INDUSTRY NEWS Q1 2023
for services regarding security, mainte- nance, and landscape; and preparing employee performance reviews, prop- erty budgets, operational reviews, and expense reports to manage financial controls and property performance.
Jencap Provides Cyber Liability Policies Prior to COVID, there were little to no requirements for risk management on cyber liability policies. Jencap’s specialized professional lines brokers are standing by to navigate this hard market and get your clients the cyber options that they need and deserve. Jencap educates its agency partners, provides coverage comparisons, gives multiple carrier options, and more. Visit
jencapgroup.com/professional/ for details about its cyber liability policies.
Formula Fraud On Dec. 6, Indiana’s West Lafayette police removed more than 4,000 cans of powder infant formula from a unit at a Simply Self Storage facility. Though the formula has not been tampered with, police detectives suspect it was fraudulently acquired from legitimate retailers and destined for illegal resale. They are attempting to determine who purchased the formula by tracking purchases. The case remains under investigation.
Extra Space Hosts Virtual Food Drive
employee donations. Feeding America, the largest hunger-relief organization in the United States, has a nationwide network of 200 food banks and over 60,000 part- ner agencies, food pantries, and meal programs. The REIT’s first virtual food drive, which was held in 2021, also raised more than $50,000 for Feeding America.
Lock Stock Delivers Chocolates
Before Christmas, Denbigh, Wales, U.K.-based Lock Stock Self-Storage, which recently opened a new storage facility in Flintshire, donated 100 boxes of assorted chocolates to the Buckley Community Fridge to be distributed to the food group’s customers and bring some holiday cheer to their households.
SSAF Scholarship Winners Announced Two recipients of the 2022 to 2023 Self Storage Association Foundation (SSAF) scholarships come from Moove In Self Storage. Sarah Clark, property manager for Moove In Self Storage - Morgan Lane in York, Pa., received a $2,500 schol- arship for her fall semester at the Pittsburgh Institute of Mortuary Science, where she is studying to become a funeral director. Morgan Brandenburg also received a $2,500 scholarship; she is the daughter of Kelly Maas, senior property manager for Moove In Harvey Court in Glen Rock, Pa., and Moove In - Old Westminster Pike in Finksburg, Md. Brandenburg is majoring in speech language pathology and minoring in deaf studies at Towson University. John Gilliland, CEO of Moove In, joined the SSAF Board of Governors in 2015 and served as the chair in 2017. He played an integral role in the creation of the endowment fund, which today totals $6 million. He and his wife have personally contributed over $60,000 to the fund under the Gilliland Family Foundation name. To incentivize Moove In employ- ees and their family members to apply, Gilliland promised a dollar-for-dollar match of each scholarship won. Both recipients of this year’s scholarship received an additional $2,500, bringing each of their total awards to $5,000.
The team at Extra Space Storage worked together through a virtual food drive to donate over $51,000 to Feeding America during the 2022 holiday season, with the REIT matching
46 Self-Storage NOW!
IREGC Hosts Vendor Appreciation Day The Investment Real Estate Group of Companies (IREGC) hosted its first annual Vendor Appreciation Event on Sept. 26, 2022. Hosted at Bentzel’s Mill in York, Pa., which is home to IREGC’s original corporate headquarters, the event welcomed
FIRST QUARTER 2023
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