News

Average Rates Now Grouped by Unit Type (Parking, Standard, Climate Controlled)

  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

Explorer Map Legend Update, Filter by Operator Type

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

The Latest Update to Explorer’s Market Discovery Tool – helping self-storage developers and investors find markets for investment

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

Market Discovery Tool: Finding the next opportunity in new markets

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 Announces its OPTIMIZE Platform Now Features Effective Rate Monitoring and Analysis

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

COMING SOON: Effective Rates Tool

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

View monthly averages as Rate per Square Foot for better comparisons

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

New Feature Alert: Historical rate data on-demand, directly from your dashboard

In an effort to give you better access to the data that matters to you, we have added the option to purchase and download historical data directly from your Explorer dashboard. Now you can view all the stores in a market and select the ones you wish to get historical data for. After purchase, the data is ready to be downloaded within minutes! Once you have created or purchased a Market … Read More

New Widget Alert: 12 Month Trailing Average

In 2022 we are committed to bringing you even more tools to help you in your due diligence and evaluation of new markets. We have started 2022 with the release of the new 12 Month Trailing Average widget for the Explorer platform. This new release enables developers, investors and analysts to quickly view the monthly average rates for the past 12 months, across the market, including … Read More