Self storage statistics can tell us a lot about what consumers are looking for in selfstorage. Between 45,547 self storage almanac, 2019 and 52,000 self storage association, 2018. The selfstorage industry is a subsector of the commercial real estate market. The latest edition of the almanac, a trusted source of research for selfstorage professionals and investors for over 20 years, reflects a new cooperative relationship between minico and the national self storage association ssa. Investors, developers, operators, financial institutions, real estate brokers and other business publications worldwide turn to the self storage almanac for reliable information about the self. The national average occupancy rate for 2015 was 90. The 2015 selfstorage almanac features data including customer base, economics and demographics, management, quarterly occupancy and rental rates, a well as other benchmarking statistics and data.
Minico also offers custom publishing services including editing, cover art, layout and design, printing, marketing and promotion, sales and custom options. As shown in the graph below with data compiled from fw dodge, only about onethird of planned facilities are actually constructed over the long run. Since its first edition in 1992, the self storage almanac has become the most comprehensive statistical reference guide for the self storage industry. The 2017 selfstorage expense guidebook w elcome to the 2017 selfstorage expense guidebook. Rough beginnings msm messenger writer and editor erica shatzer details how parham, considered one of the industrys best developers, flew to nebraska and battled snow to convince the cabelas ceo to. Self storage association political action ommittee ssapac is a registered political action committee for federal office candidates. Attached are the facts and conclusions of this study provided in a market study format. Economic trends climate controlled nonclimate controlled. Public company filings as of december 31, 2014, self storage association and 2015 selfstorage almanac. Mcnamara, mai, mrics florida, being one of the largest states in the union, has nine selfstorage cbsas central business statistical area in the state, with the three largest. Between 45,547 selfstorage almanac, 2019 and 52,000 self storage association, 2018. S tora verview 6 summary new self storage ipos national storage affiliates trust national storage affiliates trust nyse. The world almanac and book of facts 2015 turtleback.
You may notice previous ai business practices and ethics courses listed, however, if the requirement reads pending completion, you will need to once again complete the course. At karr selfstorage, understanding the specific needs of our clients is our first objective. Selfstorage industry executive summary trends, growth. I have conducted a market analysis and demand study on the above referenced property. Not only is noahs self storage in buda, texas a shining success, its also mini storage messenger 2015 overall facility of the year.
When in bad times, people downsize and need storage to put their toys and stuff away until times get better. According to the 2019 self storage almanac, there are approximately 45,547 self storage facilities in the nation totaling over 22. Our self storage research indicates that women comprise up to 84% of self storage patrons. Lets look at what some of those stats are and what selfstorage business owners can learn from them. Self storage market growth, trends, and forecast 2020. Edited and prepared by mridul nanda research associate research services for information on national selfstorage trends, contact john chang first vice president, research services tel. Although women seem to lease the units, it appears that over 95% of the actual moveins are performed by men. Sources vary depending on definition and methodology. According to the 2019 self storage almanac, self storage facilities. The 28th edition of the 2020 selfstorage almanac features new industry data provided by union realtime whether you are investing, building, operating, appraising or managing self storage facilities, the almanac will provide you the most robust, comprehensive data, statistics, analysis and trends in the self storage industry.
Publisher of ministorage messenger, selfstorage almanac, inside selfstorage. Selfstorage demand study creating wealth through self storage. Almanac realty investors traces its roots back to 1981, when the firms predecessor was established as the real estate advisory business of rothschild north america, in partnership with the rothschild family. Selfstorage association website with free data and additional reports available for purchase. Occupancy rates for self storage facilities as of q2 2015 were 90% percentage of units rented per facility up from 86. Feasibility studies and site selection learn self storage. The 27th edition of the 2019 selfstorage almanac features new industry data provided by union realtime whether you are investing, building, operating, appraising or managing self storage facilities, the almanac will provide you the most robust, comprehensive data, statistics, analysis and trends in the self storage industry.
Providing solutions that create maximum value is our business. Worcester almanac represents an effort to understand and monitor changes in the growing greater. As of december 31, 2011 our portfolio includes approximately 60,140 self storage units and 7. In the world of selfstorage, knowledge is power, and timing is critical.
The 2015 selfstorage almanac features data including customer base, economics and demographics, management, quarterly occupancy and rental rates. Selfstorage facility appraisal industry trends publication inside selfstorage. First published in 2004, the expense guidebook was the result of many requests for additional expense information above and beyond what was traditionally presented in the selfstorage almanac. Minico publishing releases 2014 selfstorage almanac. The self storage demand study mapping or query tool takes the data sets from all four ssa demand studies 2005, 2007, 20 and 2017 and puts them into a searchable and comparable format. Rankings are based on net rentable square footage under management. Spread between 10year treasury and selfstorage cap rate 20002015 6. Storage association and deloitte real estate, 2014. Phoenix, az prweb january 06, 2014 minico publishing has published the 2014 edition of its selfstorage almanac, which is now available for purchase.
Report scope can be customized per your requirements. But selfstorage is a fairly new industry, with the first facilities built as recently as fifty years ago. For many in the selfstorage industry, the almanac has become an anchor to the industry, allowing them to make educated business decisions based on marketspecific research. Worcester public schools selected populations, 202014 green street at winter street. This is the 12th year the self storage association uk ssa uk has been. Rothschild property investors is formed to continue the firms opportunistic investment activities. Since selfstorage has only relatively recently come into focus as a real estate asset class we begin with a short discussion of the industry. The world almanac and book of facts is a renowned yearly publication that gathers together all of the important information that affected the us in the previous 12 months. Almanac, the purpose of the 2012 canadian self storage almanac is to provide an overview of the market and benchmarks by which. The personal storage segment of the selfstorage market is expected to register the highest share, considering the critical demand driver of the market and urbanization. With the booming industry that selfstorage has become today, it is hard to imagine a world without it. Selfstorage stats from the self storage association.
You can make changes to any of these input tables and evaluate their impact on your proposed project. Nsa, based in greenwood village, colorado, features an inplace portfolio of 246 self storage properties located in 16 states comprising approximately. Expense guidebooks archives mini storage messenger. S with a total of 32 million storage units covering over 2. The total square miles of selfstorage facilities in the u. The digital 2014 selfstorage almanac supplement offers occupancy and rental rate data for the selfstorage industry covering a 10year span. Other resources we publish include the annual selfstorage almanac, selfstorage canada and selfstorage now. Sold electronically, via email, in an excel macros file format. Our national self storage valuation practice consists of more than 30 licensed appraisers who specialize in self storage valuation.
Cubesmart owns or manages 598 selfstorage facilities across the united states. A case study of self storage facilities in south africa within a global. Vertical fields capital llc property in philadelphia. The self storage association is the nonprofit trade organization for the selfstorage industry. According to the 2016 selfstorage almanac, of the approximately 51,000 facilities in the united states including both core and noncore storage businesses, approximately 14% are managed by the ten largest operators. You will provide key input in several areas in order for miller buildings, inc.
Information is available, but accurate and effective interpretation is the difference. First published in 2004, the expense guidebook was the result of many requests for additional expense information above and beyond what was traditionally presented in the self storage almanac. Discount programs remain for office products, electronics, shipping services, valuation software. Institutional investors take a bigger piece of the self. Securcare property count is per the 20 selfstorage almanac and the guardian count is based on company guidance, as if it had reported. S between 45,547 selfstorage almanac, 2019 and 60,024 ibisworld, 2020. Advertising is available in both print and digital versions of each publication. According to the 2015 self storage almanac, cubesmart is one of the top four owners and operators of selfstorage. In its latest selfstorage survey, cbre interviewed more than 50 industry professionalsfrom buyers and brokers to investors and lendersabout the state of the selfstorage market as of q3 2016. Does not reflect properties currently managed by pros which have not been contributed to us as of march 31, 2015.
Please note that the 2016 self storage almanac is the current edition. The data for this survey was gathered during the late summer of 2015. Industry ownership is fragmented, with 18% of facilities owned by the six largest public companies, 9% owned by the next top 100 operators minus the reits, and 73% owned by small operators. But the institutional tide keeps turning in selfstorage. Easy storage solutions blog self storage fact sheet. When in good times, people spend money on toys and stuff and they need storage for it. Players, trends and what they mean for you presented by. Edited and prepared by mridul nanda research associate research services for information on national self storage trends, contact john chang first vice president, research services tel. For years, institutional investors and equity funds mostly shied away from the selfstorage sector.
According to the 2019 selfstorage almanac, there are approximately 45,547 self storage facilities in the nation totaling over 22. Self storage investment forecast 2019 the leclaire group. According to the 2019 selfstorage almanac, there are approximately 45,547 selfstorage facilities in the nation totaling over 22. Over the past 12 years, it has become one of the most. The 2018 selfstorage almanac features the latest data and stats on rental rates, occupancy, valuation and cap.
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