Northwest Self Storage Selects StorageTreasures.com for Online Lien Auctions
OpenTech Alliance, Inc., managers of StorageTreasures.com, announced today that Northwest Self Storage has transitioned a majority of their storage lien auctions to StorageTreasures.com. Northwest is an industry leading self storage operator, and a National Storage Affiliates (NSA) Participating Regional Operator (PRO).
Northwest operates 80 self storage properties throughout Oregon and Washington. In the past, Northwest has traditionally held live, onsite auctions at their facilities, but has recently started testing online auctions. According to Nate Schwalbach, Northwest’s VP of Operations: “We are very happy with StorageTreasures features, the number of bidders that view and bid on our auctions, the final sale prices, as well as the customer service and training team at OpenTech.” Other National Storage Affiliates PROs currently using StorageTreasures.com include; Move It Self Storage, Hide-Away Storage, Personal Mini Storage, and Optivest Properties.
StorageTreasures.com is the world’s largest online self storage lien auction platform, currently serving over 6,000 self storage facilities in the US and Canada. The website hosts over 12,000 online auctions per month, and advertises over 1,000 live auctions as well. In 2017, StorageTreasures.com has averaged over 225 viewers, and 14 or more bids for every auction held. With an average sales price of over $196, and many auctions topping out at $1,000 or more (some as high as $5,000+), StorageTreasures.com offers storage operators a compelling alternative to traditional onsite lien auctions. StorageTreasures.com is managed by OpenTech Alliance, Inc.