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Self-storage facilities rent space on a short-term basis (often month-to-month, though options for longer-term leases are available) to individuals (usually storing household goods; nearly all jurisdictions prohibit the space from being used as a residence) or to businesses (usually storing excess inventory or archived records). [2]
SpotHero was founded by Mark Lawrence and Jeremy Smith in Chicago in 2011, with co-founder Larry Kiss joining the company soon after. [3] [4] The company started out as a peer-to-peer parking marketplace, where people could rent out their own private parking spots, before expanding the platform to partner with parking companies and garages.
In 2005, entrepreneur Dallas Tanner and several others formed the housing and apartment investment company Treehouse Group in Arizona. [5] Between 2010 and 2011, it bought 1,000 distressed houses in Phoenix, Arizona, a city heavily impacted by foreclosures caused by the subprime mortgage crisis [2] and one of the first areas where private equity investor purchases of homes for rent took place ...
Garage-apartment: an apartment over a garage; if the garage is attached, the apartment will have a separate entrance from the main house. Garlow: a portmanteau word "garage" + "bungalow"; similar to a garage-apartment, but with the apartment and garage at the same level.
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Parking facilities can be divided into public parking and private parking. [5] Public parking is managed by local government authorities and available for all members of the public to drive to and park in. Private parking is owned by a private entity. It may be available for use by the public or restricted to customers, employees or residents.
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Rodger Ian Dudding (born 21 December 1937) [1] is a British business magnate in the self-storage industry. [2] Nicknamed "Mr Lock Up" by customers and "RD" by staff, [3] [2] Dudding owns more than 12,000 garages and as of February 2015 was worth an estimated £162 million, making him "the largest private owner of garages" in the United Kingdom.
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