Extra Space Selects StorageTreasures.com as Exclusive Online Auction Partner

November 22, 2019 – Phoenix, AZ. OpenTech Alliance, the leading developer of innovative smart-connected technology solutions for the self storage industry, announced Extra Space Storage has chosen StorageTreasures as their exclusive online auction partner. Extra Space, the second largest operator of self storage facilities in the U.S., has converted over 1,000 stores from live to online auctions to date. All facilities that switch to an online auction process in the future will do so on StorageTreasures.com.

“We have been working with the team at OpenTech for several years,” stated Brett Boot, Senior Manager of Operations at Extra Space. “We feel their technology, data analytics, investment in advertising our auctions, customer service and most importantly willingness to partner and work together on innovative programs make StorageTreasures.com the best solution for our company. While we will continue to hold live auctions in areas that make sense for us, StorageTreasures.com is our top choice for online auctions.”

With the switch to online auctions, Extra Space facilities are able to clear delinquent units faster, and recover more on delinquent rent.

“Over the past three years we have invested heavily in upgrading our technology and have worked diligently to provide added value for our customers,” stated Robert Chiti, OpenTech CEO. “We are very happy to see our commitment to Doing It Right is paying off, and the platform now brings even greater benefit for our partners.”

StorageTreasures is the premier online auction platform, trusted by over 8,500 storage facilities to complete more than 18,000 auctions each month. Learn more about StorageTreasures here, or contact OpenTech today.

Facebook
Twitter
LinkedIn
Extra Space expands online auction services with Auction Review Service to reduce lien sale risk

Extra Space Storage Adds 1,000 Additional Facilities to OpenTech Auction Review Service to Uphold Auction Process Standards Following 50% Overnight Portfolio Growth

In 2023, the OpenTech Auction Review Service program reviewed lien files for 1,800+ Extra Space Self Storage locations to prevent wrongful lien sales and legal disputes in their online storage auctions on StorageTreasures.com. This was a helpful boon in the REIT’s operations after it grew 1,000 facilities overnight in a recent merger.

Read More »
A picture promoting that the 2024 Self Storage Data White Paper is available now

Insights Unlocked: OpenTech Alliance 2024 Self Storage Data White Paper Available Now

This report equips operators with actionable insights to help drive operational efficiencies and competitive advantages at their facilities. Download today to delve into intricate facets of customer behavior, ranging from rental and payment patterns to duration of occupancy and frequency of interactions, to illuminate emerging trends and shifting consumer preferences within self storage.

Read More »
OpenTech partners with Wirepas to bolster electronic locks for self storage

OpenTech Alliance Announces Strategic Integration with Wirepas to Create a Commercial-Grade Locking Solution for Self Storage Facilities

OpenTech is excited to share its latest partnership: a strategic integration with Wirepas, a prominent leader in connectivity, communications and scalable IoT deployments. This collaboration signifies a substantial milestone to deliver exceptional technology solutions to the self storage industry, particularly enhancing the connectivity landscape for INSOMNIAC® SmartLock™, a recent innovation in electronic locks for self storage that leverages wireless mesh network technology.

Read More »