Research Reports
Explore data-driven research on real estate, housing, self storage, moving trends and economic forces shaping today’s markets.
Southern U.S. Leads Real Estate Development Of The Decade, With Five Texan Cities Topping The Charts
The U.S. real estate landscape has undergone a significant makeover during the past decade, with virtually all sectors experiencing massive expansions. Residential construction is thriving, with momentum increasing in the last few years, despite pandemic-induced headwinds and the subsequent inflation and supply chain issues. Commercial real estate development, which saw billions of square feet of new space coming online, is also readjusting to meet current demands. The industrial and the self storage realms in particular have experienced positive evolution over the past 10 years.
Greensboro Self Storage Market Still Going Strong, Experiences Street Rate Growth In The Midst Of A National Price Cool-Off
The self storage market in Greensboro, NC, is seeing price growth, albeit modest – 2% year-over-year – which translates to a current self storage rate of $94/month for a 10’x10’ non-climate-controlled unit. Greensboro joins of a group of cities that continue to see self storage price growth amidst a national slowdown.
Beyond The White Picket Fence: Edina, MN, Falls Church, VA, & Palo Alto, CA, Emerge As Prime Suburbs For City-Like Lifestyles
The lines between urban and suburban living are getting blurry across the country. People have been seeking the comfort and privacy of suburbs while also craving city-like amenities – and it has driven a massive redesign of the suburban environment.
Extra Space & Life Storage Create US’s Largest Storage Operator
On April 3, leading self storage sector players Extra Space Storage and Life Storage announced they will be combining to form the largest storage operator in the US by number of stores. In the $12.7 billion all-stock deal, the combined entity is being valued at about $36 billion. The context of this is a vibrant self storage sector, with 52.6M square feet of new storage space expected to be delivered in 2023 compared to 37.9M in 2022.
