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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  • 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.

    ###


  • September 05, 2017 3:30 PM | Melissa Roberts (Administrator)

    FOR IMMEDIATE RELEASE                                                                                                     9/5/17

    NEW DEVELOPMENT

    Opened in Buford, GA

    Brand new self storage facility now open in Buford, GA. Premier Storage at Hamilton Mill opened July 25, 2017. This new facility is equipped with a long list of state-of-the-art features to better serve its customers. These features include: 24 Hour Access, Auto-Pay Options, Boxes & Supplies, Rollover and After Hours Call Center, Deliveries Accepted, Dollie and Handcarts, Month-to-Month Lease Terms, No Deposit Required, Online Bill Pay Options,  Referral Rewards Program, Secure Keypad Access, Secure Units,  Security Cameras, Temperature Controlled, Tenant Insurance Available,  Well Lit Isles, and Fenced and Gated.

    This facility is the third self storage facility for owners Ken Gary and Kelly Gary and is professionally managed by Absolute Storage Management, Inc.

    For more information on Premier Storage at Hamilton Mill, please call (470) 589-7740 or visit PremierHamiltonMill.com.

    Absolute Storage Management

    Absolute Storage Management (ASM) is the largest private, third-party self-storage management company in the United States. Founded in 2002, ASM holds its headquarters in Memphis, TN with regional offices in Atlanta, GA; Charlotte, NC; Nashville, TN; and Jackson, MS. The company operates 90 properties in Alabama, Arkansas, Florida, Georgia, Illinois, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Ohio, South Carolina, and Tennessee.

     

    For further information and news about Absolute Storage Management, please go to the ASM website at www.absolutemgmt.com or contact Jasmin Jones at jasmin.jones@absolutemgmt.com or call her at (678) 779-1978.

    ###


  • September 05, 2017 12:30 PM | Melissa Roberts (Administrator)

    FOR IMMEDIATE RELEASE                                                                                                 9/5/17

    NEW DEVELOPMENT

    Happening in Hernando, MS

    Memphis TN –Absolute Storage Management (ASM) has opened a new storage facility in Hernando, Mississippi. Phase one is 55,000 square feet of climate control and is located at 2795 McIngvale Road across from Super Wal-Mart.  The firm also has construction projects underway in Atlanta, Louisville and Starkville, MS. 

    Absolute Storage Management

    Absolute Storage Management (ASM) is the largest private, third-party self-storage management company in the United States. Founded in 2002, ASM holds its headquarters in Memphis, TN with regional offices in Atlanta, GA; Charlotte, NC; Nashville, TN; and Jackson, MS. The company operates 90 properties in Alabama, Arkansas, Florida, Georgia, Illinois, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Ohio, South Carolina, and Tennessee.

     

    For further information and news about Absolute Storage Management, please go to the ASM website at www.absolutemgmt.com or contact Jasmin Jones at jasmin.jones@absolutemgmt.com or call her at (678) 779-1978.

    ###


  • August 25, 2017 2:33 PM | Melissa Roberts (Administrator)
    Feature-Packed August Update Enhances Value


    Raleigh, N.C. August 22, 2017 - SiteLink, the global leader in cloud-based software and payment processing for storage operations of all sizes, adds the Lead to Lease feature to SiteLink myHub and electronic signatures to payment receipts with SiteLink Merchant Services. The August update also expands controls for owners with an IP restrictions feature, extending SiteLink's leadership in customer service and the forward-thinking technology customers rely on to strengthen their business.

    Click here to read full press release...

  • August 09, 2017 7:47 PM | Melissa Roberts (Administrator)

    FOR IMMEDIATE RELEASE                                                                                                                             8/8/17

    Signal Mountain Self Storage Expansion

    Chattanooga Storage Facility to Expand 

    Chattanooga, TN–  Construction will continue soon at 3507 W Road. Signal Mountain Self Storage is expanding, offering many great features. Signal Mountain Self Storage offers climate controlled storage to ensure that belongings are kept in a temperate controlled environment to help resist dust, humidity, and other threats to valuables. The facility also offers month to month leasing, no long-term lease is required.

    Signal Mountain Self Storage has great security and lighting, and offers 24-hour access to tenants for a small additional monthly fee. This facility will offer many different sized units to fit the needs of everyone, these different sizes are created to help a variety of customers, whether you are in transition of building a house in nearby neighborhoods, or are a business owner looking for a space to have packages delivered, they can help with your need. This property is efficient and convenient to make storage simple for every situation. Signal Mountain Self Storage looks forward to serving citizens of Chattanooga and surrounding areas.

    For questions regarding the expansion of Signal Mountain Self Storage or Mountain Creek Grammar school, please contact property manager, Leslie Bruce, at (423) 870-7867.  

      

    Signal Mountain Self Storage

    Signal Mountain is located at 3507 W Road and has been serving the Chattanooga, Red Bank, East Brainerd, and Signal Mountain areas for several years. Signal Mountain Self Storage offers its customers temperature controlled units, online bill pay, drive up access, and a referral program. Signal Mountain Self Storage is professionally managed by Absolute Storage Management. To learn more about Signal Mountain Self Storage, please contact the property manager, Leslie Bruce, at (423) 870-7867 or visit their website at signalmountainstorage.com.

     

    Glasgow Self Storage

    Property Manager

    270-629-6404

    Glasgowss.com


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Tennessee Self Storage Association, Inc. 

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Nashville, TN 37203

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