Mako Steel Blog

Tinie Tao

Recent Posts

Self Storage Gets Some Attention from the Big Guys

Posted by Tinie Tao on Mon, Feb 25, 2013 @ 09:31 AM

You know you've arrived in life when the Wall Street Journal takes an interest in you! A recent article in the Wall Street Journal discusses the value of Self Storage portfolios and discusses recent transactions that defy the normal rules for investors. 

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Mako Steel Answers YOUR Self Storage Development Questions!

Posted by Tinie Tao on Mon, Mar 12, 2012 @ 11:50 AM

 

Thanks Kent for your Self Storage Development Question! We'll send you a "Thanks for Asking" gift in the mail! 

From:Que Swis 
Sent: Thursday, March 08, 2012 11:12 AM
To: Info MakoSteel
Subject: average costs for multi story projects

Hello,

Just looking for an approximation of hard construction costs for a 3 story project....assuming the foundation is not a part of the structural cost....what would be a decent number to use for rough estimating...

 

thanks

Kent S.

storage owner

_________________________________________________________________________ 

Kent

That’s a great question.  Thanks for asking.  We’ve been involved in the construction of a half dozen Multi-Story Self Storage Buildings this past year – and the range for turn-key construction (including the slab, landscaping, office T.I and off site improvements) has been between $35-$70 psf. 

There are a lot of variables that come into play, but most of the time increased construction costs have more to do with the overall aesthetic and how site work and off-site improvements come into play than any other construction components.

 We can easily quantify the average cost of the vertical construction.  Those numbers tend to fluctuate far less than the other dynamics of your construction project.  For the Structural Engineering, Steel Framing, Siding, Roofing, Partitions, Insulation, Roll-Up Doors, & Corridor Systems as well as labor to install you can figure between $11-$15 psf.   The lower range number would assume you are looking at utilizing a Standard Steel Corrugated Siding at the Exterior, and the higher range would reflect utilizing an Insulated or Pre-Textured wall panel (like API or King Span)

 If you are looking at particular site for your project, let me know.  I think we have one of the industry’s most talented draftsmen at our disposal to assist with concept site planning.  It is a service we provide to all of our customers at no cost and we’re happy to extend the offer to you as well.  

I’m not sure if you have already subscribed or not, but I have an offer out to the Self Storage Industry to inundate me with questions to use on my blog. Your question is timely.  With your permission – I’d like to post your question and answer to my weekly blog at http://www.makosteel.com/blog/   -  Please send me your mailing address and phone contact, and I will send you back a thank you gift for helping us to build our website content. Thanks again.  Don’t hesitate to call me if you have any additional questions.  My contact info is below.

 

 Click me


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Mako Steel's Caesar Wright to lead TWO Seminars at ISS trade Show

Posted by Tinie Tao on Mon, Mar 05, 2012 @ 02:00 PM

http://www.vpico.com/proofs/Mako-ISS022.pdf

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Southern California RV Storage Operators About To Cash In

Posted by Tinie Tao on Tue, Feb 28, 2012 @ 12:41 PM
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Building Self Storage - The "Cost" Question...

Posted by Tinie Tao on Wed, Jan 25, 2012 @ 11:07 AM

Over the last 11 years, I've had the opportunity to talk with several hundred "would-be developers" about the process of developing a self storage project.  The first and most important question is always, "How much does it cost to build Self Storage?"

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It's a New Year - And We Are Building Self Storage

Posted by Tinie Tao on Tue, Jan 10, 2012 @ 11:02 AM

January is always full of promise. A chance to wipe clean the slate of the previous year, start over and reinvest. That is precisely what we are doing here at Mako Steel.  Humbly saying goodbye to 2011, and looking forward to the promise of a New Year.

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Inside Self-Storage Announces ‘Best of Business’ Opinion-Poll Winners

Posted by Tinie Tao on Fri, Sep 16, 2011 @ 12:50 PM
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July 2011 Mako Steel Employee of the Month - Mark Zerlaut

Posted by Tinie Tao on Thu, Jul 28, 2011 @ 02:49 PM

Mako Steel's top-of-the-line drafting department has been "bringing it home" recently!  Mark Zerlaut, our Head Draftsman, is this month's recipient of our "Employee of the Month" award. 

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And the REIT Winner Is - Self Storage!

Posted by Tinie Tao on Thu, Jun 09, 2011 @ 10:29 AM

Hundreds of investors in real estate investment trusts are hunkered down at the Waldorf Astoria, touting tremendous returns and talking tactics for the next great play. It's "REIT Week," in New York, or for those of you less excited about it, it's the annual conference of the National Association of Real Estate Investment Trusts (NAREIT).

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May 2011 Employee of the Month - Phil Horton

Posted by Tinie Tao on Mon, Jun 06, 2011 @ 02:25 PM

 

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