Entrepreneurs / Small Business  October 30, 2015

Unlocking potential: Self-storage market booming — for now

A spike in Front Range housing and rental costs has led to a boom in self-storage. “Whenever that happens, people look to storage to fill the gap, if they can’t afford a bigger apartment of a bigger house,” said Ben Vestal, president of Aurora-based Argus Self Storage Sales Network. BizWest photo
By

Jordan Todd is racing against time — and real estate cycles.

The co-owner of Self-Storage at Centerra in Loveland is riding high since the August opening of the first phase of the project, including almost 500 units, at 5225 E. 37th St., and he’s looking to get the next phase out of the ground before competing storage projects are approved.

The fact that his project is fully entitled with the city is a plus, he said, whereas many other self-storage projects remain in development review. That gives him a leg up, as he prepares to launch…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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