Listicles

Top 5 Markets for Self Storage Deliveries

Some 3.9 million square feet of storage space came online across the U.S. in February, according to Yardi Matrix data.

Despite investment volume dropping 16.6 percent from 2019, the region appears to be weathering the economic turmoil.

The metros on this list account for 87 percent of the region’s development pipeline, according to Yardi Matrix data.

We’ve identified the top self storage markets based on investment volume in 2020, according to Yardi Matrix data.

While deliveries were down 4.9 percent last year nationwide, some metros on this list saw significant upticks in the number of units completed.

The metro recorded some 27,300 units under construction underway as of February, according to Yardi Matrix data.

During a year when sales volume dropped by almost one third, these metros outperformed the rest of the country, according to Yardi Matrix data.

We’ve identified the top-performing markets based on total square footage completed in 2020, drawing on Yardi Matrix data.

Despite declining rents, the market’s active development pipeline could signal confidence in the metro’s long-term recovery.