While local development activity of all kinds has soared over the last five years, you might have noticed one thing in particular: There’s a heck of a lot more self-storage facilities around town than ever before.
Some of this growth is from big, national players like U-Haul and CubeSmart, which have both built prominent facilities here in recent years. The rest is from scores of smaller facilities, many locally or regionally owned, that were built in the wake of the COVID-19 pandemic.
Surely all of these were built to meet demand and are at or near capacity, right? Wrong, industry …
