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Self-storage facilities are being built at a faster pace than ever before, but concerns about overbuilding lack merit, according to CBRE research.
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Starwood Real Estate Income Trust and Morningstar Properties announced the formation of a joint venture to own and operate assets in the self-storage sector.
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Ardent has become the latest U.S. investor to target the UK's growing self-storage sector with a new platform seeded by three assets.
Demand for self-storage is rising but for it to break through, the industry needs to educate its customers on its value
Self storage is so darn sexy
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Investors have pumped up the per-square-foot price this year for self-storage facilities by 26%.
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During Q2, the REIT offloaded its last 79 self-storage assets and poured $3.3B into its data center arm, QTS.
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The Heitman and Andover Properties joint venture launched with a portfolio of 106 self-storage properties across 16 states, with plans for expansion.
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