Interesting Facts About Self Storage

Self storage is a relatively new business model but it has grown exponentially in the international markets. South Africa it seems is catching on quickly as new stores are being developed. Here are a few interesting facts you may not have known about self storage.

• Revenue from self storage in America exceeds revenue from Hollywood
• 1 in 10 Americans rent a self storage unit
• A 2009 survey found that there was approximately 58,000 self storage facilites worldwide
• Of the 58,000 facilities 46,000 were based in the USA

• There is approximately 2.35 billion square feet of self storage space in the USA as of 2009
• There were 3,000 new self storage facilites built each year from 2000-2005
• Despite self storage being viewed as short term renting over 96% of tenants stay longer than a year
• Self storage is the fastest growing commercial real estate industry in the USA for the last 30 years and is still growing

Stor-Age will be coming to a neighbourhood near you. Take a look at our locations pages to see where.