The self-storage real estate sector is overbuilt

In many U.S. metro areas, development of new self-storage facilities has gotten a bit out of control. The top 50 self-storage markets in the nation have seen supply growth of 15.5% over the past five years, well ahead of the 13.3% occupancy-growth figure during the same period. As a result, the U.S. market is oversaturated […]