Self Storage Investing

Learning More About The Economies Of Scale In Self-Storage - Herby Bowman

Season 1 Episode 74

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What does it mean to scale or partner with people continuously growing on a more significant level? Live from the Inside Self-Storage (ISS) World Expo 2022 in Las Vegas, Herby Bowman joins us in our booth to briefly talk about Store Space’s journey and success stories. Scalability is the theme, and we got you covered.



WHAT TO LISTEN FOR


Non-traditional ways of structuring deals
Store Space’s value proposition in the market
The entrepreneurial side of self-storage
Next-level play, geography wise
The importance of delegation and focusing on one’s strengths



RESOURCES/LINKS MENTIONED


Chis Harris https://www.linkedin.com/in/harrisstorespace/
Rob Consalvo https://www.linkedin.com/in/rob-consalvo-16a7474/
iStorage https://www.istorage.com/



ABOUT HERBY BOWMAN


Herby has been successfully growing brands for decades. In the mid-’90s working with hospitality brands like Days Inn, Howard Johnson, Ramada, and more recently with Choice Hotels’ brands. He has had success in many areas. He has closed well over 100 hotel deals with brands like Comfort Inn & Suites, Days Inn, Sleep Inn, MainStay Suites, and Suburban Extended Stay Hotels and has helped these systems grow into the ubiquitous names they are today. June 2019 brought new challenges in the self-storage sector, promoting Public Storage's newly created Third Party Management Platform. In late 2021, he joined Store Space Self Storage to guide their growth and development efforts.  Since graduating from the University of Tulsa in 1991, he has flourished in brand development and product promotion. Beginning his career at Sysco Foods, he quickly moved into hospitality product sales, working for Guest Supply. While at Guest Supply, he led the charge to build the amenity program for Guest House International. After a stint in Franchise Development with HFS (now Wyndham), the world of pharmaceuticals beckoned. He spent several years promoting brands for Johnson & Johnson, Bayer, and Roche. Before returning to Franchise Development, he earned the coveted “CMR,”  Missing the art of the large deal, he then transitioned back into the realm of Hospitality Franchise Development. Working with Choice Hotels International since late in 2007, I earned six consecutive President’s Club Trophies and was awarded two prestigious “Deal of the Year” awards. Currently, he is Store Space Self Storage’s Vice President of Strategic Partnerships.



CONNECT WITH HERBY


Website: https://www.storespace.com/
LinkedIn: https://www.linkedin.com/in/herbebowmanjr/
Email: hbowman@storespace.com



CONNECT WITH US

Website: https://www.selfstorageinvesting.com/
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Twitter: https://twitter.com/SelfStorageGuy
LinkedIn: https://www.linkedin.com/in/scottameyers/
Youtube: https://www.youtube.com/user/SelfStorageInvesting
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