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The Self-Storage Playbook: Drive-Thru Design, Smart Lease-Ups & Class-A Growth (w/ Robert Vineberg, Pandora)
Manage episode 518182778 series 2794951
Self-storage in Montreal is changing fast. Robert Vineberg, president of Pandora Self-Storage, breaks down the model behind their Class-A facilities—drive-thru access you can literally pull a cube truck into, humidity-controlled environments that protect high-value goods, and security that actually feels safe. We unpack how Pandora picks markets (population, storage per capita, rate comps), what zoning and stabilization really take, and why small facilities often fail on fixed costs. Plus: co-working near your unit, commercial-friendly lockers, and a national growth roadmap from Quebec to Ontario and beyond.
Highlights:
Drive-thru storage & commercial-ready unit mix (3/6/900 sq ft flexibility)
Market math: ≥100K people in 3 km, comp rates, and saturation guardrails
Build & lease-up truth: 11–14 months construction, ~40-month underwriting for stabilization
Green design & financing: zero-carbon targets, climate + humidity control, security as product
Operator realities: marketing spend, unit-mix discipline, and why "all small units" kills NOI
Expansion strategy: why you need at least two sites per new city for ops redundancy
Perfect for: CRE investors, developers, operators, and SMBs who need flexible, near-home space.
Follow & Share: New episodes weekly. Follow the show and share with a colleague who's eyeing storage or light-industrial strategies in Greater Montreal.
Visit https://www.e5pace.com for more resources, market guides, data, and advertising opportunities.
122 episodes
Manage episode 518182778 series 2794951
Self-storage in Montreal is changing fast. Robert Vineberg, president of Pandora Self-Storage, breaks down the model behind their Class-A facilities—drive-thru access you can literally pull a cube truck into, humidity-controlled environments that protect high-value goods, and security that actually feels safe. We unpack how Pandora picks markets (population, storage per capita, rate comps), what zoning and stabilization really take, and why small facilities often fail on fixed costs. Plus: co-working near your unit, commercial-friendly lockers, and a national growth roadmap from Quebec to Ontario and beyond.
Highlights:
Drive-thru storage & commercial-ready unit mix (3/6/900 sq ft flexibility)
Market math: ≥100K people in 3 km, comp rates, and saturation guardrails
Build & lease-up truth: 11–14 months construction, ~40-month underwriting for stabilization
Green design & financing: zero-carbon targets, climate + humidity control, security as product
Operator realities: marketing spend, unit-mix discipline, and why "all small units" kills NOI
Expansion strategy: why you need at least two sites per new city for ops redundancy
Perfect for: CRE investors, developers, operators, and SMBs who need flexible, near-home space.
Follow & Share: New episodes weekly. Follow the show and share with a colleague who's eyeing storage or light-industrial strategies in Greater Montreal.
Visit https://www.e5pace.com for more resources, market guides, data, and advertising opportunities.
122 episodes
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