OpenTech Reports 60K Auctions in December on

Phoenix, AZ – OpenTech Alliance, the property tech leader in the self storage industry and managing stakeholder of StorageTreasures, announced record auctions results for operators on the online storage auction platform in 2021. The platform saw significant spikes in December, recording the most auctions ever hosted by storage operators, a total of 59,672 auctions, in the site’s 11-year history.

During the calendar year 2021, the e-commerce website reported:

  • Sellers hosted 547,767 online storage auctions, of which:
  • 293,150 auctions sold
  • 230,149 cancelled, many resulting in recovered delinquent rent
  • Sold for an average $244 per unit
  • Recovered an average 44% lien losses from auction sales


Factors related to the COVID-19 pandemic, such as increased delinquency and restrictions on in-person gatherings, attributed to the record growth. Online auctions have provided a critical avenue for self storage portfolios to manage lien sales and recover delinquent rent. Operators who made the switch from live auctions to report the platform has extended their reach, improved rent recovery and shaved valuable time off the lien sale process.

StorageTreasures is the premier online auction platform, trusted by over 18,863 storage facilities to complete more than 40,000 average auctions each month. Learn more about StorageTreasures here, or contact us today.

SmartLock electronic locking solution for self storage debuts at SSA Fall

OpenTech Alliance to Debut INSOMNIAC® SmartLock™ Electronic Locking Solution, Boasting Low Cost and Longest Battery Life in Industry

OpenTech Alliance is proud to unveil its latest innovation, the INSOMNIAC SmartLock. This secure electronic lock system promises to redefine automated locking solutions for self storage operators, presenting a strategic opportunity to streamline unit access control, reduce operational costs and elevate the overall tenant experience, at a reasonable cost. Self storage operators demoed INSOMNIAC SmartLocks at the Self Storage Association (SSA) 2023 Fall Conference and Trade Show on September 6th and 7th in Las Vegas, NV.

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