Join us as we explore some fascinating insights like square foot per capita projections, what all this supply growth means (especially in those smaller markets!), and why developers need to think about defensive strategies more than ever. We'll also cover demographic shifts that are changing who needs storage, the latest economic indicators, and how third-party management is evolving.
Here's what you'll get from this episode:
What the rising square foot per capita actually tells us about demand.
Why too much supply in smaller markets can be a real risk.
The critical importance of "defensive strategies" for developers.
How younger generations are shaping future storage demand.
Why rate battles are starting to pop up in some markets.
The surprising drop in third-party management requests and what it signals.
How consumer search trends are getting more specific.
Why the self-storage industry is set to do well, even if the economy slows down.
The increasing trend of consolidation as bigger players buy up smaller facilities.
What rising interest rates mean for new self-storage development.
So, if you're keen on understanding the nitty-gritty dynamics of the self-storage market and what challenges (and opportunities!) lie ahead, this episode is for you. Tune in for a comprehensive yet easy-to-understand chat!
Connect with Us:
Thaddeus Campbell:
Website: https://s3.partners/
Chris Berg:
Website: https://abernatheydev.com/
