INDUSTRY NEWS
Some informative articles to help you stay current with the industry.
 
Craig Brown, Senior Project Manager,  Awarded Tech-Fast Employee of the Year for 2005
 

Craig Brown, Senior Project Manager for Tech-Fast Self Storage Buildings has been selected as the Employee of the Year for 2005.  Read about Craig's commitment to superb customer service and expertise in every Tech-Fast project. … more

 
Peter Handford, Construction Coordinator, Wins 2004 Employee of the Year Award
 

Tech-Fast Self Storage Buildings announces 2004 Employee of the Year Award winner, Peter Handford, and explains how Peter uses his expertise to help ensure the success of each Tech-Fast project. … more

 
To Get an Award-Winning Facility, Work with an Award-Winning Builder
 

Storage Central in Redmond, Oregon was named the 2004 New Facility of the Year Award winner by Mini-Storage Messenger magazine. As the designer and building supplier for this state-of-the-art facility, Tech-Fast is proud to announce this achievement and demonstrate how you, too, can build an award-winning facility. … more

 
Planning for the Unpredictable:
Managing Volatile Costs and Unforeseen Events in the Self-Storage Development Process
  With the rising price and reduced availability of steel building products, self-storage developers need to focus more than ever on short-term contingency planning and long-term goals. Dave Cook discusses how to plan for and mitigate the effects of cost increases and other unpredictable events that may occur during the self-storage development process....more
 
The Escalating Price of Steel:
How Will Increases Impact Self-Storage Development?
  As part of our commitment to keeping you informed of industry issues, we believe this article published in the March edition of a national trade publication for the self-storage industry will be of keen interest to you. It further expands on some of the global issues that are affecting steel costs and their impact on self-storage development...more
     (Reprinted with the permission of Mini-Storage Messenger magazine)
 
Get to Know Your Tech-Fast Rep. and Get a Special Deal
  We'd like you to get to know your Tech-Fast sales rep., so we're offering you a special deal: call us by April 15 and get a free site layout (a $1,500 value). And, we'll conduct a review of your construction cost estimates to make sure they're on track...more
 
Chris Baruso, Project Manager, Wins Employee of the Year Award
  Why is this important news for you? Well, you may not know what a project manager does to help you get your self-storage project built on time and within budget. And, you may not know how important excellent customer service is to Tech-Fast, which is why Chris was honored in the first place...more
 
The Impact of Design: The Importance of Creating Exceptional Self-Storage Facilities
  For the past three decades, self-storage facilities have been known for their long rows of one-story buildings and brightly painted roll-up doors. Although these self-storage facilities were built to be functional and economical, the buildings themselves were often less than attractive. Today, however, the look of self-storage is evolving...more
     (Reprinted with the permission of Mini-Storage Messenger magazine)
 
Maximizing Tax Benefits When Acquiring or Developing Self-Storage Facilities
  The acquisition and/or development of a self-storage facility is most often treated by operators like other real estate for income tax purposes. In the typical case, the purchase price is divided between land and buildings in the ratio of...more
 
Hydronic Heating
  The Laws of Thermodynamics continue to challenge self-storage design innovation. While relative humidity, condensation and traditional forced air distribution systems are being reevaluated in the current toxic mold and mildew environment, commercial hydronic radiant heating has begun to see a wide acceptance within the U.S. and European design communities as an alternative to forced-air heating systems. As a result, today’s self-storage developers, owners and operators are beginning to embrace radiant heating...more
     (Reprinted with the permission of Mini-Storage Messenger magazine)
 
Phasing Your Self-Storage Project: Why Building In Phases Can Increase Profits
  No matter what industry you’re in, phasing and expanding are synonymous. After all, the best projects always leave space to expand when the time is right. And timing is everything...more
     (Reprinted with the permission of Mini-Storage Messenger Magazine)
 
Self-Storage In Canada: Evaluating The Industry of America's Northern Neighbor
  Barry Ghiglione of Saskatoon, Saskatchewan, is about to break ground on his first self-storage facility. He has been involved in the equipment rental business for some time, and he thinks the time is right to capture his share of the self-storage market. Ghiglione is not alone. In fact, the self-storage industry in Canada has been making great strides both in numbers and sophistication over the past five years...more
     (Reprinted with the permission of Mini-Storage Messenger magazine)
 
The Northeast: A Market Of Contradictions
  The Northeast has consistently been one of the strongest markets in the country for self-storage. Rental rates and sales prices have confirmed this strength and have also invited new competition to join in the good times. However, this simple picture of the Northeast market becomes somewhat more complex as we become more discriminating about the underlying data and trends...more
     (Reprinted with the permission of Mini-Storage Messenger Magazine)
 
Los Angeles, California: How Is Self-Storage Faring In The City Of Angels?
  Los Angeles is often called the city of angels, derived from the Spanish origin of the city name. In the self-storage market, the angels can be elusive in this immense region...more
     (Reprinted with the permission of Mini-Storage Messenger magazine)
 
The Carolinas: The Magnolias Are In Bloom—Is Self-Storage?
  It’s easy for folks in other parts of the country to sometimes overlook the Carolinas as an economic force. One might find it surprising that these states together have the same population as Illinois and half again the land area. It also might be of interest to find out where the home office of your bank is located, as some of the largest and most powerful of the national banks are located in the Carolinas. The area is growing rapidly with high-tech employers and a great lifestyle, drawing people from all over the country....All of the attributes of these two beautiful states have caused self-storage to become abundant throughout the area. But what is the state of the market in the Carolinas...more
     (Reprinted with the permission of Mini-Storage Messenger magazine)
 
The Pitfalls of Construction
  All developers whether new to construction or experienced in many projects have the need to do their due diligence, establish a plan, assemble a team and create a communication system that will allow for the best possible project to be built.

These fundamentals are crucial to the successful construction of a self-storage project. As we listen to our clients talk to us about their business plan and expectations from their supplier/erector we are continually reminded by them how important the schedule and budget are to their financial success. After all, isn’t it every developer’s desire to bring their project in on budget and on time? I haven’t met a developer/owner yet who wouldn’t answer this question with a resounding YES! And then throw in another qualifier by saying, “and don’t forget to meet my high quality standards too” ...more
     (Reprinted with the permission of Mini-Storage Messenger magazine)
 



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