What three factors define “Fifth Generation Self Storage” according to Leitbox Storage Partners, a developer of self storage properties?
Answer: Fifth generation self-storage is defined by three (3) primary factors: Design, Location, and Use. The Design is typically a vertical, 3+ story building with architectural articulation resembling an urban mixed-use project. Location: The site selection process is almost 100% identical to retail anchor-tenant’s site. Use is probably the most exciting criteria. Leitbox typically prefers to introduce what they call high-urban-street-front retail.
