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As more small businesses downsize, they are turning to self-storage to save money and safeguard assets until the economy rebounds. Sovran Self Storage, Public Storage and Extra Space Storage have all reported an increase in revenue from small businesses.
June 11, 2009
1 Min Read
As more small businesses downsize, they are turning to self-storage to save money and safeguard assets until the economy rebounds.
Sovran Self Storage, Public Storage and Extra Space Storage have all reported an increase in revenue from small businesses.
Self-storage has proven to be a good investment even during a troubled economy. Extra Space Storage currently has a market value of $710 million. The company’s current share price is $8.34.
Source: Today’s Financial News (Baltimore), Where to “Store” Your Money Now
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