| ISS and Sentinel Systems Host Webinar on Self-Storage Security
On July 27, Inside Self-Storage and Sentinel Systems will host a free, live webinar on self-storage security. Making a Statement With Site Security will take place from 11:30 a.m. to 12:30 p.m. ET. John Fogg, Sentinels general sales manager, will highlight essential aspects of industry security, addressing the array of choices storage operators face when selecting vendors, evaluating hardware and software, and arranging system installation. Attendees will learn about key relationships between the facility owner and builder and security vendors and installers. Theyll hear about the options available on the market today and how to budget for the most appropriate system. Finally, theyll get pointers regarding how to use site security as a marketing tool for their business. Sentinel Systems provides property-management software and security-access systems for San Antonio storage, including gate operators, individual door-alarm systems, camera packages and more.
Sovran Acquires 20 Cornerstone Properties
Amherst, N.Y.-based real estate investment trust Sovran Self Storage Inc. acquired 20 properties from Cornerstone Development Corp. of Dallas for $90 million. The deal includes seven facilities in St. Louis, a new market for Sovran. Others are in Dallas, San Antonio, Tampa and Southeast Louisiana. The company currently owns or operates 316 self-storage facilities in 22 states under the Uncle Bob's Self Storage brand name. The deal brought another 1.3 million square feet of rentable space to Sovran's existing portfolio of more than 19 million square feet. "The Dallas, San Antonio and Tampa stores will fit in very well with the stores we already operate in those cities," said David Rogers, chief financial officer. "We are looking forward to introducing Uncle Bob's to the St.
Investigators inspect cruise ship that rolled to one side off ...
PORT CANAVERAL, Fla. -- Federal investigators examined a new cruise ship Wednesday to try to determine why the 951-foot vessel suddenly rolled to one side, seriously injuring 20 people in a scene that looked like something out of the movie on that night's bill, "Titanic." The Coast Guard also questioned why authorities first learned of the trouble not from the captain, but from the mother of a passenger who had called her from the ship. .
Briefs: Valero unit to pay for Illinois cleanup
A unit of San Antonio-based Valero Energy Corp. agreed to pay up to $1.1 million in fines and cleanup costs for underground storage tank leaks at 51 sites in Illinois, said that state's attorney general, Lisa Madigan. The unit, Premcor Refining Group Inc., will pay a $500,000 fine and promised to spend as much as $562,343 by 2011 to clean up the spills and remove 35 tanks that may be susceptible to more leaks, the attorney general said Wednesday. "We were happy to work cooperatively with the state of Illinois and the Illinois Environmental Protection Agency on this settlement, which resolves issues that predate our operation and ownership of Premcor," a Valero statement said. Love Field accord clears two hurdles Southwest Airlines Co.
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