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Choosing the right property on which to develop a self-storage facility is a careful process that considers many factors. Owners and developers who analyze key site and market characteristics will fare better than those who go by their “gut.”
If you’re looking to develop a self-storage facility, it’s imperative to first research the market. Your examination of overall conditions can tell you whether the project should get the green light—or red.
Smaller self-storage markets are often more approachable for new facility development. Learn the pros and cons of these opportunities, and how to make secondary and tertiary sites financially viable.
In the past, doing the legwork to investigate a potential self-storage site was cumbersome. Fortunately, the emergence of industry data tools has significantly improved our ability to perform initial research on prospective projects. Here are some...
When developing a self-storage facility, one of the biggest decisions is where to buy land. Here are some of the characteristics successful developers seek in a parcel.
In today’s competitive self-storage market, customers won’t automatically come to your facility—where you choose to build is key. Here’s an overview of the site-selection process and how it impacts project viability.
There are many reasons to build your next self-storage facility on a small site. Keep these important design elements in mind to design a superb and functional building on a smaller footprint.