Inside Self-Storage

MAR 2019

Inside Self-Storage (ISS) is an information source for industry owners, managers, developers and investors covering news, trends, facility operation, finance, real estate, construction, development, marketing, technology, insurance and legality.

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VendorWorks MiniCo Insurance Agency LLC is now offering a workers' compensation program, underwritten by Liberty Mutual Insurance, which provides coverage for lost wages and medical treatment resulting from an employee's work-related injury or illness. It also covers services required to help an employee recover and return to work. Miami City Self Storage plans to launch an acquisitions platform that will invest in storage in "key urban markets" nationwide. The announcement came as the company began construction on its 11th South Florida facility, the f nal project in its development pipeline. More details will be revealed soon, officials said. Janus International Group LLC has acquired Nokē Inc., a creator of smart- technology locking solutions, and Active Supply & Design Ltd. (ASD), a U.K.-based self-storage construction and design company. The purchase of Nokē will allow Janus to enhance the SecurGuard Smart Entry System it released last year. OpenTech Alliance Inc. launched SmartEye, a tenant- and asset-protection service. The platform uses artif cial intelligence, machine learning and a virtual security team (VST) to detect and intercept intrusions at self-storage facilities, alerting the facility operator. SmartEye works with existing closed-circuit television systems to detect bad behavior as it is happening at a facility, and immediately alerts a VST, according to a release. The Storage Group (TSG) has partnered with Storage Protectors LLC, which specializes in contents insurance and damage-waiver coverage for storage businesses. The partnership will allow Storage Protectors to integrate with ClickandStor, TSG's online rental tool. PTI Security Systems, a provider of access-control and security solutions, has partnered with Innuvo, a company that provides audiovisual and security products and services for commercial and residential properties. The companies will combine Innuvo's full-service security solutions with PTI's self-storage technology. Innuvo, which specializes in custom solutions, recently blended biometrics, closed-circuit television, a mantrap and video-analytics technology with PTI intercoms and tele-entry systems at SoBe Wine & Self Storage in Miami, Fla. Out of the Ordinary A police off cer responding to a call crashed into U-Haul facility in Miami. The off cer attempted to avoid colliding with another vehicle before veering off the road and slamming into the building. She was able to exit her car, which was three-quarters of the way inside the building, but suffered leg injuries. The mother of a missing 7-year-old boy faces charges of child abuse and abuse of a corpse after his body was discovered inside a Denver self-storage unit. Police believe Caden McWilliams may have been dead since late May. Elisha McWilliams Pankey is being held on a $250,000 bond. The body of an unidentifi ed man was found inside an unlocked unit at Keyport Self-Storage in Tulsa, Okla. While the cause of death has yet to be determined, investigators with the Tulsa Police Department have ruled out foul play. Detectives estimate the body had been inside the unit for about a day. Government The Vancouver, Wash., City Council voted unanimously in December to implement a six-month moratorium on self-storage development. The temporary ban extends to project applications and facility expansions in all commercial and industrial zones where self-storage is a permitted use. It doesn't prohibit maintenance work, repairs, or health and safety improvements that may be mandated by the city. The freeze will give city staff time to devise self-storage regulations that'll be applied to the city's Commercial Corridor Strategy, a group of new land-use codes officials intend to create this year. The primary concern is storage businesses don't employ enough staff to meet the city's employees-per-acre goals for commercial properties, the source reported. NEWS 10 ISS I March 2019

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