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About / News / Self-Storage

$83.67 billion? That’s what one researcher says that self-storage market will be worth by 2031

Posted By: REJournals on May 17, 2024.  For more information, please click here to read the source article. The revenue generated by the global self-storage market has long been on the rise. But one new study is predicting higher revenues than even the most optimistic brokers would predict. This new research predicts that the self-storage niche will boast […]

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Packin’ up: Self-storage spaces grow into new places in Metro Detroit

Posted By: The Detroit News on August 14, 2023.  For more information, please click here to read the source article. Metro Detroit’s self-storage industry is growing in unorthodox places as people look for places to store their stuff. Once located off the beaten path, these facilities are now more visible in repurposed buildings, as the need for other […]

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Conditional-use permit granted for former Giant Eagle site

Posted By: The Toledo Blade on January 15, 2023.  For more information, please click here to read the source article. The Sylvania Township Board of Zoning Appeals has granted a conditional use permit for developing a self-storage location at the former Giant Eagle store site, 6930 West Central Ave., the township announced. Plans call for the 90,000 square-foot […]

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Old Frenchtown K-Mart to soon be storage facility

Posted By: The Monroe News on September 4, 2022.  For more information, please click here to read the source article.   The former Kmart in Frenchtown Charter Township will soon become a climate-controlled storage facility. New England-based self-storage developer True Storage has begun preliminary work to convert the sprawling remains of the former retailer into a self-storage facility […]

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Why self-storage is one of the hottest sectors in real estate

Michael Berger didn’t get the amount he wanted for his self-storage portfolio when it sold last month. The Southfield-based real estate investor got much more. The $170 million sale of his 28 U-Store Management Co. properties to Colorado-based SpareBox Storage is proof positive that the self-storage industry, several decades ago just a blip on the […]

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