Moving and Storage Business News

The News Review:

- New storage facilities for South Africa
- Extra Space Storage Inc. Reports Operating Results for the Three …
- Business Digest

New storage facilities for South Africa
Creamer Media’s Engineering News, South Africa 
Over the last four years, SASSI has invested significant resources in researching the international and domestic self-storage industry. Lucas explains that SASSI?s service offering allows investors an opportunity to invest in self-storage developments and participate in capital and income returns as an equal stakeholder with SASSI. The SASSI Self Storage Group is the fastest-growing self-storage company in South Africa. The group features a portfolio of seven self-storage facilities in operation and under development throughout South Africa. Future Investment Lucas says SASSI has a number of future investment opportunities in its development pipeline. The company offers astute property investors the opportunity to partner with the company and develop the new facilities together, thus sharing in the risks and rewards of the new development. The company terms this investment strategy equity partnerships.

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.
Related: Transcat Reports 24.4% Increase in Operating Income on 11.9 …

Business Digest
Salt Lake Tribune, United States 
, Oregon State University, the city of Houston and The Estée Lauder Cos. Green power is generated from renewable resources: wind, solar, geothermal, biogas, biomass or low-impact hydro. – Mike Gorrell Toys for Tots Self-storage stores to install boxes to donate holiday gifts Toys for Tots collection boxes will be displayed at Stor-n-Lock Self Storage stores in Utah, Colorado, Idaho and California beginning Saturday and continuing through Dec. New, unwrapped toys may be dropped off from 8 a.