The self-storage industry’s status as a “recession-resistant business” is being put to the test during the coronavirus pandemic. But despite a sour economy, facility investors and operators will likely benefit in the coming months. See how and why.
Based on their year-to-date returns and growth prospects, NREI compiled a list of the REIT sectors that stand the best chance of weathering this economy.
Demand for self-storage properties was higher than usual in March, even as much of the U.S. economy shut down.
There are dozens of important steps that must be taken during the planning and building of a self-storage project. Here are six industry trends that’ll affect decision-making this year as you pursue your next development.
A self-storage facility in Westchester, N.Y. launches a pick-up service for tenants.
As many markets become oversaturated with self-storage properties, investors are seeing falling rents.
While occupancy can be an indicator of site performance, its important how to use that information to maximize business potential.