We get asked a lot, “How are things really going in the self storage brokerage industry?” To answer this question and more check out an excerpt from this great article Market Update for Northeast & Mid Atlantic Markets written by John Barry.
“Well, real estate is always good, as far as I am concerned.” –Donald Trump
Donald Trump’s words appear to echo the sentiment of the self storage industry’s operators in 2011. While timing is also a factor when acquiring real estate investments, the larger operators in our industry appear to be saying that the time is now. There has been a noticeable increase in the amount and number of self storage transactions this year and while the year is not complete, the numbers are certainly up from the last couple years.
We hope you find the full article insightful and that it helps you strategize in 2012.