IN­DUS­TRY SEES CHANGE

The Guardian (Charlottetown) - - FRONT PAGE -

Board­rooms, a wine-stor­age cen­tre, an on-site som­me­lier, a lounge — those are just some of the perks an Ot­tawabased com­pany is promis­ing as it builds a mas­sive self­s­tor­age fa­cil­ity in Toronto. The sprawl­ing site be­ing con­structed by Dy­mon Group of Com­pa­nies won’t be ready un­til next year but it high­lights a shift in the self-stor­age in­dus­try, where some com­pa­nies are mov­ing from only of­fer­ing lock­ers for peo­ple to stash their goods to pro­vid­ing multi-func­tional spa­ces that come with a host of add-ons.

“We don’t just rent space,” says Stephen Creighton, Dy­mon’s se­nior vi­cepres­i­dent. “We pro­vide a whole va­ri­ety of ser­vices (around) self-stor­age.” Dy­mon, which cur­rently has eight fa­cil­i­ties, claims it con­trols 80 per cent of Ot­tawa’s self-stor­age mar­ket. Creighton notes that the lo­ca­tions, which have about 10,000 lock­ers be­tween them, are 99 per cent oc­cu­pied.

The com­pany is now ex­pand­ing to the Greater Toronto Area, where it plans to build 80 new sites in the next 10 years.

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