Self-Storage Around the World: Reflections of Non-U.S. Facilities on Six Continents
Self-Storage Mixes in With a Shopping Center in Thailand
One similarity Asia shares with more established self-storage markets is location as a factor of a facility success. Developers are seeking conversion and new-build opportunities in populated cities near multi-family residences and retail areas. This My Storage facility is nestled in a mixed-use development in the Jungceylon Shopping Center of Patong, Phuket, Thailand. Opened in 2010, it was converted from an empty warehouse. In fact, high land costs and zoning issues have made conversions an attractive alternative to new construction.