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Self storage (a shorthand for "self-service storage," and also known as "device storage") is an industry that rents storage space (such as rooms, lockers, containers, and/or outdoor space), also known as "storage units," to tenants, usually on a short-term basis (often month-to-month). Self-storage tenants include businesses and individuals.
Within three months, the first location was breaking even with a 35 percent occupancy. [6] The units were rented for a similar price per square foot as apartments or office space, but cost 35 to 50 percent less to build and maintain. [6] [7] A property management subsidiary called Public Storage Management Inc. was formed in 1973.
The origins of Life Storage, formerly known as Sovran Self Storage, can be traced back to 1982, when it was founded as a financial planning firm in Buffalo, New York. Three years later, in 1985, the company entered the self-storage industry by opening its first facility in Florida , eventually accumulating around 30 such facilities along the ...
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Mail storage is a type of on-demand self storage whereby customers send items by mail or delivery service (usually by the box) to be stored at a central location. [1] It may be a viable option for people who prefer 'pay-as-you-go' storage, in which only items that are stored are charged storage fees, rather than renting a larger storage unit that may not be fully utilized.
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