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14 Aug 2020

Neighbor.com Launches Across San Francisco Bay Area

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SAN FRANCISCO, Aug. 11, 2020 /PRNewswire/ --

Neighbor.com, the self storage marketplace disruptor, launched today across the San Francisco/Oakland/San Jose metro area, creating a sustainable alternative to traditional self storage. The platform enables local residents to rent out extra space in and around their homes to their neighbors. Neighbor's shared storage marketplace brings inexpensive, safe and accessible storage options to the Bay Area while empowering homeowners to make thousands of dollars in passive income.

"Neighbor is the easiest way for homeowners to generate some much-needed money during these challenging times to help cover a mortgage or other essential expenses," said Joseph Woodbury, CEO of Neighbor. "Our San Francisco launch couldn't be more timely. The need for convenient and affordable self storage has never been higher in the San Francisco Bay Area. The COVID-19 pandemic has led to extremely low availability at traditional self storage units throughout the region."

Neighbor introduced the peer-to-peer shared marketplace concept to the under-innovated $40 billion self-storage industry. As the "Airbnb of Storage," Neighbor allows homeowners to rent unused space – such as garages, attics, driveways and sheds – to a neighbor who has storage needs. Some homeowners make up to $28,000 a year using Neighbor which – unlike other gig economy offerings — is truly passive income.

Beyond offering storage space within homes, Neighbor is also partnering with San Francisco-based Stuuf to repurpose unused commercial office space in SoMa and throughout downtown San Francisco. Stuuf's team quickly and efficiently converts unused office space into storage space that can then be listed on Neighbor's platform. This additional unique storage solution will maximize supply in some of the highest demand areas, relieving pressure on storage renters adapting to COVID-19 life transitions.

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As part of the market launch, Neighbor has set up a team of local photographers who will visit interested homeowners and photograph their rental space to help enhance their profile on the platform. They can also help identify other spaces at the house that may be rentable.

About Neighbor.com

Founded in 2017, Neighbor is a peer-to-peer self-storage company based in the Silicon Slopes of Lehi, Utah. ...

Learn more about Neighbor at neighbor.com.


Thumbnail: Photo by Eric Ward on Unsplash

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