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U.S. Self Storage Demand Rises on Population and Employment Gains, Yardi Matrix Reports

Nov 20, 2018 - PR Newswire

PR Newswire

A new report fromYardi® Matrixshows that demand for self storage space continues to be driven by growing secondary markets with solid employment gains that fuel in-migration, along with low-supply metros with large urban clusters.

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Demand for self storage space remains high in cities with strong population growth, such as Portland, Ore., and Nashville, Tenn. Millennials drawn by high-paying employment and students attending local colleges and univers...