Extra Space Storage Inc. opened its newest property in Baltimore. Extra Space Storage of Baltimore offers commercial and residential self-storage, ample off-street parking and 24-hour video surveillance.

"We are proud to be part of this lively, diverse community and can't wait to meet all of our new neighbors," said Richard Miller, district manager for Extra Space Storage.

The building's units, which range in size from 25 to 300 square feet, are open every day of the year. The facility is offering a move-in special: two months of free storage. Some restrictions apply.

Headquartered in Salt Lake City, Extra Space owns or operates 786 self-storage properties in 33 states and Washington, D.C. The company’s properties comprise approximately 510,000 units and more than 55 million square feet of rentable space.

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Highlands Storage, a 59,102-square-foot self-storage facility in Lakeland, Fla., sold for $1.25 million to a Florida-based private investor. Built in 2007, the facility is situated on approximately 4 acres. The property includes one multi-story, climate-controlled building with a manager’s office. Michael A. Mele, vice president of investments and senior director of the National Self Storage Group for Marcus & Millichap Real Estate Investment Services, had the exclusive listing to market the property. 

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Extra Space Storage Inc., a self-storage real estate investment trust, is partnering with TRI Products to provide electronic-waste (e-waste) recycling at 12 of its facilities in Southern California.

Residents in San Diego, Orange, Los Angeles and San Bernardino counties can drop off their end-of-life electronics for free to be recycled safely and securely.  

In 2007, 3 million tons of e-waste was generated in the United States, according to a press release from Extra Space Storage. Of this amount, only 410,000 tons or 13.6 percent was recycled, according to the U.S. Environmental Protection Agency. The rest was trashed in landfills or incinerators.

Accepted items include computers, monitors, printers, motherboards, TVs, VCR and DVD players, fax machines, phones and more. Items will be accepted Monday through Saturday from 9:30 a.m. to 6 p.m.

TRI Products recycles more than 20 million pounds of scrap annually. Licensed by the State of California, the company fully complies with all EPA regulations.

Headquartered in Salt Lake City, Extra Space owns or operates 786 self-storage properties in 33 states and Washington, D.C. The company’s properties comprise approximately 510,000 units and more than 55 million square feet of rentable space.

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After an article that ran in last week’s Boston Herald about the $650 Jeanette Spencer owed to Planet Self Storage and the risk she faced of losing her stored belongings, reader Ronnie Martin paid her bill in full.
 
Seventy-year-old Spencer had been homeless for more than a year until she recently landed an apartment in a low-income complex for the elderly in Roxbury, Mass. The trouble was she hadn’t paid rent on her self-storage unit for several months, and her goods were slated to go to auction, pursuant to the state’s self-storage lien laws.
 
Martin, a Natick, Mass.-based contractor, paid Spencer’s bill, which allowed her to retrieve her items from storage, including a recliner, kitchen set and family photos.
 
Source: Boston Herald, Herald reader helps save woman’s belongings
 
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The New York Self Storage Association (NYSSA) and the national Self Storage Association (SSA) hope to exclude self-storage from a bill being considered by the state legislature that would add regulation to auction procedures. The bill’s purpose is to prohibit acceptance of “sham” or “chandelier” bids by auctioneers without disclosure. The existing state law doesn’t regulate the use of sham bids by auction houses.
 
S4313B, “An Act to Amend the General Business Law, in Relation to Auction Requirements,” grew out of an 18-month investigation into auction practices in the art world. The study uncovered sham bids were allegedly being used by some auction houses to obtain fake bids that met or exceeded some items’ reserve prices. A sham or chandelier bid is any bid for which there is no bona fide offer or bidder.
 
Provisions of S4313B include:

• The auctioneer will be held responsible for the truth of statements contained in any catalogue.
• It must be disclosed if an auctioneer or auction house has any interest in an article being auctioned.
• If there is a reserve price, it must be disclosed that the item/lot is being sold subject to reserve.
• Detailed information must be provided about any jewelry being sold.
• The auctioneer shall issue an invoice to each purchaser with specific information.
• Each auction sale must be advertised at least once in the seven days preceding the auction.
• If the reserve price is not bid, the auctioneer may withdraw a lot from sale.

The NYSSA and SSA have offered an amendment that has been adopted into the bill. The modification protects self-storage lien activities where safeguards are already in place. It reads:
 
Notwithstanding any other provision of law, this section shall not apply to auction sales conducted pursuant to an order of a court of competent jurisdiction, including an order of a bankruptcy judge or trustee, or a sale of secured property pursuant to the uniform commercial code, or the sale of property which is subject to a lien or assignment pursuant to the laws of the state of New York.
 
To read more about S4313B, visit http://open.nysenate.gov/legislation/bill/s4313B.

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Florida self-storage operators Budget Self Storage and Florida’s Storage Solution have joined the GreenSite e-waste drop-off program launched in May by Florida E-Waste Recycling.
 
Ten of Budget’s facilities have been authorized to serve as drop-off locations for computers, monitors, cell phones, toner cartridges and other electronic waste. The sites are in Bradenton, Clearwater, Sarasota, St. Petersburg, Tampa and Valrico, Fla. Budget will donate a percentage of its proceeds from the recycling to local charities, according to Jon Dorman, vice president of Budget Management.
 
Thirteen Storage Solution sites are also designated GreenSite locations. These are in Bartow, Bradenton, Brandon, Dundee, Land O’ Lakes, Largo, Odessa, Sarasota, Spring Hill, Tampa, Trinity and Winter Haven, Fla.
 
Based in Tampa, Fla., Florida E-Waste Recycling provides solutions for recycling e-waste and batteries. It also offers hard-drive-destruction services and will buy some used computers. Mark Sage, managing partner, said the company will continue to add GreenSite locations throughout the state. 
 
Source: Creative Loafing Tampa, More locations added to Florida E-Waste Recycling's drop-off sites

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U-Store-It Trust, a real estate investment trust focused on self-storage facilities, will release financial results for the three months ended June 30, 2010 on Aug. 5. An accompanying conference call will be held at 11 a.m. ET on Aug. 6 to discuss its financial results.

Those interested in participating in the call can dial in by phone or log in through UStorIt.com. To participate by phone, call in 15 minutes early using the number 877.317.6789 (international callers use 412.317.6789) to register.

After the live Web cast, the call will remain available on U-Store-It's website for 30 days. In addition, a telephonic replay of the call will be available until Sept. 6, 2010. The replay dial-in number is 877.344.7529 for domestic callers (international callers use 412.317.0088). The reservation number for both is 442326.

Based in Wayne, Pa., U-Store-It owns or manages 462 facilities nationwide and operates the U-Store-It Network, which consists of approximately 709 additional self-storage facilities.

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Island Self Storage, which opened in Bermuda in May, debuted its dedicated wine storage last week.   

The facility features wine storage lockers in varying sizes, with the largest capable of holding roughly 130 cases. The lockers’ temperature stays between 55 and 58 degrees with the humidity not exceeding 70 percent. A back-up generator ensures humidity and temperature control even if the power goes out.

The facility’s owners spent several months heavily marketing the facility. Brochures detailing Island Self Storage’s services and amenities were distributed in November and December to commercial renters and condo developers, followed by a billboard campaign in January and February, and website and advertising promotions. The facility had 20 percent leaseup by March, and gained three wine-storage renters last week.

Island Self Storage was developed by Don Mackenzie, chairman of New Venture Holdings Ltd., in collaboration with business consultant Glen Smith, president of Island Solutions (Bermuda) Ltd.

In addition to the wine lockers, the facility has 300 self-storage units in a variety of sizes, a retail shop for packing supplies, fax and photocopy services. It’s located near one of the island’s biggest industrial estates.

Tenants can access their wine lockers any time with their own lock and code. The facility also features surveillance cameras.

Source:  The Royal Gazette,  Island Company Opens Wine Storage Facility

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Suffolk County Police in N.Y., arrested a man July 4 for possession of fireworks with the intent to sell.

Elham Hamin, 20, was arrested around 11 a.m. in the parking lot of 5^th Avenue Self Storage in Bay Shore, N.Y. Hamin allegedly had $400 worth of fireworks in his vehicle.

The fireworks, which included multi-launch rockets and shells, were removed from the vehicle by a special emergency team. Hamin was charged with unlawfully dealing with fireworks.

Source:  Long Island Press,  Brentwood Man Busted For Fireworks

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