National Self Storage Association News & Updates

The Self Storage Association (SSA) and the Self Storage Association Foundation (SSAF) today announced two industry awards, both of which will be celebrated in Las Vegas this September during the SSA Fall Conference & Trade Show.

Self storage operators who participated in an SSA Industry Confidence Survey last month conveyed optimism for the rest of the year.

Friends and colleagues of Michael T. Scanlon Jr. are mourning the unexpected loss of the former Self Storage Association President & CEO last week at the age of 76.

The national Self Storage Association (SSA) today announced that it will manage all administrative functions for the Self Storage Association of Michigan (SSAM) effective January 1, 2024. With the addition Michigan, the SSA’s state management division now oversees 22 associations.

Even as the storage sector slows from its pandemic boom, several blockbuster deals signal continued long-term optimism for the industry.

Extra Space Storage, Life Storage Agree to Merger Industry leaders Extra Space Storage Inc. and Life Storage Inc. have reached an agreement to merge, creating the largest self storage REIT with over 3,500 locations. The boards of directors of both companies have unanimously approved the transaction. Extra Space will retain its name and continue to trade on the NYSE under the ticker EXR. Ken Woolley will remain chairman of the board, and Joe Margolis will remain as CEO and director.The ...

The SSA has a robust legislative agenda planned for 2022. SSA intends to pursue lien law amendments in California, Florida, Georgia, Illinois, Minnesota, Missouri, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, South Carolina, South Dakota, Vermont, and Virginia. Also, SSA intends to pursue a self storage lien law in Alaska – the last remaining state without such a law.

 2021 has been a very busy legislative year for the SSA, working in conjunction with state associations and advocating for amendments and updates to self storage lien laws in more than 20 states. To date, and as outlined in more depth below, SSA-backed bills have passed in Alabama, Arkansas, Kansas, Kentucky, Louisiana, Maine, Minnesota, Montana, New Hampshire, North Dakota, Texas, Utah, and Virginia. As background, the SSA typically seeks seven core amendments to laws in states that h...

  Codes and standards are a basis of building and facility design. Even with the best of intentions, sometimes code requirements are at odds with a building’s usability while offering no clear benefit. The SSA advocates for commonsense changes to the national model codes and standards to increase efficiencies and limit costs for facility construction. In 2021, SSA plans to pursue further modifications to the codes outlined below with the assistance of code consultant Andrew Klein...

  State and Local Restrictions on Lien Sales and Late Fees  When the coronavirus began to spread throughout the United States, several states and localities enacted restrictions on foreclosures and evictions. Although most covered residential foreclosures and evictions that are not applicable to self storage, some states expanded those restrictions to cover commercial or non-residential evictions and foreclosures as well. Self storage lien sales are not evictions in the usual...