2018 Self-Storage National Report


2018 Self-Storage National Report


Rising Demand Temporarily Overshadowed by Construction Swell

Positive economic momentum supporting need for self-storage as supply wave slows rent growth. The economy is exhibiting strong growth in 2018, a boon for self-storage real estate. Consistent job gains are allowing more recent college graduates and other young individuals the financial freedom to move out on their own. Amid rising homeownership costs, many are renting apartments, where limited floorspace creates a heightened need for external storage. Older members of the population are also placing more of their possessions in storage units as they downsize...   ...more

RSK: Once the darling of real estate. Great cash flow but management intensive. Now Industrial and warehouse are the "sweetie pies".

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- - Volume: 6 - WEEK: 40 Date: 12/3/2021 6:11:37 PM -