Both occupancy and rents continue to rise at self-storage properties, particularly as construction is only meeting a fraction of demand, according to market experts.
The self-storage industry is difficult to measure, as about 80 percent of all properties are owned by small private or mom-and-pop firms. However, as the multifamily sector has skyrocketed from the recession, the niche self-storage industry is attracting all sorts of new investors looking for safe returns
Register to view the full article
This article is part of our premium content subscription. You need to subscribe to gain access to premium content.
Why Register for NREIonline? It's simple and free, and here is what you get:
• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.