Self Storage Blog

Self storage has experienced the fastest growth rates found in the commercial real estate market making the self storage industry one of the best segments of the market in the past 30 years. As of the start of 2007, there are approximately 50,000 self storage location comprising the self storage industry as we know it.

Since 2006, the self storage industry has felt the fanomical growth pace to $23,000,000,000. For those of you that can not count, that is 23 billion dollar with national averages of $441,000 of revenue per self storage location through the nation. That is $11.27 for every square foot of self storage space that was rented during the 2006 fiscal calender year.

With massive revenue growths in the self storage industry being of 23,000,000,000 or 23 billion dollars in 2006, the total market capitizalization value of the total self storage industry in the United States exceeds $220,000,000,000 or 220 billion dollars. Future projections includes that the self storage industry will continue this rapid growth at record rates and exceed this mammouth forcast in the 2007 fiscal year.