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There is a lot riding on the accuracy of data when analyzing a market for its potential. We understand this and keep improving our product in an effort to deliver more granular market data that helps you get the real picture. Part of the market evaluation process for self-storage investors is understanding the average rates in the market and how they’re trending. In our latest feature … Read More
Want to know exactly how many different parking unit types are offered by operators in your area so you can price yours accurately? The All Parking search tile on your OPTIMIZE dashboard will list all facilities in your chosen market that offer parking units regardless of size and type—boat, RV, car and more. Included in the search are parking units that may not have advertised … Read More
With Explorer you can now get an even better understanding of rates in any market. Explorer now offers a breakdown of average rates grouped by unit type, enabling you to compare the average rates in the market for units that are Climate Controlled, Standard/Regular or Parking only. You can also compare the aggregate average rate across all unit types. This breakdown will provide … Read More
Available to Explorer users now is an easier way of identifying existing self-storage facilities in any market by operator type. When searching for a market on the map, on the left side of the map, from the filter options, select the operator types you want to see on the map. You can select from REITs, mid-sized and/or small operators. Each operator type has been color-coded so you can … Read More
More Ways to Identify New MarketsIf you haven’t heard, StorTrack recently launched the all new Market Discovery Tool. The Market Discovery Tool acts as a map filtering tool, helping self-storage developers and investors pinpoint cities/markets for investment based on their own specified parameters. Find markets that match your criteria such as Sq Ft per Capita, population size, … Read More
https://4297816.fs1.hubspotusercontent-na1.net/hubfs/4297816/powtoons/StorTrack%20Explorer%20Market%20Discovery%20Tool.mp4 All StorTrack Explorer users (both free and paid account users) now have access to the Market Discovery Tool. The Market Discovery Tool enables self-storage developers and investors to identify markets based on their own specified parameters. For investors looking … Read More
StorTrack is committed to being your first and only source for market analysis data. With the launch of the Explorer platform, StorTrack has provided users with the data needed to perform due diligence on sites already selected. Soon, Explorer users will also have access to the all new Market Discovery Tool, a mapping tool to help operators, investors and developers identify … Read More
The release will help self storage managers, owners and operators to better analyze the impact of promotions when setting storage rates Detroit, MI March 14, 2022 – StorTrack, the global provider of self storage data, announced at the recent Self Storage Association Spring Conference in Orlando, Florida, the launch of its Effective Rate Analysis tool to help industry operators manage … Read More
We’re excited to announce the upcoming release of our Effective Rate Tool within the Optimize platform! What is an Effective Rate?An Effective Rate is the underlying price the renter pays for a unit when a promotion is factored in. The calculation of an Effective Rate has to be done over a specific time of tenancy. With the launch of this new tool, any manager or operator using … Read More
Based on your valuable feedback we have made an enhancement to the recently released 12 Month Trailing Average widget. You can now click the Rate Per Square Foot checkbox to view the monthly average rates, by store or unit type, as Rates per Square Foot. This will help market analysts and investors more accurately compare store and market rates similar in size and features.Accessing … Read More
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