TENNESSEE SELF STORAGE ASSOCIATION


Industry News Blog

Self Storage Industry News for Tennessee! Read here about things that impact your business!
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  • September 21, 2018 4:14 PM | Melissa Roberts (Administrator)

    SiteLink Adds Out-of-the-Box Online Rental Options to its Web Template and SiteLinkStore

    Easy, no-cost setup with simple Move-In button

    Raleigh, NC. September 21, 2018  — SiteLink, the global leader in cloud-based software and payment processing for self-storage operations of all sizes, is excited to announce new, free online move-in features for Web Edition customers.

    Highlights

         The popular SiteLink Web Template now includes online rentals

         Operators without a website can offer online payments, reservations and rentals to tenants on their own SiteLinkStore.com free website

         New feature makes it easier and available to all customers without extra cost or the need for third-party integrations

    Click here to read more...

  • September 19, 2018 4:06 PM | Melissa Roberts (Administrator)

    SiteLink Integrates with OpenTech's INSOMNIAC CIA Cloud Access Control

    Cloud-based access control streamlines gate management

    Raleigh, N.C., September 19, 2018 - SiteLink, the global leader in cloud-based software and payment processing for storage operations of all sizes, is pleased to announce a new and seamless software integrations with OpenTech Alliance INSOMNIAC Centralized Intelligent Access (CIA) gate access solution. This industry-first partnership delivers smooth, reliable 24/7 gate control to owners and operators via secure, flexible cloud-based infrastructure. 

    Highlights

    • SiteLink management software plus INSOMNIAC CIA cloud-based access eliminates dependence on local, PC-based gate software
    • Gate access functions performed seamlessly right in SiteLink anytime, anywhere
    • SiteLink primed to incorporate new gate technologies from all Marketplace partners as they become available
  • August 16, 2018 9:00 AM | Melissa Roberts (Administrator)

    FOR IMMEDIATE RELEASE                                                                August 16, 2018 

     

    2nd Quarter Results For Absolute Storage Management 

     

    MEMPHIS, Tennessee –Absolute Storage Management (ASM), a leading third-party self storage management company for self-storage facilities in the United States, announced operating results for the three months ended June 30, 2018. 

     

    2018 Highlights for Three Months Ended June 30, 2018: 

    ·         Increased same-store revenue by 5.1% vs. the same period in 2017.  

    ·         Reported same-store unit occupancy increase of 1.5% vs. the same period in 2017. 

    ·         Acquired management of five (5) facilities at completion of construction.   

     

    2018 Highlights for Six Months Ended June 30, 2018: 

    ·         Increased same-store revenue by 5.7% vs. the same period in 2017.   

    ·         Reported 1.5% increase same store sq ft occupancy vs. the same period in 2017.    

    ·         Acquired management of eight (8) operating facilities and five (5) facilities at completion of construction.  

     

    ASM’s 2018 same store pool consists of 63 stabilized properties managed since January 1, 2017. The outstanding income growth that these properties displayed is a direct result of ASM’s expertise in revenue and occupancy management. This management is monitored by committed team members and is accomplished by increasing existing tenant rates and proper management of local street rates.  

     

    “We are extremely proud of the efforts of our team members and their commitment to success,” stated Jennifer Barnett, Chief Operations Officer. “With occupancy levels at such high percentages, it is no easy task for our team to continue to generate such excellent year-over-year gains.” 

     

    ASM actively manages 107 properties in 13 states. Over the three-month quarter ending June 30, 2018, ASM gained management of the following properties in the United States: Eastside Self Storage in Snellville, GA; Starkville Storage in Starkville, MS; Melrose Storage in Nashville, TN; Arlington Climate Controlled Storage in Arlington, TN; and New Shackle Self Storage in Hendersonville, TN.  

     

    Absolute Storage Management  

    Absolute Storage Management (ASM) is one of the largest private, third-party self-storage management company in the United States. Founded in 2002, ASM’s headquarters are in Memphis, TN with regional offices in Atlanta, GA; Charlotte, NC; Nashville, TN; and Jackson, MS. The company’s mission is to grow successful partnerships with customers, team members, and investors by delivering excellence in service.  

     

    For further information and news about Absolute Storage Management, please go to the ASM website at www.absolutemgmt.com. Contact Jasmin Jones at jasmin.jones@absolutemgmt.com. 

     

    ### 

    Grace Anderson
    Director of Marketing at Absolute Storage Management, Inc.

    A  1630 Bonnie Lane Suite 106 Memphis, TN 38016
    P 901-737-7336 x705  E grace.anderson@absolutemgmt.com  W AbsoluteMGMT.com


  • August 01, 2018 8:00 AM | Melissa Roberts (Administrator)

    Self-storage customers recognize dedication to service, cutting-edge technology

    Raleigh, N.C. August 1, 2018 — SiteLink, the global leader in cloud-based software and payment processing for self-storage operations of all sizes, announces its 8th consecutive Best of Business award for Best Management Software from Inside Self-Storage (ISS). Every year since the award’s 2011 inception, self-storage operators vote for their favorite providers in more than 35 industry categories and have consistently awarded SiteLink this top honor. ISS lists all 2018 winners on its website and will be featured in their November issue. It comes as no surprise that SiteLink is voted the software of choice, with more than 15,000 self-storage locations served worldwide.

    Click here for full press release

  • March 19, 2018 10:28 PM | Melissa Roberts (Administrator)

    Memphis, TN – February 26, 2018 – 2017 was a milestone year for Absolute Storage Management (ASM). The company celebrated its 15-year anniversary and added it’s 100th property under management. Over the past 15 years, this small but fastidious three-partner team grew from managing one property to now managing over 100 properties in 13 states and employing 250+ team members. Originally headquartered only in Memphis TN, ASM now has offices in Memphis, Nashville, Atlanta, Charlotte and Jackson MS.

    Read full press release...

  • March 06, 2018 1:42 AM | Melissa Roberts (Administrator)

    March 5, 2018

    A+ Storage of Tennessee, LLC Manager Wins State Honor, Manager of the Year

    FOR IMMEDIATE RELEASE

    Nashville, TN, March 5, 2018 - A+ Storage of Tennessee, LLC is happy to announce that Michelle Engler, Property Manager of the Mt. Juliet Providence location for of A+ Storage of Tennessee, LLC, has been chosen by the Board of Directors of the Tennessee Self Storage Association as its Manager of the Year for 2017.

    See full press release here.

  • March 06, 2018 1:41 AM | Melissa Roberts (Administrator)

    FOR IMMEDIATE RELEASE February 28, 2018

    Fourth Quarter 2017 and Year End Results For Absolute Storage Management

    MEMPHIS, Tennessee –Absolute Storage Management (ASM), a leading private, third-party management company for self-storage facilities in the United States, announced operating results for the three months and year ended December 31, 2017.

    Click here to see full press release

  • December 22, 2017 12:05 PM | Melissa Roberts (Administrator)

    Raleigh, N.C. December 18, 2017 - SiteLink, the global leader in cloud-based software and payment processing for self-storage operations of all sizes, announces 2017 as another record-breaking year in all areas of operations.

    Read full press release...

  • November 22, 2017 5:19 AM | Melissa Roberts (Administrator)

    Include Charitable Giving and Watch Your Business Grow - Click Here for Webinar

    Kure It Cancer Research donation option integrated into SiteLink Software

    by Sue Creaser

    It’s safe to say that cancer has in some way touched the lives of most people. Take that a step further, I’d argue that most people also would cheerfully donate a small amount to cancer research if given the opportunity to easily make that donation. What if there’s a simple way to connect with your customers and the community, improve the reputation of your business (which increases rentals), all while helping a very worthy cause?

    It’s the season of giving, and in this spirit SiteLink is announcing its partnership with Kure It Cancer Research to incorporate a unique charitable giving process right into the SiteLink Web Edition software you use every day.

    Creating a Culture of Giving

    It’s human nature to want to make an impact on an important issue. Studies have shown that more than 80% of consumers seek out socially responsible businesses, and most are willing to make personal sacrifices for the greater good. In addition, about 80% would tell friends and family about a company’s efforts to be socially responsible.

    Another recent study revealed that 69% of millennials really want companies to provide the opportunity to give back, and about 9 in 10 would actually switch brands to be with one associated with a cause.

    Intrigued yet? Plainly stated, if a customer is deciding between your operation and the one across the street that doesn’t have a donation option, odds are they’ll choose yours.

    What is Kure It Cancer Research?

    Kure It Cancer Research was established in 2007 by Barry Hoeven, Chairman and Founder of US Storage Centers, who battled kidney cancer for 18 years. When diagnosed, Barry discovered a significant lack of funding for research in this type of cancer. Kure It Cancer Research began as a fund for kidney research (hence the “K” in Kure It) and quickly grew into an independent non-profit organization with a mission to advance research in kidney and other underfunded cancers. To date, over $6M has been raised allowing Kure It to make an impact on countless lives across the country.

    Although Barry passed away in 2016, his vision and hope for a cure continues in partnerships like this one with SiteLink.

    How Kure It Donations Integrate with SiteLink

    SiteLink has made it easy to incorporate Kure It Cancer Research tenant donations into your self-storage business. First, an operator adds charges for “Kure It Donation” and “Kure It Recurring” to their SiteLink system. Then, map those charges to a Kure It income account so the collected donation income can be automatically separated from your tenant income by your accounting software. SiteLink also created a custom Kure It Payment Report that displays every Kure It donation collected and owed to Kure It over any given time period. The facility owner works directly with Kure It to send the payments. Many companies will also contribute their own set amount or percentage of income in addition to tenant generated donations. This helps connect the business with the customer in a shared cause.

    During move-in (or anytime thereafter), a manager simply asks a tenant if they’d like to “Round Up for Research” or make any donation to Kure It, either as a one-time donation or recurring monthly charge. Tenants may even stipulate that recurring donations be one amount, but make a separate one-time payment at move-in for a different amount. The manager then adds a “Kure It Donation” or “Kure It Recurring” charge to the account, enters the amount, and it’s added to their bill.

    US Storage Centers, with more than 80 self-storage facilities across the United States, has taken this to the next level by matching 100% of every 50 cent donation made. They also invested in custom web development to offer a Round Up For Research option during their online move-in process.

    It’s a Good Time to Get Started

    Studies show that it’s a good idea to embrace charity as part of your company culture; SiteLink and Kure It have made this easy for self-storage operators. With November 15th celebrated as National Philanthropy Day, SiteLink and Kure It have put together a webinar that explains how creating a culture of giving is not only good for the community but also good for business.


  • November 18, 2017 7:00 AM | Melissa Roberts (Administrator)

    FOR IMMEDIATE RELEASE                                                                                                                   November 17, 2017

    3rd Quarter Results Reflect Continued Growth

    For Absolute Storage Management

    MEMPHIS, Tennessee –Absolute Storage Management (ASM), a leading private, third-party self storage management company for self-storage facilities in the United States, announced operating results for the three months ended September 30, 2017.

    2017 Highlights for Three Months Ended September 30, 2017:

    • Increased same-store revenue by 4.2% vs. the same period in 2016.
    • Reported same store occupancy of 86.5% as of September 30, 2017. Compared to 84.8% as of September 30, 2016.
    • Acquired management of two facilities at completion of construction.  

    2017 Highlights for Nine Months Ended September 30, 2017:

    • Increased same-store revenue by 5.9% vs. the same period in 2016. 
    • Acquired four operating facilities and nine facilities at completion of construction.

    ASM’s 2017 same store pool consists of 57 stabilized properties managed since January 1, 2016. The outstanding income growth that these properties displayed is a direct result of ASM’s expertise in revenue and occupancy management. This management is monitored by committed team members and is accomplished by increasing existing tenant rates and proper management of local street rates.

    ASM reports no substantial damage to properties from Hurricanes Harvey, Irma or Maria; however, the hurricanes were cause for issues including property inaccessibility, minor property damages, power outages, phone outages, and team member availability shortages.

    As of quarter end, ASM actively manages 96 properties in 13 states. Over the quarter, ASM gained two total properties in the Southeastern United States. These properties include Scenic City Self Storage in Chattanooga, TN and Hernando Self Storage in Hernando, MS.

    Absolute Storage Management

    Absolute Storage Management (ASM) is a leading provider of private, third-party self-storage management in the United States. Founded in 2002, ASM’s headquarters are in Memphis, TN with regional offices in Atlanta, GA; Charlotte, NC; Nashville, TN; and Jackson, MS. The company’s mission is to grow successful partnerships with customers, team members, and investors by delivering excellence in service.

    For further information and news about Absolute Storage Management, please go to the ASM website at www.absolutemgmt.com. Contact Jasmin Jones at jasmin.jones@absolutemgmt.com.

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