Your Essential Guide to Breaking into the Self Storage Industry

Breaking into self-storage? Balance data with industry insight, focus on location needs, and embrace tech for smooth operations and customer satisfaction.

October Recap

Taking a look at how October 2024 performed in comparison to October 2023 by analyzing the average price per square foot within the top 25 markets.

San Antonio: Growing Market, Rising Self-Storage Demand

San Antonio’s rapid growth draws self-storage developers, but 10% new supply under construction may keep rates down despite high demand from a rising population.

So, You Want to Invest in Self-Storage? Here’s Your First Step

Before diving into self-storage investment, research the market like a pro. Know local demand, competition, and operations to set yourself up for success.

Why Dallas is a Hot Market for Self-Storage

Dallas is the self-storage capital with strong development despite a supply slowdown. Rental rates are stabilizing, making it an attractive market for developers.

Ilyssa's Insights: Your Guide to Navigating the Self-Storage Industry

New to self-storage or seeking fresh insights? Follow Ilyssa's Insights for expert tips, trends, and strategies to help you thrive in this growing industry!

6 Tips for Self-Storage Operational Excellence

Operational excellence is vital in self-storage. Enhance customer experience, streamline operations, prioritize security, and adopt targeted marketing for success!

How Austin’s Tech Growth and Population Surge Drive Self-Storage Demand

Austin’s tech boom and job growth have fueled self-storage demand, but after a supply surge, rates have dropped. Expect a rebound when interest rates fall.

Introducing New Features for the Radius+ Portfolio Project: A Comprehensive Update

The Radius+ Portfolio Project adds user-specific sharing, bulk facility uploads via CSV, and the ability to edit portfolio and facility names for better management.

Atlanta Self Storage Supply Growth - Trends and Future Outlook

The Atlanta CBSA has seen steady self-storage supply growth, with 7.1% more under construction. Expect continued pressure on asking rates due to this surge.

Understanding Housing Permits: Key Data and Impact on Population Growth

Housing permits reveal future growth. Radius+ analyzes permit data to project housing trends, helping businesses like self-storage plan for demand.

2024 Texas Self Storage Growth: Top 3 Markets to Watch

Explore Texas's booming self-storage growth in 2024, with El Paso, Killeen-Temple, and San Antonio-New Braunfels leading in projected supply expansion.

Self-Storage Supply Skyrockets in These Key Mid-Atlantic Markets

Explore self-storage supply growth in the Mid-Atlantic region, focusing on Syracuse, Allentown, and New York CBSA’s, with significant new developments since 2023.

Sunbelt Regions and Self-Storage

Sunbelt region sees a surge in self-storage supply, led by Atlanta, Charlotte, and Memphis. Rapid growth may outpace demand, raising questions about market balance.

How Self-Storage is Recession Resilient

Self-storage is recession-resilient, offering consistent demand, low costs, scalability, and strong returns. It's a smart investment for navigating economic uncertainty.

July Recap

Taking a look at how July 2024 performed in comparison to July 2023 by analyzing the average price per square foot within the top 25 markets.

Traffic Counts Are Key!

Traffic counts impact self-storage site profitability by measuring potential customer volume. High counts boost marketability and aid trade area analysis.

The Robots Are Coming - To Protect Your Self Storage Facility

Self-storage facilities are adopting kiosk-shaped security robots for enhanced 24/7 surveillance, interaction, and cost efficiency. Learn about this innovative trend.

Achieved Rates vs Asking Rates

Explore the gap between advertised and achieved rates in self-storage and how REITs' strategies affect market stability and tenant behavior.

Build Down, Not Up - Underground Storage Facilities

Explore the potential of underground storage facilities. Learn how they offer cost savings, aesthetic appeal, operational advantages, and environmental benefits.

June Recap

Taking a look at how June 2024 performed in comparison to June 2023 by analyzing the average price per square foot within the top 25 markets.

Don't Let High Rates Get You Down

Explore strategies for navigating high interest rates in self-storage investments. Maximize opportunities with proactive deal-making tactics.

Self Storage: First Time Buyers and High Interest Rates

Discover how high interest rates affect self-storage purchases and explore strategies to find viable deals. Learn about financing, negotiation, and expanding your search area.

Drive-thru Self Storage - The Future is Here

Discover the convenience and protection of drive-thru storage. Enjoy easy access, weather protection, and central loading areas for seamless, stress-free storage.

AI and Self-Storage

Explore the transformative impact of artificial intelligence on the self-storage industry, from dynamic pricing and enhanced security to automated marketing and operational efficiencies. Discover how AI integration enhances profitability and tenant satisfaction, paving the way for strategic growth and institutional investment.

Ninja Demographics - RV Parks

Boost your [self-storage](https://www.radiusplus.com/keyword/self-storage) business by catering to RV residents. Understand their unique needs and implement effective strategies to attract this growing market.

May Recap

Taking a look at how May 2024 performed in comparison to May 2023 by analyzing the average price per square foot within the top 25 markets.

Self Storage Success: 6 Steps to Secure Your First Facility Purchase

Discover how to acquire a self-storage facility with our step-by-step checklist. Learn about location analysis, financial evaluation, operations, networking, and scaling strategies.

April Recap

Taking a look at how April 2024 performed in comparison to April 2023.

Fastest Growing Markets in the Northeast

Explore the fastest growing self-storage markets in the Northeast, from Providence-Warwick's supply surge to Reading's economic growth. Stay informed on emerging trends.

Self Storage Indicators - The Walmart Effect

Discover key indicators for self-storage developers' location strategy, from housing permits to emerging trends like chip factories. Learn how to leverage data for optimal site selection.

Lending Landscape: What Is on the Horizon?

Insights into the 2024 self-storage market reveal rising sales activity amid hopes for interest rate stabilization. Investors remain cautious amid uncertainties, eyeing bid-ask spread and capital availability.

The Current Lending Landscape Q2

The current commercial real estate financing landscape, as it applies to lending, is finally warming up.

Supply Growth Zooms for Top CBSAs

Which [markets](https://www.radiusplus.com/keyword/markets) within the top 50 have seen the most percentage supply growth so far this year?

Highlights from ISS World Expo 2024: Optimism and Innovation in Self Storage

Self-storage's greatness lies in its people, their optimism, and innovation amid challenges. The future of the industry is an exciting one!

March Recap

Taking a look at how March 2024 performed in comparison to March 2023.

Housing Permits Leading Indicator for Self Storage Demand

One of the best leading indicators for the [Self Storage](https://www.radiusplus.com/keyword/self-storage) Industry is issued [Building Permits](https://www.radiusplus.com/keyword/building-permits).

Housing Hacks for Self Storage Investing

What criteria are you using when analyzing locations? Is it based on National Averages or Local Data? How can you combine the two and come up with a pragmatic reason to invest?

Filter Out the Noise with Radius+

The Radius+ team has released a new filtering system to help you look nationally for pockets of supply that fit your criteria.

February Recap

Taking a look at how February 2024 performed in comparison to February 2023.

Are You On The Right Side Of The Road?

People do not spend enough time learning what side of the street is best for their budget, their time, their experience, their short and long-term goals, and how to get there.

Self Storage Market Insights: Florida

The State of [Florida](https://www.radiusplus.com/keyword/florida) is making waves in the [Self Storage](https://www.radiusplus.com/keyword/self storage) world as there is a ton of new [supply](https://www.radiusplus.com/keyword/supply) being added.

Beyond Numbers: It all starts with Self-Storage Location

No matter what type of Self Storage Investor you are, the first thing that comes to mind is: Location.

2024 Self Storage Pricing Revolution

Explore the 2024 shift in [Self Storage](https://www.radiusplus.com/keyword/self-storage) pricing strategies, balancing short-term gains with long-term sustainability.

January Recap

Taking a look at how January 2024 performed in comparison to January 2023.

Self Storage Market Insights: Denver

Learn about The Denver-Aurora-Lakewood, CO CBSA in this market insights report

Self-Storage Development Soars in Phoenix

The Phoenix-Mesa-Scottsdale, AZ CBSA has the most percentage supply under construction.

Unveiling Growth: Cleveland-Elyria, OH Leads in 2023 Supply Expansion

[Cleveland-Elyria](https://www.radiusplus.com/keyword/cleveland-elyria) witnessed the highest percentage [supply growth](https://www.radiusplus.com/keyword/supply-growth) within the top 50 markets.

December Recap

Taking a look at how December 2023 performed in comparison to December 2022.

Yearly Recap 2023

Taking a look at how rates have changed from 2022 to 2023.

Unveiling Market Dynamics: The Top 3 Increases in Supply Growth Across Key Markets in 2023

With all the challenges to development on the horizon, the Radius+ team took at the top 3 markets within the Top 25 Markets that saw the biggest increase in supply growth YoY when comparing 2022 to 2023.

Unveiling Market Dynamics: The Top 3 Slowdowns in Supply Growth Across Key Markets in 2023

With all the challenges to development on the horizon, the Radius+ team took at the top 3 markets within the Top 25 Markets that saw the biggest slow down in supply growth YoY when comparing 2022 to 2023.

Riding the Wave: Self Storage Growth Post-REITs' Pause

[Self storage](https://www.radiusplus.com/keyword/self-storage) operators are poised for growth amid [REITs](https://www.radiusplus.com/keyword/reits)' project slowdown.

November Recap

Taking a look at how November 2023 performed in comparison to November 2022.

Challenges and Opportunities in Today’s Self-Storage Landscape

Discover challenges in self-storage development amid lending constraints and REITs' pricing shifts. Navigate obstacles for a competitive edge in a changing market.

Self Storage Market Insights: Minneapolis

Learn about the The Minneapolis-St. Paul-Bloomington CBSA in this market insights report.

The Public REITs Q3 Earnings 2023

The earnings from the REITs are here for Q3 of 2023 giving us some insight on how the year has started and what we may expect in the coming months of 2023

Analyzing Supply Growth Trends in Texas’ Top Self-Storage Markets

The Radius+ team took a closer look to see how the top 3 markets in [Texas](https://www.radiusplus.com/keyword/texas) have been doing in regards to [supply growth](https://www.radiusplus.com/keyword/supply-growth) and how these compare to previous years.

October Recap

Taking a look at how October 2023 performed in comparison to October 2022.

Self Storage Market Insights: New Orleans

Learn about The New Orleans-Metairie, LA CBSA in this market insights report.

NYC Development Recap

Explore self-storage pricing dynamics with a focus on the New York-Newark-Jersey City, NY-NJ-PA CBSA.

Thriving Against the Odds: Three CBSAs Defying Market Challenges in Self Storage Development

Discover three CBSAs experiencing remarkable self-storage growth despite market challenges. Learn how Phoenix, Tampa, and Atlanta are defying odds.

September Recap

Taking a look at how September 2023 performed in comparison to September 2022.

Self Storage Market Insights: San Francisco

Learn about the The San Francisco-Oakland-Hayward, CA CBSA in this market insights report.

Self Storage Market Insights: Honolulu

Learn about the The Urban Honolulu, HI CBSA in this market insights report.

SSA 2023 Review

A review of conversations at the recent SSA Conference and Trade Show.

Self Storage Market Insights: Las Vegas

Learn about the The Las Vegas-Henderson-Paradise, NV CBSA.

August Recap

Taking a look at how August 2023 performed in comparison to August 2022.

The Public REITs Q2 Earnings 2023

The earnings from the REITs are here for Q2 of 2023 giving us some insight on how the year has started and what we may expect in the coming months of 2023

Self Storage Market Insights: Raleigh

Learn about the Raleigh, NC CBSA

Industry Consolidation Sparks Optimism for Long-Term Rate Stability

Witness rate stability and pricing confidence on the horizon as major players embark on significant acquisitions.

July Recap

Taking a look at how July 2023 performed in comparison to July 2022.

How Important is Ancillary Income to a Self-Storage Facility?

Ancillary income can be quite important to a self-storage facility as it has the potential to significantly boost revenue and profitability.

Supply Growth Surges in Cleveland-Elyria

[Cleveland-Elyria](https://www.radiusplus.com/keyword/cleveland-elyria), OH CBSA has seen a significant increase in [supply growth](https://www.radiusplus.com/keyword/supply-growth) in [2023](https://www.radiusplus.com/keyword/2023) compared to [2022](https://www.radiusplus.com/keyword/2022).

Self Storage Market Insights: Chicago

Learn about the Chicago-Naperville-Elgin, IL-IN-WI CBSA

Future of Self Storage Development: Navigating the Changing Landscape of Construction Loans

Obstacles in securing construction loans for self-storage development are impacting the industry, leading to fewer new facilities opening.

June Recap

Taking a look at how June 2023 performed in comparison to June 2022.

Self Storage Market Insights: Florida

Learn about the Tampa-St. Petersburg-Clearwater, FL CBSA

Texas Development Pipeline Deep Dive

Taking a look at the development pipeline in the top 10 markets in Texas.

Does landscaping influence a potential renter?

Learn why landscaping is important for [self-storage facilities](https://www.radiusplus.com/keyword/self-storage-facility) in attracting and retaining customers.

Texas 2022 Development Deep Dive

Taking a look at the supply growth of Texas in 2022.

Self Storage Market Insights: Colorado

A look at how migration from the Colorado metropolitan area has affected the self-storage market.

May Recap

Taking a look at how May 2023 performed in comparison to May 2022.

Self Storage Market Insights: California

A look at how migration from the Californian metropolitan area has affected the self-storage market.

The Public REITs Q1 2023 Earnings

Discussing the [Public REITs](https://www.radiusplus.com/keyword/public reits) Q1 earnings call for 2023 and what we may expect in the coming months.

Self Storage Market Insights: Miami

A look at how migration from the Miami metropolitan area has affected the self-storage market.

April Recap

Taking a look at how April 2023 performed in comparison to April 2022.

Self Storage Market Insights: NYC

A look at how migration from the NYC metropolitan area has affected the self-storage market.

ISS World Expo Review

A review of major industry takeaways from the ISS Las Vegas World Expo.

March Recap

Taking a look at how March 2023 performed in comparison to March 2022.

Q4 2022 Review

The macro-economy and lending market as may be in a difficult spot, but the larger institutions still remain bullish.

The Larger Institutions Still Remain Bullish

The macro-economy and lending market as may be in a difficult spot, but the larger institutions still remain bullish.

The Financial Crisis and Its Ripple Effect On Self-Storage

The lending market could slow down dramatically, which will impact supply growth and the number of acquisitions.

The Public REITs Q4 Earnings

Discussing the Public REITs Q4 Earnings.

February Recap

Taking a look at how February 2023 performed in comparison to February 2022.

Texas Development Is Still Inching Forward. Will Rates Be Able To Keep Up?

With supply still being added to Texas, can we expect rates to decrease this year?

Is The Industry Stabilizing?

A look at how the self-storage industry fares - comparing previous average price per square foot vs national occupancy.

Can Self-Storage Adapt?

Interest rates continue to rise, how will the [self-storage industry](https://www.radiusplus.com/keyword/self-storage-industry) respond?

Why Is Self-Storage The Best-In-Class Commercial Asset?

Seven top reasons as to why self storage is the best-in-class commercial asset.

January Recap

Taking a look at how January 2023 performed in comparison to January 2022.

A New Market Enters the Discussion

The Charlotte-Concord-Gastonia, NC-SC CBSA is one to keep an eye on.

Highest Percentage of Supply Growth in 2022 for these Markets

A look back at the top 25 markets to see which ones had the highest percentage supply growth in 2022.

A Top Market for Population Growth According to U-Haul, is there Self-Storage Potential?

Keep your eyes on the Myrtle Beach-North Myrtle Beach, SC area this year.

7 Reasons Why Finding Self-Storage Land in 2023 Is Going To Be Easy

In 2023, locating land for [self-storage](https://www.radiusplus.com/keyword/self-storage) will be a breeze! With the right strategy and preparation, securing suitable space can make all the difference.

December Recap

Taking a look at how December 2022 performed in comparison to December 2021.

Once a year to double your Profits!

We all get into self-storage for 3 reasons: Cash flow, more cash flow next year and more cash flow the year after and…

Yearly Recap

Discover how self-storage rates evolved in 2022. Despite industry shifts, rates increased by 3.9% YoY. Explore market trends and average facility size growth.

Climate Controlled Units Vs. Non Climate Controlled Units

How has the average price per square foot fared for the 10x10 CC units compared with 10x10 NCC units?

Q3 2021 Occupancy Compared with Q3 2022 Occupancy

How has occupancy compared to the all time highs of 2021?

One Market Keeps Defying The Odds

[Dallas-Fort Worth-Arlington, TX CBSA](https://www.radiusplus.com/keyword/dallas-fort-worth-arlington-tx-cbsa) continues to thrive.

November Recap

Taking a look at how November 2022 performed in comparison to November 2021.

The Gradual Slow Down Of Development

Is self-storage development taking a back seat for the foreseeable future?

The Public REITs Q3 Earnings

Discussing the Public REITs Q3 Earnings.

Yes, Maybe and No Ranges For The Top 7 Site Parameters

Recommendations to help determine your lines in the sand for the typical 6-acre site.

Unsuspecting Markets In The Top 100 Leading The Way For Supply Growth In 2022

Which three regions from the top 100 markets have the most square footage of supply growth?.

How Much Land Do I Need To Build A Self-Storage Facility?

Advice from industry expert Marc Goodin on how much land is needed to build self-storage.

October Recap

Taking a look at how October 2022 performed in comparison to October 2021.

Are Interest Rates Slowing Down Ground Up Development Projects?

How has the rise in interest rates affected ground up developments in the top 3 markets with the highest square footage of self storage?

Building Self Storage In the 2023 Recession

How to Build Self Storage in the Great Recession of 2023 and Why Self Storage Franchising?

Do Rate Increases And Highest Rented-Homes Population Go Hand-In-Hand?

A look at the top 3 markets within the top 25 that have the highest increase in rates, to see what percentage of homes in the CBSA are renter occupied

Unit Rate Increases From Q1 to Q2

A review of which units had the largest average rate increase from Q1 2022 to Q2 2022

September Recap

Taking a look at how September 2022 performed in comparison to September 2021.

How will Q3 occupancy rates fare for Q2's top regions?

Taking a look at the top 3 regions with the highest occupancy rates in Q2 2022.

Where will Occupancy go in Q3?

Analyzing previous years interest over time to gauge occupany levels for Q3.

Developers Continue to be Bullish

Despite the economic climate and recent pandemic, developers continue to add more supply of self storage.

Market Population Size and Storage Demand

Vastly different population sizes, similar storage demand; why is this?

August Recap

Taking a look at how August 2022 performed in comparison to August 2021.

Population Growth and Self Storage Rates

Analyzing the top 3 cities for population growth in 2022 and how its affected the average rate of a 10x10 climate-controlled unit.

The Public REITs Q2 Earnings

Discussing the Public REITs Q2 Earnings

Demand Keeping Pace with Supply for One Particular Market

Occupancy is still going strong in the Dallas-Fort Worth-Arlington CBSA.

July Recap

Taking a look at how July 2022 performed in comparison to July 2021.

Self Storage Vs Economic Crisis

Looking at how the self-storage industry has fared against economic hard times.

Online Searches and Self Storage Rates

Having a website for your facility is more important than ever as online searches for self storage correlates strongly with rates.

Where Will Q2 2022 Occupancy Go?

Analyzing same store occupancy rates sourced from the REITs quarterly earning reports against the average price per square foot.

June Recap

Taking a look at how June 2022 performed in comparison to [June 2021](https://www.radiusplus.com/keyword/june-2021).

Radius+ Insider

Your one-stop-shop for all your macro data on Supply, Development, Demand Growth, and Cap Rates.

My Time in Self Storage

Looking at how the self-storage industry has evolved since I first entered this growing space.

The Dallas-Fort Worth-Arlington, TX CBSA continues to lead the way

In terms of the highest year over year percentage increase in rates from 2021 to 2022 so far, the Dallas-Fort Worth-Arlington, TX CBSA continues to lead the way

Development Activity Booming for One Particular Market

The New York-Newark-Jersey CBSA is not being deterred by the current sub-optimal economy for developing self-storage.

May Recap

Taking a look at how May 2022 performed in comparison to May 2021.

Increase in Rates for these Three Markets

Which three markets saw a significant increase in rates compared to this time last year?

The Public REITs Q1 Earnings

Discussing the Public REITS Q1 earnings call for 2022.

Climate Control or No Climate Control?

Looking at how Climate Controlled units have fared this last quarter and comparing with Q1 2021.

Q1 Review

Reviewing the first quarter of this current year and comparing it to the first quarter of 2021.

April Recap

Taking a look at how April 2022 performed in comparison to April 2021.

3 Markets in the Top 25 Markets with the Least Square Footage of Development

Taking a look at the markets within the top 25 markets with the least square footage of development.

Top 3 Markets with the Most Square Footage of Development

Taking a look at which markets have the most square footage of development projects.

March Recap

Taking a look at how March 2022 performed in comparison to March 2021.

Radius+ Demographics Data

Everything you need to know about Radius+ demographics data

Three demographic trends to consider when evaluating self storage demand

Which three demographic trends should be considered when evaluating self storage?