Speaker: Lewis Pollack, Managing Principal, StoreSmart Development LLC
Format: MP3 and PDF
Duration: 48 minutes
A Love Affair With Retrofitting: Self-Storage Conversions
Want to know what it takes to turn a big empty box into a class-A self-storage facility? Adapting an existing building offers investors a fast and relatively easy way to create a new storage business. Changing a property’s use to self-storage can also be extremely lucrative. But conversions also have unique challenges and drawbacks. Our presenter will take you through a series of real-life case studies that illustrate the different stages of retrofitting, from beginning to end. Get an insider's view on the process, pitfalls, benefits and drawbacks.
You will learn:
- What to look for when selecting a building
- What others have done to achieve a successful conversion
- Common pitfalls, challenges and drawbacks
- The financial risks involved in attempting a retrofit
NOTE: This audiocast will be delivered to your “My On-Demand Library” in a downloadable zip file folder. Your folder will contain an MP3 audio file of your purchased session, along with the matching presentation slides provided by the speaker.