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Business Editors

SEATTLE--(BUSINESS WIRE)--Feb. 15, 2001



Shurgard Storage Centers, Inc. (NYSE:SHU), a leading self-storage

real estate investment trust (REIT), today announced that it had sold

$200 million of senior unsecured notes due 2011. The notes were offered

under SEC Rule 144A.



The notes have a ten year term to maturity, a coupon rate of 7.75%,

and were issued with registration rights to holders of the notes.

Proceeds from sale of the notes are expected to be available to the

Company on February 20, 2001. Shurgard intends to use the proceeds to

pay down the approximately $161 million balance on the Company's

line of credit and for other general corporate purposes.



The notes being sold have not been registered under the Securities

Act of 1933, as amended, and may not be offered or sold in the United

States absent registration or an applicable exemption from registration

requirements.



About Shurgard Storage Centers, Inc.



Shurgard Storage Centers, Inc. is a fully integrated,

self-administered, self-managed real estate investment trust (REIT)

headquartered in Seattle, Washington. The Company specializes in all

aspects of the self-storage industry and operates a network of over 431

storage centers located throughout the United States and Europe.

Shurgard is followed by security analysts at leading institutions. For

additional information visit www.shurgard.com or refer to the

Company's Form 8-K filed with the SEC.



COPYRIGHT 2001 Business Wire



No portion of this article can be reproduced without the express written permission from the copyright holder.



Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

http://www.thefreelibrary.com/ShurgardRaises$200MillionThroughUnsecuredBondOffering.-a070465426

If you only want to do wildlife viewing, the Etosha Pans is the best in Namibia. Although from my memories (was a child when we visited there) I think that 5 days for Etosha Pans is a bit too much time.



I would take more time in Namibia to see more of the country. The land is streched out and very beautiful. From a personal point of view, I would visit Namibia not only for wildlife.



I would suggest that you visit the south of Namibia as well. Do go to Luderitz in the south — coastal town. Near Luderitz you will find the ghost town of Kolmanskop — partly covered by desert sand. There is also Elisabeth Bay and another one — cannot remember the name — althought the latter two is only accessable with a tour group and special permits. I would suggest that you look at the Namibian tourist website for requirements.



A little bit to the north is Sososvlei with some of the world's biggest dunes (Big Daddy). You can book a guide at the game park next to the Sososvlei Lodge to take you there for a 'sundowner'.





If you go to the central you will get Windhoek, the capital city — skip it if you like, but there is a lot to see. Old german style buildings.



If you go to the north from Windhoek, you turn to the west at Okahanja, towards the coast and the town of Swakopmund — very German. Swakopmund has grown a bit the past years, but they kept the original building styles (German) and was done really nicely. Walvisbay is next to Swakopmund, but do not have a lot to see and do.



Inbetween the two is Langstrand village — where Angelina Jolie stayed when her baby daughter was born.



On the way to Swakopmund you will find the famous Spitskoppies on the right — you have to leave the main road to go there.



Some where to the north is the Brandberg where the famous 'Wit Vrou' (white woman) drawing is to be found in the cave(s) done by Boesmans (native people of Namibia). If you travel north from Okahanja through Tsumeb towards Ovamboland (Oshakati and Ondangua) you pass the lakes of Otjikoto and Guinas (the Guinas cannot be reached from the mainroad — as far as I know, it is on private property).



These two are fed by the same onderground river. The waterlevel is lower that ground level and the depth of the lakes could not yet been established — I stand to be corrected. Toward the north you will get the Etosha Pans.

I took you now on a virtual tour from the south to the west and north — there are many other places of interest that I may not know about.



Unfortunately I never visited the Kruger National Park (althought I live in Gauteng in South Africa) and cannot really give you any advice regarding that.





Townships like you heard about in America would refer to the traditionally black establishments, and not to towns as such. It is not safe to go into townships on your own, and it will be a good thing to avoid them at all. There are some tours that take people to some of the townships, like Soweto, but I have never been there.

Hope you enjoy your trip to Southern Africa.

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Padlocks, a variety of different bins, bubble wrap, carpet tape, markers, dust covers and a variety of other materials at wholesale costs can be found. Free transfer in transport is the free use of either a Rent-A-Store truck or trailer to your initial move in to a Rent-A-Store storage unit. Maintaining a secure and safe self storage environment is a priority at Rent-a-Store.

When looking for Storage in Cape Town one must take into account if low-cost is at all times cheaper. Find out whether the self storage Johanneburg facility provides pest control services or take into account paying for such companies yourself. Self storage in Cape Town, South Africa is a extra complicated market than different areas in South Africa. Cedar Storage will offer you off-loading and loading help if wanted. Storage models range from 3m² at R385 for a storage storage unit and go up to 36m² at R2135 for a storage garage unit.

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https://uk.answers.yahoo.com/question/index?qid=20070527043345AAoe1Vm

For many people who are in commercial real estate, the question that always comes up is whether or not a property is worth it. There are many things to think about, and keeping up with what is desirable when it comes to commercial real estate and what signs tell you that a property is going to be worth your time is something that every investor and buyer should think about. When you are taking a look at buying self-storage facilities, you'll find that you have many choices ahead of you. When you are going to make a decision, you'll find that there are a few rubrics that you need to keep in mind.

The first thing to think about when you are considering commercial real estate, especially when it has to do with self-storage is thinking about what class the facility is to be considered in. A Class A facility, for instance, is a self-storage facility where everything is ideal. This is a relatively expensive property and for good reason; it has a good location, it has had good upkeep, and it will command fairly high rates. This is the sort of property that is above average in terms of finishing work, construction and good layout.



After the Class A properties, you'll find the Class B commercial real estate properties. Class B commercial real estate properties offer less robust benefits than those found in Class A. While they do not have any real problems, they may lack a good design or layout, or they might feel unfinished or incomplete. You may also find that they are below a certain standard when it comes to mode of operation or technology. While they will command fairly average self-storage rental fees, they simply do not have as much to offer as Class A properties.



Finally, Class C commercial real estate properties can be thought to have the bare minimum when it comes to functionality and there is a chance that they may have problems in their past when it comes to maintenance and upkeep. You'll find that they may be located in less desirable areas, and overall their facilities tend to be smaller than the ones kept by Class A or class B self-storage units. You'll often find that Class C properties are known to be a bit problematic when it comes to getting steady clients.

With this in mind, it might surprise you to note that if you are new investor, Class C commercial real estate properties might be the ones that you start out with. While it is true that they are perhaps the least desirable self-storage options when it comes to the three grades, the big thing draw is the price. These properties tend to be a great deal less expensive than Class A or Class B properties, and because of this, they are significantly easier to get a hold of. You'll also find that they are frequently being held by private people rather than companies, which can make getting a good price and the business transactions go a great deal faster. When you are just getting started in the commercial real estate business, this is definitely a great place to start.



The important thing that you need to keep in mind is that just because you buy a Class C property, doesn't mean that it has to stay a Class C property. Though the leap from a Class B property to a Class A property is difficult, you'll find that the jump from a Class C property to a Class B property is quite simple, and with a very small amount of work and investment, that you can turn this self-storage property around and make an impressive profit.

When you are thinking of ways to upgrade your Class C commercial real estate property into a Class B property, remember that the changes that you put in don't necessarily have to be major. Take a look around with a critical eye and see what can really improve the place. First, look at the basic color of the place. Are all of the buildings weathered to the point where they look decrepit, or is the paint simply an awful refugee from the seventies? You'll find that a new coat of weather-resistant paint can make everything open up, so think about what a color change can do for your self-storage facility.

Similarly, think about what you can do with the land. One thing that smart investors will do is figure out what the land is actually good for and think about how much they have. While you don't want the buildings to look crowded, you'll find that there is probably space for a few more modern storage facilities on your new commercial real estate. This can act as a draw that pulls in people looking for self-storage facilities, and even if they don't end up going with the newer ones, there is a chance that they will look at the older ones as well.

If you are looking to really open up the self-storage commercial real estate property that you have purchased, don't forget to look into cosmetic changes that are more structural in nature, like real floor to ceiling retail windows. This is a good way to advertise your presence and to let people know what it is that you do.

There are many reasons that you might be interested in a self-storage commercial real estate property, so make sure that you have all the facts, and look into how easy it is to get a Class B return on a Class C investment!

By: Tony Seruga, Yolanda Seruga and Yolanda Bishop

Article Directory: www.articledashboard.com

Tony Seruga, Yolanda Seruga and Yolanda Bishop of www.maverickrei.com specialize in commercial and investment real estate. As of May, 2006, they and their partners are managing over $600 million dollars worth of new projects.

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Airport surveillance video shows a 15-year-old stowaway easing his way out of a jetliner's front wheel well and stepping onto the tarmac in Hawaii after miraculously surviving a five-hour flight from San Jose, Calif., in the unpressurized compartment, authorities said today.

The video appears to lend credence to the teen's story that he survived a flight that some experts deemed impossible.

The video captured the stowaway — wearing a hoodie, jeans and sneakers — exiting the wheel well of a Hawaiian Airlines Boeing 767, which department from San Jose and landed in Kahului, Maui, at about 10:30 a.m.



«It's not a temperature controlled area so the fact that he was able to survive is a miracle,» Maui Airports District Manager Marvin Moniz told ABC News.

When the teen was found walking on the tarmac at Kahului Airport about an hour after the plane landed, he appeared disoriented and was questioned by a worker near the plane, Moniz said, noting the worker alerted authorities.

The teen was weak and couldn't hear well at first, Moniz said, and he was fed lunch and cookies.

«Due to the ongoing investigation, surveillance video will not be released,» Moniz said.

The teen was taken into custody and checked by a doctor and found to have no injuries, FBI spokesman Tom Simon told ABC News.

San Jose Airport spokeswoman Rosemary Barnes said the airport doesn't have video of anyone scaling a fence but does have video of someone walking on airport grounds. It was unclear if that video would be made public.

«It does appear that he did scale a part of our perimeter fenceline under cover of darkness and remained undetected as he then proceeded onto the aircraft ramp and then proceeded into the wheel well of the aircraft,» an airport official to ABC affiliate KGO.



After the flight was airborne, the boy, who had run away from home, passed out inside the unprotected, unpressurized wheel well, Simon said. When the plane landed after if 2,300-mile journey at Maui Airport at 10:30 a.m. Sunday, the boy was still passed out and he did not come to for about an hour, Simon said.

VIDEO: Teenager Hitches Flight on Hawaii-Bound Plane

News of the incident was met with suspicion and scrutiny. Most wheel well stowaways don't survive, falling victim to frigid temperatures and lack of oxygen. The chances of survival of a wheel well stowaway on a commercial aircraft are about 24 percent, according to the Federal Aviation Administration's Civil Aerospace Medical Institute.

«From 1947 through 2014, including the April 20, 2014, incident, there have been 94 flights worldwide involving 105 people who stowed away [in unpressurized compartments],» the FAA said in a statement. «Of those 105 people, 80 died and 25 survived.»

«The last known survivor of a stowaway incident was in August 2013 on a domestic flight within Nigeria, Africa,» the FAA added. «The last fatality was found at Dulles International Airport in February 2014. The flight traveled from Johannesburg, South Africa, on Feb. 12, 2014, and then on to Dakkar, Senegal, and landed at Dulles on Feb. 14, 2014.»

Dr. Richard Besser, ABC News' chief health and medical editor, said in order to survive inside a wheel well during a flight, the body has to fall into a hibernation-like state, with the heart only beating a couple times a minute.

«It's near impossible, almost miraculous, and maybe there's more to the story,» Besser said.

Alison Croyle, a spokeswoman for Hawaiian Airlines, released a statement, saying, «Our primary concern now is for the well-being of the boy, who is exceptionally lucky to have survived.»

The boy has not been charged with any federal crimes in Hawaii, Simon said. He has been turned over to Hawaiian child protective services.

This story has been updated to reflect a change in the age of the stowaway teen, who authorities previously said was 16 years old.

ABC News' David Kerley contributed to this report.

http://abcnews.go.com/US/stowaway-video-exiting-planes-wheel-death-defying-flight/story?id=23402777

America Has More Self-Storage Facilities Than McDonald's, Because Apparently We're All Hoarders



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America Has More Self-Storage Facilities Than McDonald's, Because Apparently We're All Hoarders

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