Depending on local regulations, a landowner may need to secure real-estate entitlements before being allowed to develop land. Such entitlements can be difficult to obtain, as the law surrounding them is often dense and complex. In the area of self-storage facility construction, the sheer variety of local regulations can sometimes impose additional administrative costs and thus damage the profit potential of a new development. In this article by Kerry Curry for SpareFoot.com, Justin Hodge, a Partner at Johns Marrs Ellis & Hodge LLP provides commentary on the barriers facing landowners seeking entitlements.
To read Ms. Curry’s article, click here.