Moving and Storage Business News

The News Review:

- Extra Space Storage Inc. Reports Operating Results for the Three …
- Metcalf Moving and Storage wins Integrity Award
- The Planet Launches Direct Attached Storage
- Morningstar Mini-Storage Opens Newest Charlotte-Area Facility In …
- 2008 Self-Storage Expense GuideBook Released by Cushman & Wakefield

Extra Space Storage Inc. Reports Operating Results for the Three …
CNNMoney.com 
8%Properties included in same-store 211 211 211 211The increase in same-store rental revenue for the three and nine monthsended September 30, 2008 as compared to the three and nine months endedSeptember 30, 2007 was due to the Company’s success in increasing rentalrates to existing customers which offset a slight reduction in occupancy. Property Acquisitions:During the three months ended September 30, 2008, the Company acquired oneproperty located in Maryland for approximately $5. The Companyalso acquired an additional 40. 0% interest in an existing joint venturewith Prudential for approximately $44. 1 million, increasing the Company’spro-rata equity share from 5.

Metcalf Moving and Storage wins Integrity Award
Post-Bulletin, MN 
Paul, packed up some valuables of its own last night. Metcalf was one of three companies presented a 2008 Integrity Award by the Better Business Bureau of Minnesota and North Dakota at a ceremony held at the Walker Art Center in Minneapolis. The company, which is an agent of Mayflower Moving, has been in Minnesota since 1919 and in Rochester for more than 40 years. Lisa Rosaane is the manager of this location. Corporate Account Manager Jeff Felten says the company’s approach to business has yielded many positive results over the years. Many of the core staff in Rochester have been with the company for more than 20 years. Metcalf has maintained a strong relationship with Mayo Clinic and IBM.

The Planet Launches Direct Attached Storage
MarketWatch 
Customers are also able to manage and monitor both their Dell servers
and DAS devices through the Dell OpenManage management console. The Planet DAS features a serial attached SCSI (SAS) architecture, which
provides higher availability than traditional SCSI technology. It also
outperforms SCSI devices, operating at 3Gbps. “Web sites are the lifeblood of every company
that operates an online business, so having a high-speed, highly
available site is critical, especially during the upcoming holiday
season,” said Rob Walters, The Planet’s
general manager of storage and data protection. “Our
new DAS product provides online retailers — and SMBs of any kind —
enhanced redundancy with clustering and failover capabilities. DAS is an
affordable way to keep critical data protected, so companies can
experience peace of mind any time of the year. ”

The company offers DAS in three configurations to suit a wide range of
business requirements.

Morningstar Mini-Storage Opens Newest Charlotte-Area Facility In …
dBusinessNews Charlotte (press release), NC 
, Morningstar has developed and operated over 70 self-storage projects totaling almost six million square feet in area and is the premier developer of modern, high-quality storage properties in the Carolinas. In 2006 Morningstar sold its interest in 47 properties to Public Storage. Since then, the company has developed and acquired 26 self storage facilities totaling over 2 million square feet. The company has a diversified portfolio, also owning and managing 8 marinas in the mid Atlantic and Southeast, has won numerous awards for its high-quality storage facilities, and is consistently recognized as an industry innovator. See more about Morningstar at.
Related: State Compensation Insurance Fund Opens Green Campus in Vacaville …

2008 Self-Storage Expense GuideBook Released by Cushman & Wakefield
Inside Self-Storage, AZ 
recently released the 2008 Self-Storage Expense GuideBook, compiled annually by the company’s Self Storage Industry Group (SSIG) and published by MiniCo Publishing. The publication provides operating-expense data for self-storage properties, offering ranges by region on the major expense categories. Christian Sonne, managing director of valuation services for SSIG, the GuideBook provides up-to-date information for current and prospective self-storage owners, operators and investors.