Articles

General OverviewSince our last update on the Vancouver market, there have been some small changes in some of the metrics we track.Below are the changes we have seen and where we feel the market is headed.OccupanciesOur recent work within the City of Vancouver has shown a slight decrea ...
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We are two weeks away fro the CSSA Vancouver show.Hopefully you have registered by now so Sue can stop bothering me to get everyone registered.I will be giving two talks this year (Sorry that you have to listen me even more).My talks will be on BC Assessment, property tax and appeals and a Western ...
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If you read my recent Alberta Market update (Alberta, the good the bad and the ugly) you’ll know that the overall storage market in Alberta is less than stellar.  So why has Storage Vault (SVI) bet big on this western province?  Full disclosure, I do personally have a small amount of Sto ...
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Recently, I have been doing a great deal of work in the Lower Mainland of BC.  Part of this is the very hot market for storage and part is wanting to know what sleeping in my own bed for more than a couple of days a week feels like.  In this work I have come across a great deal of informat ...
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General Overview:This article covers the storage market in the area referred to as Greater Vancouver.  The population of Greater Vancouver which includes the Municipalities shown on the map below is estimated at 2.55 million as of 2019.  Population growth in the Metro area has been robust ...
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At one point, during the boom in oil and the robust Canadian economy, Alberta was one of the leaders in occupancy, rental increases and new construction.  Today after a very protracted recovery, issues with getting pipelines built and a slowing Canadian economy, Alberta has become the problem child ...
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Today we cover why area surveys are important and why not to just take what a facility posts online at face value.Thanks for ListeningPatrick ...
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The first quarter of 2019 has been a wild one in the Canadian Self-Storage Industry.  We have seen large portfolio purchases as well as a number of one off purchases in Major population Centers that have set new records as well.  At present, these sales indicate a continued downward trend ...
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In this article we will discuss Third Party Management in the Canadian Self Storage space.  Who does it, what it is, and should you consider it? In recent years, there has been a dramatic increase in the number of new storage operators entering the Canadian Self-Storage space.  These ...
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Today we cover Appraisals. What they are, who needs them and how we do them.We also touch on how we evaluate your numbers and whats is involved in stabilizing a facility.Please feel free to reach out with any Appraisal related questionsPatrickpwood@cssvs.ca ...
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