List Self Storage (LLS), an online platform that connects self-storage buyers and sellers with development land and conversion opportunities, is now providing complimentary data related to its real estate listings from StorTrack, a provider of market intelligence and related services for the self-storage industry. The information is provided through an integration with StorTrack’s MarketView Platform, which offers insight to competition, demographics, market value, rates, supply, trends and more, according to a press release.
LLS users can choose to view market information based on a one-, three- or five-mile radius around a specific property. Metrics include number of facilities, total and rentable square footage, average rate per square foot, square feet per capita, population, median household income, and the number of developments known to be in the pipeline.
An interactive map displays the self-storage location within the selected market, while a “Show Me More” option allows users to view data on facilities that have opened within the previous year as well as renter demographics, rate trends and units advertised online. Additional report data, including comprehensive competitor information, historical rates by unit type, details on pipeline projects, and a rundown of military bases, retailers and schools in the area, is available for purchase.
“This data will provide users in the early acquisition and/or development stages with valuable demographic and competition information for more informed decision-making,” said Alison DeJaeger, president of LSS.
LSS and StorTrack released a similar integration in June on the U.K. version of the LSS platform.
Since its inception in 2015, the U.S. version of the LSS platform has represented more than $5 billion in self-storage properties for sale with participation from the brokerage community. It features hundreds of opportunities at any given time, the release stated.
LSS is owned by StorTrack, a provider of self-storage data, intelligence and insights that tracks market conditions for more than 65,000 storage facilities worldwide. LSS also provides an online directory of self-storage vendors.