- The self storage industry has benefited from the housing crisis.
- Homeowners-turned-renters had to find places to stash their stuff, thus increasing demand for self storage units.
- Self Storage is “a long term, patient business.
- It’s a get-rich-slow business”, according to Jay Massirman with Miami City Self Storage.
- The self storage development cycle is closer to the end than the beginning.
- Adding ground floor retail to proposed self storage development might appease lenders and elected city officials.