2011 Self-Storage Construction and Development Report
The past few years have been tough for many builders and developers, including those in self-storage. The rising cost of raw materials, combined with the recession and real estate bust, created an abundance of empty residential and commercial space, especially in the United States. But with an (admittedly dubious) economic recovery underway, many owners and developers are taking the plunge and undergoing some kind of building project in 2011. That means work for the construction suppliers at the core of the industry. Inside Self-Storage surveyed its database of builders and construction suppliers via e-mail, and asked facility owners and investors to weigh in via a Web poll. Read on to see what they have to say.