The main culprit for the slowdown? Higher interest rates. One reason is because most potential self-storage investors rely on loans to leverage when making purchases in the sector. As interest ...

Street rates for self-storage units decelerated in November but remain 10% higher than pre-pandemic levels, as occupancy remains high and operators move rents higher for existing customers ...

Whitehead, 58, moved her stepfather’s belongings into a self-storage facility ... economic conditions.” Average rates for non-climate-controlled storage units rose by 3.5% in December from ...

As we have highlighted previously, the self-storage sector has started to moderate ... due to higher rental rates that were partially offset by lower occupancy. The same-store expenses increased ...

In Sun Belt markets, where much of the self-storage spaces have been built over the past couple of years, falling rental rates combined with climbing construction and financing costs have prompted ...

Occupancy rates and rents are at record highs ... “It was the first time I thought about self-storage as a business, which I always thought was so unsexy and so uncool that I didn’t want ...