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Convert Your
vACAnt SpACe
to CASh



           Complete Turnkey
           Self Storage Solutions
            • Feasibility Studies
            • Due Diligence
            • Design / Planning
            • Construction
            • Operations Management
            • Disposition of Assets
SURPLUS ASSETS?

                                           Convert them
                                           to a reliable
                                           income stream.
                                           In this economy finding the right tenant for
                                           a vacant retail, office, or warehouse space
                                           can be challenging. Self-storage can provide
  Formerly a factory in Ontario
                                           stable returns and occupancies even during
                                           tough times.
                                           Trachte Building Systems/Tech-Fast
                                           self storage specializes in self-storage
                                           construction and project management,
                                           including both new construction and the
                                           conversion of existing properties into
  Formerly a theatre in New Jersey         profitable self storage businesses.
                                           We’ll guide you through the process from
                                           initial planning to project completion.
                                           Once complete, we offer varying levels of
                                           management assistance, or can help market
                                           the property to our extensive database of
                                           self-storage investors.
                                           We welcome the opportunity to work with
  Formerly a factory in New Jersey         you in a pro-active capacity turning your
                                           idle asset into a revenue producing site.
                                           Visit www.trachte.com to learn more.


                                                                                 n
                                           F        -site c ren esultatio
                                             REE onus today to oqus t a visit from
  Formerly an office in Ontario                   l
                                           Call or e-mai                       pment.
                                                             lf-storage develo
                                           the experts in se




ISO 9001:2008 CERTIFIED • EmplOyEE OwnED
Tap our network of buyers
                                                                     •Cash and looking to expand
                                                                     •Well-established developer base
                                                                     •Network of experienced, successful self-storage
                                                                       developers
                                                                     •Pre-qualified buyers... because they are our customers

                                                                  Your choice: Multiple exit strategies
                                                                  1. Position existing site as potential conversion to sell to
Why Trachte?                                                          developer
  • Turnkey solutions: Trachte’s experienced team can
                                                                     • More saleable building
    handle all aspects of feasibility, construction, and
                                                                     • Utilize our network of developers with cash looking to
    management.
                                                                        expand now
  • Well established: In business since 1901, with
                                                                  2. Convert to sell
    decades, not years of experience. We are the leaders in
                                                                     • Generate a higher price when selling the property
    self-storage.
                                                                     • Pre-sell program available - Have it sold before you convert it!
  • Connected: We have developed a comprehensive list of
                                                                  3. Convert to hold
    developers and investors. If needed, we’ll funnel qualified
                                                                     • Excellent longer term investment
    properties to our contacts who are looking for their next
                                                                     • Enjoy cash flow and capital appreciation
    self storage opportunity.
                                                                     • We can provide property management
                                                                  4. Lease to operator
Convert empty space to cash                                          • Long term potential but can’t sit on an empty property?
  •Conversion of non-performing assets to performing assets             Lease!
  •Potential generation of greater per square foot income            • Temporary refurbishing provides clean use of a property.
    from storage use                                                    Easily removable for sale.
  •Potential lump-sum gain from approved development sale            • We have a network of potential lessees
    or operational facility sale
  •Increase retail traffic for existing tenants in a center       It’s as easy as one, two three:
  •Improved appearance with premium storage facade                   • Call us and we will evaluate your property for self storage
  •Reduced parking requirement allowing subsequent                   • Convert, rent and make money
    subdivision and sales of outparcel                               • Sell or enjoy the income
Frequently Asked Questions
What is a ballpark range                              helping to make them a more accepted use for
for sq foot for rental income?                        prime exposure retail spaces. Additionally, self-
Climate controlled self storage facilities tend to    storage facilities generate very little vehicle traffic.
generate $18 (+/- 5) per rented sq ft annually
($130-230 per month for a 10x10). Most self-          How many of these conversions
storage conversion projects are climate controlled.   have you done before?
During the conversion process, about 20% of a         Founded 1901 and with a focus on the self storage
building’s space is converted to common space         industry since the 1970’s, Trachte is the leader in
such as hallways. Example: A 100,000 sq ft            self-storage construction in North America. Over
building, minus 20,000 ft worth of common space,      the past few years, we estimate that we have been
would generate $1.44 million annually at 100%         manufacturing between 10%-14% of all new self-
occupancy. Additional space may be gained by          storage projects in the United States.
added a second floor in buildings with ceilings of
16’ or greater.                                       Do you have an actual conversion we can visit?
                                                      Absolutely. Contact us to arrange a tour of a
Will Trachte do all the engineering                   previous customer’s facility.
and proforma cost estimating?
Trachte’s involvement in a storage conversion         Which of our stores are likely
project varies depending on the customer’s            candidates for conversion?
needs. With a staff of full time engineers, techs,    The ideal site for a self-storage conversion has 40-
and project managers, Trachte is dedicated to         100,000 sq ft of space available. It should be on a
providing everything needed to make your project      road with a traffic count of 12,000 or greater per
a success.                                            day, unencumbered, and with high visibility.

What zoning issues are we likely to run into?         Compare the numbers!
For new construction, obtaining proper zoning         Self Storage Industry Performance
and overcoming neighbor objections can be a           High gross profit margin = 65-70%
major hurdle. In the case of most conversion          Low operating costs of 30-35%
projects, neighbors and community leaders are         Low conversion costs of $15 (+/- 5) per square foot
                                                      Ease of management with two to three employees
supportive of any project utilizing an existing       Typical rental rates: $18 (+/- 5) per sq ft annually
building which would otherwise sit unused.            Typical valuation for completed facility sale: $85 per sq ft
Self-storage properties are commonly built with
a premium appearance and hotel-like lobbies,


                                                                  877.356.5824
                                                                 tbs@trachte.com
                                                                 www.trachte.com
8393.tbs.0510
                                                                                                         ISO 9001:2008
                                                                                                         CERTIFIED

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Trachte

  • 1. Convert Your vACAnt SpACe to CASh Complete Turnkey Self Storage Solutions • Feasibility Studies • Due Diligence • Design / Planning • Construction • Operations Management • Disposition of Assets
  • 2. SURPLUS ASSETS? Convert them to a reliable income stream. In this economy finding the right tenant for a vacant retail, office, or warehouse space can be challenging. Self-storage can provide Formerly a factory in Ontario stable returns and occupancies even during tough times. Trachte Building Systems/Tech-Fast self storage specializes in self-storage construction and project management, including both new construction and the conversion of existing properties into Formerly a theatre in New Jersey profitable self storage businesses. We’ll guide you through the process from initial planning to project completion. Once complete, we offer varying levels of management assistance, or can help market the property to our extensive database of self-storage investors. We welcome the opportunity to work with Formerly a factory in New Jersey you in a pro-active capacity turning your idle asset into a revenue producing site. Visit www.trachte.com to learn more. n F -site c ren esultatio REE onus today to oqus t a visit from Formerly an office in Ontario l Call or e-mai pment. lf-storage develo the experts in se ISO 9001:2008 CERTIFIED • EmplOyEE OwnED
  • 3. Tap our network of buyers •Cash and looking to expand •Well-established developer base •Network of experienced, successful self-storage developers •Pre-qualified buyers... because they are our customers Your choice: Multiple exit strategies 1. Position existing site as potential conversion to sell to Why Trachte? developer • Turnkey solutions: Trachte’s experienced team can • More saleable building handle all aspects of feasibility, construction, and • Utilize our network of developers with cash looking to management. expand now • Well established: In business since 1901, with 2. Convert to sell decades, not years of experience. We are the leaders in • Generate a higher price when selling the property self-storage. • Pre-sell program available - Have it sold before you convert it! • Connected: We have developed a comprehensive list of 3. Convert to hold developers and investors. If needed, we’ll funnel qualified • Excellent longer term investment properties to our contacts who are looking for their next • Enjoy cash flow and capital appreciation self storage opportunity. • We can provide property management 4. Lease to operator Convert empty space to cash • Long term potential but can’t sit on an empty property? •Conversion of non-performing assets to performing assets Lease! •Potential generation of greater per square foot income • Temporary refurbishing provides clean use of a property. from storage use Easily removable for sale. •Potential lump-sum gain from approved development sale • We have a network of potential lessees or operational facility sale •Increase retail traffic for existing tenants in a center It’s as easy as one, two three: •Improved appearance with premium storage facade • Call us and we will evaluate your property for self storage •Reduced parking requirement allowing subsequent • Convert, rent and make money subdivision and sales of outparcel • Sell or enjoy the income
  • 4. Frequently Asked Questions What is a ballpark range helping to make them a more accepted use for for sq foot for rental income? prime exposure retail spaces. Additionally, self- Climate controlled self storage facilities tend to storage facilities generate very little vehicle traffic. generate $18 (+/- 5) per rented sq ft annually ($130-230 per month for a 10x10). Most self- How many of these conversions storage conversion projects are climate controlled. have you done before? During the conversion process, about 20% of a Founded 1901 and with a focus on the self storage building’s space is converted to common space industry since the 1970’s, Trachte is the leader in such as hallways. Example: A 100,000 sq ft self-storage construction in North America. Over building, minus 20,000 ft worth of common space, the past few years, we estimate that we have been would generate $1.44 million annually at 100% manufacturing between 10%-14% of all new self- occupancy. Additional space may be gained by storage projects in the United States. added a second floor in buildings with ceilings of 16’ or greater. Do you have an actual conversion we can visit? Absolutely. Contact us to arrange a tour of a Will Trachte do all the engineering previous customer’s facility. and proforma cost estimating? Trachte’s involvement in a storage conversion Which of our stores are likely project varies depending on the customer’s candidates for conversion? needs. With a staff of full time engineers, techs, The ideal site for a self-storage conversion has 40- and project managers, Trachte is dedicated to 100,000 sq ft of space available. It should be on a providing everything needed to make your project road with a traffic count of 12,000 or greater per a success. day, unencumbered, and with high visibility. What zoning issues are we likely to run into? Compare the numbers! For new construction, obtaining proper zoning Self Storage Industry Performance and overcoming neighbor objections can be a High gross profit margin = 65-70% major hurdle. In the case of most conversion Low operating costs of 30-35% projects, neighbors and community leaders are Low conversion costs of $15 (+/- 5) per square foot Ease of management with two to three employees supportive of any project utilizing an existing Typical rental rates: $18 (+/- 5) per sq ft annually building which would otherwise sit unused. Typical valuation for completed facility sale: $85 per sq ft Self-storage properties are commonly built with a premium appearance and hotel-like lobbies, 877.356.5824 tbs@trachte.com www.trachte.com 8393.tbs.0510 ISO 9001:2008 CERTIFIED