April 26, 2023

With so many commercial buildings sitting empty these days, developers interested in conversion to self-storage have many options from which to choose; but not every structure is primed for success. There are many factors to this type of development, from market viability and location visibility to the rentable square footage a building can yield. In this interview recorded at the 2023 Inside Self-Storage World Expo, facility owner and developer James Reid discusses ideal site characteristics, project timelines, working with contractors, mistakes to avoid and more.

Reid is a founding principal of Investa Group and founder of StorCo Storage, where he’s the primary acquisition and development liaison. He started his career in self-storage after a fire destroyed his home and business, and he saw the positive impact the product could have on customers. As an award-winning developer, his goal is to amass a self-storage portfolio of 500 stores by 2050.

Read more about the 2023 ISS World Expo in this article recapping the event.

Subscribe to Our Weekly Newsletter
ISS is the most comprehensive source for self-storage news, feature stories, videos and more.

You May Also Like