

StorageMart bids in Canada
Columbia Daily Tribune, MO 
Burnam said if the offer is successful, it will cost TKG-StorageMart about $300 million for the company’s remaining shares as well as its debt. But he said it’s worth it because it would provide TKG-StorageMart with the platform to expand its business operations in Canada and the United States. "We would become one of the largest privately owned storage companies in North America," Burnam said. "We know this business backwards and forwards, and we may not know a lot of things, but when it comes to self-storage, we’re the best," he said, adding, "It’s a long way from being done. We’re hopeful, but it’s a very stormy economic climate out there. "
Reach Jordan Raubolt at (573) 815-1709 or. com’>jraubolt@columbiatribune.

Extra Space Storage Inc. Announces Date of Earnings Release and …
MarketWatch 
The Company’s properties
comprise approximately 461,000 units and 49 million square feet
rented by more than 300,000 individual tenants. For Information:
James Overturf
Extra Space Storage Inc. (801) 365-4501

Mark Collinson
CCG Investor Relations
(310) 477-9800

SOURCE: Extra Space Storage Inc. Copyright 2008 Market Wire, All rights reserved.

Upstart Cloud Providers Challenge Status Quo
InformationWeek, NY 
But while these backup vendors meet some niche needs for IT, such as outsourced FTP services or client backup repositories, again, none is appropriate for comprehensive enterprise archiving and backup. There’s a clear void to be filled here, and where there’s an underserved business need lately, there’s been an agile startup or two to fill it. We recently profiled one such company, ParaScale, that’s moving in to serve the expanding Tier 2 storage market. ParaScale sells the type of software that’s the magic behind many of the consumer and enterprise file storage offerings on the market today. Also previewed was an innovative cloud storage startup, Nirvanix. What’s unique about ParaScale and Nirvanix? They’re among the first viable threats to everyone selling name-brand bare-metal archiving and network-attached storage systems. Value shoppers now have real options.

Candidates differ on energy policy
Leader-Telegram, WI 
“Barack Obama downplays it, but he’s long been a supporter of nuclear power,” Kirby said. “He is reticent of it because of the issue of nuclear waste. “Obama wants a permanent storage facility for nuclear waste before moving forward with plans on nuclear plants. Kirby said one idea is to store it in Nevada, but he added that Nevada is resistant to becoming the “toilet” storing location for all waste. McCain isn’t worried as much about that,” Carroll said. Kirby noted that nuclear power is growing.
Related: Energy marketing needs curbs

Move It Now⢠Moving and Storage Franchise Company Launches New Website
TransWorldNews (press release), GA 
General Manager Dan Hall says ?the new website will make it easier for prospective customers to get the information they need to choose a professional moving company. ? Dan goes on to say that ?one of the most exciting enhancements to the new site is the ability for a consumer to receive an online quote for their move. ?

The new website has been specifically designed, not just for the consumer seeking moving and storage services but equally important, those individuals looking to go into business for themselves and purchase a franchise. ?It was important that the new website include comprehensive information, not just about franchising, but about the management team as well. ? VP of Franchise Development Neal Baker is quoted to say. The management team at Move It Now has over thirty years of franchising experience and almost 50 years of experience in the Moving & Storage industry. Move It Now, with Corporate Offices in Cleveland OH, has seen steady growth since founded in November 2004.
Related: Lux Launches New Site for Cray Inc., The Supercomputer Company

U-Haul Offers 30 Days of Free Storage to Lakeview Terrace Area …
MarketWatch 
13, 2008

LOS ANGELES, Oct 13, 2008 (GlobeNewswire via COMTEX) –
The U-Haul Companies of San Fernando Valley and Van Nuys are joining together to offer 30 days of free storage to Lakeview terrace area families who have been evacuated or need to move their belongings away from the areas affected by the recent fires. In addition to the 30-days-free self-storage assistance being offered, families needing boxes can take advantage of the U-Haul Take a Box, Leave a Box Program. The program enables customers to return their reusable boxes and allows others to take them as needed — FREE. U-Haul encourages anyone who has any type of reusable box to drop it off at the nearest U-Haul location and allow another family to reuse the box, free of charge, instead of throwing the reusable box into the recycling bin. Families needing more information about the 30-day free self-storage assistance program should contact the following storage facilities. U-Haul Canyon Country
27150 Sierra Highway
Canyon Country, CA 91351
(661) 251-4444

U-Haul Sun Valley
7721 Hollywood Way
Burbank, CA 91505
(818) 768-4100

U-Haul Center Foothills
2320 North Lincoln Avenue
Altadena, CA 91001
(626) 791-0952

U-Haul Center Sepulveda
8500 Sepulveda Boulevard
Sepulveda, CA 91343
(818) 895-1335

U-Haul Northridge
18160 Parthenia Street
Northridge, CA 91324
(818) 993-7470

U-Haul Chatsworth
21326 Devonshire Street
Chatsworth, CA 91311
(818) 709-4207

“These fires have the potential to cause tremendous damage and inflict extreme hardship on the communities we serve,” stated Tony Waters, U-Haul area district vice president (ADVP), for California operations.

Bancap Self Storage Group Sells $850 Million of Self Storage …
PR Web (press release), WA 
"In addition to its recent closings, the firm also currently has self storage sales transactions pending in Costa Mesa, Indio, Pittsburg and Sacramento, California. "We specialize exclusively in self storage properties," Keller says, "we are the only brokerage firm that can claim that for nearly 25 years now. " The company's client list includes individual owners, regional chains and national REITs, as well as banks and other lenders with foreclosed properties (REOs. ) In addition to its corporate headquarters in Orange County, the firm has a northern California office headed by Carl Touhey that dominates the market share for self storage sales in that part of the state. Among the firm's many newsworthy completed transactions is the record-setting sale of a single self storage property at over $31 million. For more information contact Dean Keller, President of Bancap Self Storage Group, Inc. at (949) 888-5355, email at dkeller@bancapselfstorage.