Annual Review: Self-Storage Sector Outlook

Notwithstanding the ongoing market headwinds, the self-storage industry has sustained favourable investor confidence, drawing on its proven durability. Confronted by economic headwinds, including ascending interest rates, a decelerating housing market, and evolving demographic trends, the industry has seen a downturn in rent escalation and occupancy rates. Nevertheless, entities that exhibit flexibility and adaptability in the

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Secrets to Navigating a Challenging Self Storage Market

Self storage performed better than most commercial real estate sectors during the last recession in 2008; and certainly better than residential real estate. As a result, the self storage industry garnered the attention of investors worldwide. Over the last 15 years, this sector has experienced exponential growth and an influx of cash flow.  However, these

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Maximizing ROI: Considerations for Successful Self Storage Conversions

When considering a self storage conversion, it’s important to understand the most essential factors that either make or break the project. These factors include building requirements, market demand and financial feasibility. In this article, we will discuss how to maximize ROI when converting a building into a self storage facility. We’ll also review the key

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REVERSE 1031 EXCHANGES – A STRATEGIC INVESTMENT TOOL

Our team often receives inquiries regarding whether an investor considering a 1031 exchange can buy a replacement property before they sell their existing property. The short answer is yes, a taxpayer selling real estate can use the 1031 exchange process in reverse. Unlike a forward exchange, where sale proceeds are held in escrow, this arrangement

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Marcus & Millichap Adds Andreas Makris to Bledsoe Self-Storage Group

Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the newest addition to the Bledsoe Self-Storage Group, Andreas Makris, serving the Northeast and Mid-Atlantic markets in the Self-Storage Division. The founder of the team, Kevin Bledsoe, joined Marcus & Millichap in July 2022. Bledsoe’s

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Marcus & Millichap Announces Bledsoe Self-Storage Group

PHILADELPHIA, Pa., Nov. 28, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the newly launched Bledsoe Self-Storage Group, serving the Northeast and Mid-Atlantic markets in the Self-Storage Division. The founder of the team, first vice president investments, Kevin Bledsoe, joined Marcus

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