Columbia Startup Success: StorageMart!

Columbia Startup Success: StorageMart!

StorageMart

StorageMart
StorageMart. Photo by Jodie Jackson Jr

StorageMart is a chain of self-storage facilities headquartered in Columbia, that operates facilities across the U.S., Canada and the United Kingdom. StorageMart was founded in 1999 by Gordon Burnam, who had been involved in the self-storage industry since 1974. In 2021, when StorageMart acquired Manhattan Mini Storage for more than $3 billion, it was the largest transaction ever recorded in self-storage industry history at that time.

Gordon Burnam, a first-generation business owner, struck pay dirt when he invested in mini-storage units in the mid-1970s, partnering with Al Price of Boone County National Bank to build the business.

After a successful run in the industry, which culminated in Storage Trust going public in 1994 and eventually being sold to Public Storage in 1999 for $600 million, Gordon and his four children re-invented their storage business as StorageMart Partners. StorageMart now has more than 90 U.S. locations and has multiple sites throughout the U.K. and Canada.

Gordon Burnam passed in 2017, but his legacy is kept alive with four generations of Burnam’s working in the company today. His sons, Mike, Chris and Tim, and his daughter, Kim, hold leadership positions with StorageMart. In addition, the siblings formed B-Sib, LLC, which purchased and refurbished Parkade Plaza in 2004.

Gordon, a race fan, was an original investor in Moberly Speedway and previous owner of Global Travel, and a developer for many county subdivisions, including Bon-Gor Lake Estates and Haystack Acres. He was also selected as one of the seven original members of the Self Storage Hall of Fame by the Self Storage Association.

“It’s still remarkable considering how StorageMart started as a one-facility outpost in Columbia, Mo., and grew to the global entity it has become today — still run by the same family.”

— David Lucas, contributor for Mini-Storage Messenger

StorageMart’s parent company is TKG-StorageMart Group, with headquarters in Columbia. The company also sells moving and packing supplies.

As of 2023, StorageMart has more than 300 locations, making up some 15.2 million square feet of rentable space across 135,000 units.

According to its website, StorageMart has an extensive record of charitable giving to the communities it calls home through its Store It Forward program. StorageMart has provided free rent to charities like Blair’s Tree of Hope and partnered with others like Global Giving in 2017 to raise $50,000 in disaster relief for Hurricane Irma. In 2017 alone, the self-storage company donated more than $159,000 to charities, in addition to donating over $370,000 in free rent to charities throughout the US, Canada, and UK.

In 2018, StorageMart began donating $25 per online review its receives to Big Brothers Big Sisters.

Fun fact:

As of 2023, StorageMart has more than 300 locations, with over 90 U.S. locations and multiple sites throughout the U.K. and Canada, making up some 15.2 million square feet of rentable space across 135,000 units.

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