PricewaterhouseCoopers has released the Korpacz Real Estate Investor Survey for the second quarter of 2009, containing an article about the domestic self-storage market titled "Stability in an Uncertain Time." Written by R. Christian Sonne, managing director of Cushman & Wakefield’s Self Storage Industry Group, the article provides a financial overview of the self-storage industry, including information on lending, and a summary of survey findings.
The Investor Survey is conducted primarily through phone interviews with self-storage investors, owners, developers, managers, brokers and bankers throughout the United States. Respondents represent more than 100 million square feet of self-storage property. The data collected highlights key information relating to general market conditions for self-storage including capitalization rates, financing, an optimism index and other current information for the asset class.
To read the article, visit www.selfstorageeconomics.com/pdf/SSIG%2020092Q%20Korpacz.pdf.