The Evolution of Storage: Understanding Your Options
- by boxwell/February 24, 2022
As we know, the storage industry is ever evolving. In the last decade alone, the business of storage has grown exponentially. We are finding a huge opportunity to provide storage to customers. And we have storage options! There are two main sectors within the storage industry: portable storage and self-storage.
So what is the evolution of storage? And what are our storage options? Let’s take a step back to look at the differences (and similarities) between portable storage and self-storage.
For usage, portable storage units arrive at the customer’s site. This can be anywhere from a driveway, parking lot, or football field. The customer fills the portable units with their items. They store the units at this location. Or they drive the units somewhere for a long-distance move or delivery. Often, the portable storage operation will pick up the units and bring them back to their storage yard or warehouse. Portable units can be branded with company colors and logos (see below):
Portable storage operators have options when it comes to delivery. New delivery systems make the process streamlined and turnkey. This is because of recent advancements in technology and materials. Portable storage operators either use a rollback tow truck, a semi-trailer truck, or a Mule delivery system. And did you know that the units can stack 3-high when loaded? In addition, portable containers have a lot of options for securing items inside, which helps ease the mobility. Features may include receiver tubes, d-rings, tie down rings, vents, 3M vinyl decals, and a door latch.
Self-storage denotes units that are situated in a single location. These facilities will often have drive-up access. This makes it convenient for tenants to get in and out of their storage as needed. Also, these facilities may offer security, locking systems, and lighting to keep the units safe. Self-storage operators have storage options when setting up their facility. For example, they can choose brick-and-mortar buildings. Or they can choose relocatable self-storage units. How do these differ?
Traditional, brick-and-mortar storage buildings are permanent. They need foundation and infrastructure. Plus, operators must adhere to local building codes and restrictions. This type of facility is costly, especially during tough times of supply and demand.
Relocatable storage, on the other hand, can fit anywhere. Here’s where the evolution is happening. These flexible units can transform easements, setbacks and fence lines into rentable space. There is no need for foundation with relocatables. And they classify as equipment for tax breaks. With relocatables, you can have multiple doors. They can be roll up or swing doors on the front and/or sides. In addition, you can put partitions inside to divide the space.
One of our favorite things about relocatable units is that you can expand an existing facility with ease. Even if it’s a traditional facility with permanent structures, expansion is possible. Boxwell’s relocatable units are custom made. And they are color matched to your facility for a seamless look.
“If you purchase an existing facility that has some room on the site for more units, it’s a wise move to consider adding relocatable units.”
Terry Campbell, Live Oak Bank