Rental growth in the self-storage sector will hit a new normal, according to Eric Frankel, an analyst with Green Street Advisors. But the new normal will be “fine.”
In 2016, NAREIT found that the sector’s total returns were down 8.14 percent, likely stemming from weakening demand for the product, according to observers.
The self-storage sector’s appeal seems to defy convention. Self-storage assets lack the architectural themes and fine details that produce trophy properties in the office and retail sectors. No gleaming lobbies or guest amenities like the hotel s...
The self-storage industry is one that has not garnered much investor attention, but may start to, judging by the numbers. Vacancy rates continued to decline in the first quarter and rents climbed at a healthy rate...
Few commercial property sectors have posted revenue growth as consistent as the self-storage industry in recent years. Returns for properties in the sector hit 10.0 percent in the fourth quarter of 2015 and projected supply shortages are expected...
