Storage & Warehouse Leasing in the US
The Storage and Warehouse Leasing industry primarily rents and leases space for self-storage to individuals and businesses. Since self-storage facilities emerged in the 1960s, the industry has been one of the fastest-growing sectors of commercial real estate. Since it can benefit from both economic upturns and downturns, the industry has performed well even as macroeconomic indicators have fluctuated. Over the five years to 2018, the industry has benefited from increases in disposable income and declines in rental vacancy rates. Over the five years to 2023, the industry will continue to reap the benefits of an improving economy.
This industry primarily rents or leases space for self-storage. These establishments provide secure space where customers can store and retrieve their belongings at their convenience. Industry storage units include rooms, compartments, lockers, containers and outdoor space.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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