Preparing to Purchase a Self Storage Facility, Part 1:
Building Your Team of Professionals,
Before You Start Looking for Properties

Preparing to Purchase a Self Storage Facility, Part 1:<br />Building Your Team of Professionals,<br />Before You Start Looking for Properties

In the last few years, self storage has become an increasingly popular investment, in great part because returns over the last 15 years averaged 15.43% per year. Compared to some investments, self storage also seems easier to understand with less moving parts. With approximately 83% of self storage facilities owned by “Mom & Pop” operators, [...

Read More »

IRE Announces the Sale of A+ Self Storage in Gettysburg, PA

IRE Announces the Sale of A+ Self Storage in Gettysburg, PA

PRESS RELEASE: York, PA – May 25, 2017 – Sale of A+ Self Storage in Gettysburg, PA Investment Real Estate, LLC announces the sale of A+ Self Storage for $1,625,000 to a private investment group. A+ Self Storage is located in Gettysburg, PA in Adams County. A+ Self Storage consists of two locations and was built in […]

Read More »

Property Manager Spotlight: Tyranni Rineer

Property Manager Spotlight: Tyranni Rineer

Getting to Know Tyranni Rineer… In December of 2013, Tyranni Rineer joined the Investment Real Estate Management (IREM) team as the Property Manager for Moove In Self Storage located in Quarryville, PA. Quarryville is about 18 miles south of Lancaster city. Tyranni came to IREM with a history of eight years of extensive retail management […]

Read More »

Preparing to Buy a Self Storage Facility

Preparing to Buy a Self Storage Facility

Preparing to Buy a Self Storage Facility Making the Right Investment Strategy Are you preparing to buy a self storage facility? In the last few years, self storage has become an increasingly popular investment, in great part because returns over the last 15 years averaged 15.43% per year. Compared to some investments, self storage also […]

Read More »

IRE Announces Sale of Chestnut Mill Storage in Souderton, PA

IRE Announces Sale of Chestnut Mill Storage in Souderton, PA

PRESS RELEASE: York, PA – March 23, 2017 – Sale of Chestnut Mill Storage in Souderton, PA Investment Real Estate, LLC announces the sale of the Chestnut Mill Storage for $1,350,000 to a private investor. Chestnut Mill Storage is located in Souderton, PA in Montgomery County. Chestnut Mill Storage consists of one building which was converted to self...

Read More »

Preparing to Place Your Self Storage Business for Sale

Preparing to Place Your Self Storage Business for Sale

“Buy low, sell high.” It’s a maxim that we are all familiar with, but fail to apply. The real estate market typically follows predictable cycles every 7-10 years. Property values reach an all time high, hold steady for a short time, then the market levels off and eventually crashes. Understanding the various stages of this […]

Read More »

IRE Hires Vicki Hinson as Controller

IRE Hires Vicki Hinson as Controller

PRESS RELEASE: York, PA – February 28, 2017 – IRE Hires Vicki Hinson as Controller Investment Real Estate, LLC announces the hiring of Vicki Hinson as Controller. Vicki joined IRE in January and works directly with Joe Braun, CFO. She is responsible for managing the daily accounting functions for the Investment Real Estate Group of Companies, inclu...

Read More »

IRE Promotes Jason Carl to Director of Operations

IRE Promotes Jason Carl to Director of Operations

PRESS RELEASE: York, PA – February 14, 2017 – IRE Promotes Jason Carl to Director of Operations John Gilliland, President & CEO of Investment Real Estate, LLC proudly announces the appointment of Jason Carl to Director of Operations. Mr. Carl started with the company as a Property Manager and most recently held the position of District Manager....

Read More »

IRE Hires George Hatchard as Brokerage Advisor

IRE Hires George Hatchard as Brokerage Advisor

PRESS RELEASE: York, PA – February 2, 2017 – IRE Hires George Hatchard as Brokerage Advisor Investment Real Estate, LLC announces the hiring of George Hatchard as Brokerage Advisor. George is responsible for self storage brokerage activity including listings, sales, buyer representation, due diligence, financial analysis and feasibility studies for...

Read More »

IRE Announces Sale of Storage Concepts in Hamburg, NJ

IRE Announces Sale of Storage Concepts in Hamburg, NJ

PRESS RELEASE: York, PA – November 11, 2016 – Sale of Storage Concepts in Hamburg, NJ Investment Real Estate, LLC announces the sale of Storage Concepts for $5,942,000 to a private investment group. Storage Concepts is located in Hamburg, NJ in Sussex County, and was sold as part of a three property portfolio. Storage Concepts is comprised of three...

Read More »

IRE Announces Sale of Storage Concepts in Dingmans Ferry, PA

IRE Announces Sale of Storage Concepts in Dingmans Ferry, PA

PRESS RELEASE: York, PA – October 27, 2016 – Sale of Storage Concepts in Dingmans Ferry, PA Investment Real Estate, LLC announces the sale of Storage Concepts for $3,213,000 to a private investment group. Storage Concepts is located in Dingmans Ferry, PA in Pike County, and was sold as part of a three property portfolio. Storage Concepts has three...

Read More »

IREC Completes Expansion at Moove In Self Storage in Quarryville, PA

IREC Completes Expansion at Moove In Self Storage in Quarryville, PA

PRESS RELEASE: York, PA – October 20, 2016 – IREC Completes Expansion at Moove In Self Storage in Quarryville, PA Investment Real Estate Construction, LLC (IREC) announces the completion of the final phase at Moove In Self Storage in Quarryville, PA. Moove In Self Storage is located in Lancaster County, PA, on Lancaster Pike (Route 272) in [...

Read More »

IREM Hires Julie Casella as Property Manager

IREM Hires Julie Casella as Property Manager

PRESS RELEASE: York, PA – October 6, 2016 – IREM Hires Julie Casella Investment Real Estate Management, LLC (IREM) has hired Julie Casella as Property Manager. Julie joined IREM in August 2016 and is responsible for managing the Quarryville, PA location of Moove In Self Storage. Her duties include daily operations of the self storage facility [...

Read More »

IRE Announces Sale of Storage Concepts in Middletown, NY

IRE Announces Sale of Storage Concepts in Middletown, NY

PRESS RELEASE: York, PA – September 29, 2016 – Sale of Storage Concepts in Middletown, NY Investment Real Estate, LLC announces the sale of Storage Concepts for $5,345,000 to a private investment group. Storage Concepts is located in Middletown, NY in Orange County, and was sold as part of a three property portfolio. Storage Concepts consists of fi...

Read More »

IRE Announces Sale of Rick’s Storage in Batavia, NY

IRE Announces Sale of Rick’s Storage in Batavia, NY

PRESS RELEASE: York, PA – September 22, 2016 – Sale of Rick’s Storage Investment Real Estate, LLC announces the sale of the Rick’s Storage for $440,000 to a private investment group. Rick’s Storage is located on Route 5 in Batavia, which is in Genesee County, New York. Rick’s Storage consists of six single story buildings with over 115 [...

Read More »

IRE Promotes Kevin Bledsoe to VP of Brokerage

IRE Promotes Kevin Bledsoe to VP of Brokerage

John Gilliland, President & CEO of Investment Real Estate, LLC proudly announces the appointment of Kevin Bledsoe to the position of Vice President of Brokerage. Mr. Bledsoe will head the company’s brokerage sales operation. His responsibilities include property sales, due diligence, financial analysis, feasibility studies and overseeing the sa...

Read More »

IRE Announces Sale of Lanco Mini Storage

IRE Announces Sale of Lanco Mini Storage

PRESS RELEASE: York, PA – September 1, 2016 – Sale of Lanco Mini Storage Investment Real Estate, LLC announces the sale of the Lanco Mini Storage for $7,325,000 to a private investment group. Lanco Mini Storage is located on the east side of Lancaster city, in Lancaster County, PA. Lanco Mini Storage consists of eight […]

Read More »

IREM Hires Trish Romano as Property Manager

IREM Hires Trish Romano as Property Manager

PRESS RELEASE: York, PA – August 4, 2016 Investment Real Estate Management, LLC (IREM) has hired Trish Romano as Property Manager. Trish joined IREM in May 2016 and is responsible for managing the Moove In Self Storage located in Newton, NJ. Her duties include daily operations of the self storage facility which consist of renting […]

Read More »

Curb Appeal…It’s Important! Part 2: Branding, Signage, Fresh Marketing for Self Storage

Curb Appeal…It’s Important! Part 2: Branding, Signage, Fresh Marketing for Self Storage

Curb Appeal…It’s Important! Part 2: Branding, Signage, Fresh Marketing for Self Storage In our last blog on Curb Appeal – Part 1: Fencing, Lighting, Landscaping and More – we reviewed how the appearance of your property can affect a current or potential customer – everything from the fencing to the storage doors. You know, the stuff […]

Read More »

Curb Appeal…It’s Important for Self Storage Marketing! Part 1: Fencing, Lighting, Landscaping and More

Curb Appeal…It’s Important for Self Storage Marketing! Part 1: Fencing, Lighting, Landscaping and More

Curb Appeal…It’s Important for Self Storage Marketing! Part 1: Fencing, Lighting, Landscaping and More You often hear the phrase, “Make a Good First Impression”, and that rings true for the appearance of your self storage facility more than you may realize. In this two-part blog on Curb Appeal, we’ll review the items that need to […]

Read More »

Interested in Expanding or Developing a Site? Part 2: Financing a Self Storage Project

Interested in Expanding or Developing a Site? Part 2: Financing a Self Storage Project

Interested in Expanding or Developing a Site? Part 2: Financing a Self Storage Project In Part 1, we talked about the first step you should take when considering expanding or developing a site – the Feasibility Study. In Part 2, we will go over what you need to know about financing a self storage project and finding the right […]

Read More »

Self Storage Unit Laws & Legislation Updates and How They Can Affect You

Self Storage Unit Laws & Legislation Updates and How They Can Affect You

Self Storage Unit Laws & Legislation Updates and How They Can Affect You With so many bills, both state and national, constantly being introduced in our legislatures, it can be next to impossible to keep up with all of them. Many of these bills being debated probably won’t directly affect your life. However, this is […]

Read More »

Interested in Expanding or Developing a Site? Part 1: Self Storage Feasibility Study

Interested in Expanding or Developing a Site? Part 1: Self Storage Feasibility Study

Interested in Expanding or Developing a Site? Part 1: Self Storage Feasibility Study One of the biggest concerns we hear about from self storage facility owners is a competitor breaking ground in their market. It’s easy to panic when you’ve toughed out the last five years and another facility has opened – soon they’ll be […]

Read More »

Why Are Self Storage Cap Rates Used To Value Properties?

Why Are Self Storage Cap Rates Used To Value Properties?

In our previous blog on Cap Rates, we provided the definition of a Cap Rate and explained how Cap Rates are used to determine the value of a self storage facility. We would like to continue this topic by helping readers understand why we use self storage Cap Rates to identify property values. First, self […]

Read More »

What Is Self Storage Insurance and Why Should I Require It at My Store?

What Is Self Storage Insurance and Why Should I Require It at My Store?

If you are new to the industry and have just purchased your first property or are looking to purchase your first property, you may not know the answer to this question. Maybe you have heard about it and are wondering how self storage insurance differs from typical insurance like homeowners or vehicle. Or, you could […]

Read More »

A Look at the 2015 SSA Spring Conference & Trade Show

A Look at the 2015 SSA Spring Conference & Trade Show

…from a Property Manager’s Perspective by Dana Sinsheimer, Certified Self Storage Manager & Jaclyn Woerth, Property Manager   This year’s SSA (Self Storage Association) Spring Conference and Trade Show was held at the Gaylord National Resort & Convention Center in Washington, D.C. the show took place over three days, Wednesday, M...

Read More »

IRE Ranks in CPBJ’s “Book of Lists 2014”

IRE Ranks in CPBJ’s “Book of Lists 2014”

CPBJ publishes its “Book of Lists” every year in January, this year being Volume 30. This book is full of useful data to help business owners and consumers make better purchasing decisions. As a business owner, you can find areas of opportunity for future product development. Readers also use the “Book of Lists” to locate […]

Read More »

IREC Completes Renovation on 140 Mini

IREC Completes Renovation on 140 Mini

Investment Real Estate Construction, LLC (IREC) announces the renovation of the 140 Mini Storage facility outside of Baltimore, MD in Finksburg. Finksburg is located in Carroll County, MD. The property is located at 3240 Old Westminster Pike in Finksburg, sitting off Baltimore Blvd three miles west of Interstate 795. Not only did IRE broker the sal...

Read More »

IRE Offers 315 Unit Storage Facility Near Reading, PA

IRE Offers 315 Unit Storage Facility Near Reading, PA

Investment Real Estate (IRE) announces the availability of a storage facility for sale, Leesport Self Storage located at 81 Ashley Way in Leesport, Pennsylvania. The facility opened in 2005. It sits on 3.68 acres of land zoned for IC-Industrial/Commercial use. Public water and sewer connects to the property. The storage facility for sale offers a n...

Read More »

IRE Closes Deal on 43,000+ Sq Ft Self Storage in Fulton, NY

IRE Closes Deal on 43,000+ Sq Ft Self Storage in Fulton, NY

Investment Real Estate, LLC of York, PA announces the closure of a deal for Fulton Storage, LLC to purchase the Galizia’s All-Safe Storage facilities in Fulton, NY. The purchase of the storage facilities was finalized on November 21, 2013. Galizia’s has two storage facilities in Fulton, with the primary location sitting between Route 481 and Route...

Read More »

All About JB, our VP

All About JB, our VP

John or “JB” as we affectionately call him, is responsible for the daily operation of the self storage brokerage business for our company. This includes property sales, due diligence, financial analysis and feasibility studies for properties throughout the Northeast and Mid-Atlantic States. He joined IRE in 2007 and became a top producer in sales i...

Read More »

Why Self Storage is a Great Neighbor

Let’s face it self storage can get a bad rap sometimes. You hear about the bad things that happen at self storage facilities, how ugly their buildings are, etc. But the truth is, self storage has really come a long way. Investment Real Estate has worked hard to dispel these notions.  Self Storage facilities can […]

Read More »

Happiness at Work

We just saw a great talk by Jenn Lim, CEO and Chief Happiness Officer of Delivering Happiness at Zappos and Author of the Culture Book at the Self Storage Association Tradeshow in Las Vegas last week. This inspired us to reflect on our thoughts on creating happiness for our own employees. There are many aspects […]

Read More »

Our Latest Closings in Virginia and Maryland

Our Latest Closings in Virginia and Maryland

We are very excited about our latest closings in Virginia and Maryland. Americana Self Storage in Chantilly, Virginia closed recently. The facility had an impressive three two-story buildings plus a rental office. The facility has 72,000 rentable square feet, with a total of 862 units as well as RV parking spaces. The facility has enjoyed […...

Read More »

Our Charitable Partnership with Volunteers of America

Our Charitable Partnership with Volunteers of America

Something that is really important to Investment Real Estate is being involved in our communities and giving back, whether we do this on a corporate level or with our managed facilities. One of our favorite charities to work with is Volunteers is America. In fact owner and self storage broker John Gilliland is proud to […]

Read More »

Pretty in P.I.N.K.

Investment Real Estate Management’s self storage facilities are running a Facebook “Like” Campaign. For the month of April, for every new “Like” they get, $1 will be donated to local York, PA breast cancer awareness group, P.I.N.K. P.I.N.K.’s mission statement is to create an environment in which each individual can find avenues for facing the extr...

Read More »

Looking back on 2011

2011 may have started off slow but it really picked up some steam as the year went on. We think these are the greatest highlights from the market in general and from our company: Cap rates now back to levels we saw at the top of the market in 2006-07. Transaction volume picking up steam […]

Read More »