Moving and Storage Business News

The News Review:

- Chartwell Introduces Commercial Storage Insurance Program
- Amerco Buys Atlanta Self-Storage Facility for $2.75M
- Amazing Spaces Storage Centers Expands and Restructures for 2009 …
- Xyratex Ltd. Q4 2008 Preliminary Earnings Call Transcript
- Dell moving into GlassHouse?
- Ekovich Leaves Marcus & Millichap Self-Storage Group

Chartwell Introduces Commercial Storage Insurance Program
MSNBC 
Working exclusively through independent agents and brokersChartwell is distributing this program nationwide. The CSI Program offersin-depth industry expertise; coverage terms and conditions which areamong the broadest in the industry; as well as extremely competitive ratesfor warehouse and storage accounts of all sizes. “ur program offers tremendous value and expertise to the warehouse andstorage industry with coverage available from top-rated insurancecompanies” said Merle Harris Vice President at Chartwell IndependentInsurance Brokers. “Chartwell is partnering with independent agents andbrokers as our exclusive strategy to distribute this product. Retail agentsand brokers play a critical role in understanding their clients’ businessand risk requirements and are uniquely positioned to help packagesubmissions and structure coverage in order to obtain the best results. The CSI Program will meet the insurance needs of the vast majority ofwarehouse and storage facilities. ne of the core products is a turnkeyinsurance solution for self-storage facilities — which is an exclusiveproduct for this class available through Chartwell.
Related from Managementmonster: Chartwell Strengthens Senior Management Team

Amerco Buys Atlanta Self-Storage Facility for $2.75M
Inside Self-Storage AZ 
75 million or about $4166 per unit. William Charles Smith Revocable Trust was the seller.

Amazing Spaces Storage Centers Expands and Restructures for 2009 …
PR.com (press release) NY 
AmazingSpacesFranchise. n January 5 the company welcomed Mike Gately as its new Director of perations. Mike will be in charge of overseeing all property management preparing budgets reviewing property expenses and performing numerous other duties. In his former position at Hendry Investments Inc. located in San Antonio Mike served as Vice President of Property Management. He joins Amazing Spaces with over 25 years of property management experience.

Xyratex Ltd. Q4 2008 Preliminary Earnings Call Transcript
Seeking Alpha NY 
ngoing data growth will drive ongoing demand for data storage systems. In addition we believe our business model will become even more compelling for a number of our target customers as they consider areas to optimize their businesses reducing fixed costs and partnering with Xyratex for their storage system needs. Moving on now to our Storage Infrastructure business revenue of $63. 1 million in the fourth quarter was in line with our expectations. Demand from both our primary customers for the full year was down versus our expectations at the beginning of the year as a result of the focus placed by the industry in minimizing CapEx investment through 2008. Additional production capacity was highly weighted towards the second half of the calendar year in line with the fading of end user disc drive demand. Looking forward to 2009 we anticipate similar fading with the majority of end user customer demand fully in the calendar second half.

Dell moving into GlassHouse?
Register UK 
In the spring of 2008 it entered a strategic partnership with Dell made another acquisition – and then the recession happened. The company has started firing people as it cuts costs and drives towards profitability in the words of Curtis Preston one of the world’s most influential bloggers about backup technologies and procedures. What is going on?GlassHouse Technologies was founded in 2001 by Mark Shirman and Richard Scannel to provide vendor-independent services and consulting. It has a storage heritage and has expanded into data protection virtualisation data centre services and managed services. Product sales were.

Ekovich Leaves Marcus & Millichap Self-Storage Group
Inside Self-Storage AZ 
 He was a regional manager overseeing development in central Florida for the past 10 years and also served as the national director of the company’s self-storage group. Ekovich began working with the firm in 1988 in Palo Alto Calif. before opening the Tampa office of Marcus & Millichap in 1998. He oversaw the Tampa rlando and Jacksonville offices for the firm. Ekovich is a contributor to.