News
Surprise new Storage Business open in Knysna Central
StorageCentral, Knysnas first centrally situated storage facility will open for business in the Knysna Mall in November this year. The storage facility will offer 90 storage units of various sizes for short term rentals. After lengthy negotiations with Old Mutual (owners of the Mall), agreement has been reached and a self storage site plan agreed that will pave the way for a new Self Storage facility to be called “Storage Central” - right in the middle of Knysna. Units sizes will range from half size parking’s, to full size parking’s, doubles as well as triple size units. Each customer will...
First Self Storage business opens its doors in Knysna Central
– (US Property firm comments on the Self Storage Industry ) Marcus & Millichap, a US commercial property-investment firm serving the US self-storage industry, has released its semi-annual national self-storage report for the second half of 2016. The four-page report covers key factors driving self-storage use including job growth, industry capitalization (cap) rates, demographic trends, occupancy and property sales “The self-storage market is well-positioned for the second half of the year as a reasonably resilient economy, healthy population growth and rising disposable income support improving property fundamentals,” company analysts wrote. The report cautions that an influx of storage development in...