Self-Storage Sector Continues to Deliver for Investors
A strong run throughout the pandemic and stable fundamentals continue to make the sector a popular draw for many types of real estate investors.
March 29, 2021 | Bendix Anderson | WealthManagement.com
Amid all the chaos and uncertainty that has roiled the commercial real estate throughout the COVID-19 pandemic, self storage has stood alongside subsectors like logistics real estate and data centers as a steady performer. As a result, it won the attention of investors new to the sector who will remain active players even as other property sectors continue to stabilize.
Operators say more of their space is occupied than ever before—and the spring leasing season has barely begun. Investors have responded, bidding up prices on properties in the market.
“The asset class continues to generate stable and predictable yields in a yield-starved world,” says Ryan Clark, director of investment sales for Skyview Advisors.
