While this is a tumultuous time for commercial real estate investors as they try to grapple with rising interest rates and a potential economic downturn, the self-storage sector continues to be viewed as an attractive investment. The number of self-storage users in the U.S. has continued to increase and, similar to multifamily, industrial and grocery-anchored shopping centers, self-storage properties are the kinds of assets that continue to be in demand even in downturns. StorageCafe, a nationwide storage marketplace powered by Yardi, recently looked at the U.S. markets that saw the highest volume of self-storage construction over the past nine years.
In the following gallery, based on their data, we look at where developers have been delivering the most self-storage units.