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Page 1 of 3

The Southeast States
Self-Storage In Dixie

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This month’s Market Watch focuses on the specific markets of the Southeastern United States. 
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By: Ben Vestal
Category: Market Watch
Issue: August 2010
Oklahoma
Self-Storage In The Sooner State

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Although the economy in Oklahoma has not suffered as much as the rest of the country, the self-storage industry is not thriving. Development that took place without significant demographic due diligence is to blame for the current oversupply. Read about the current state of the Oklahoma market and predictions for the near future.
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By: Larry Goldman and Holly Larrison Mills
Category: Market Watch
Issue: July 2010
Orlando, Florida
Self-Storage In The City Beautiful

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The Orlando economy remains in recession as most of the economic indicators continue to register negative growth. However, the pace of decline has slowed, a positive sign that a recovery is on the horizon. Read about the current state of the Orlando market and predictions for the near future.
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By: Michael C. McNamara
Category: Market Watch
Issue: May 2010
Colorado
The Rocky Mountain Highs And Lows

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Due to the economic slowdown, Colorado has seen a decrease in new self-storage development and sales activity. In addition, as a result of capital constraints and longer lease-up schedules, barriers to entry for new self-storage developments will remain high in most Colorado submarkets. Read about the status of the Colorado self-storage market and possible future trends.
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By: Charles “Chico” LeClaire and Matt Tyler
Category: Market Watch
Issue: April 2010
Market Watch: The Northeast
Self-Storage In The Wealthiest Region Of The United States

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Due to the economic recession and pullback in consumer spending, the Northeast has seen the first significant pressure put on rental rates and occupancy levels. Over the past several months there has finally been some stabilization or rebound in these levels, but the effort involved to generate a new customer is more competitive than ever. In this article, find out what 2010 will hold for the Northeast.
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By: John H. Gilliland and John Barry
Category: Market Watch
Issue: March 2010
Northern California
Self-Storage In Upper Golden State

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Like everywhere else in the country, Northern California is being adversely affected by job losses and decreased consumer spending. Although the self-storage industry in Northern California has typically thrived during bad economic times, the current economic slowdown has really put a damper on things. Read about the current state of this market and what to expect in 2010. 

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By: Jason Allen
Category: Market Watch
Issue: February 2010
O’ahu, Hawaii
Self-Storage In The Heart Of Hawaii

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While the near term is characterized largely by supply side threats in most O’ahu submarkets, the long term appears optimistic for the storage industry. The impact of the recession has resulted in the cancellation of new development plans, thus allowing the market to absorb the recent additions to supply. Read about supply and demand factors, operational characteristics, and the investment outlook for O’ahu, Hawaii.
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By: Stephen E. Stadlbauer
Category: Market Watch
Issue: December 2009
New Mexico
Self-Storage In The Land Of Enchantment

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Although the state of New Mexico only has one CBSA in the top 100 in the United States, the state has a supply well above the national average. Read about self-storage construction and market trends within the state, as well as the investor outlook for New Mexico.
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By: David R. Laney
Category: Market Watch
Issue: November 2009
New Jersey
Self-Storage In The Garden State

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New Jersey, the most densely populated state with the second highest average income in the country, is widely diverse both socially and economically. Historically, New Jersey has been a target market for expansion by national self-storage operators. Find out why the state is still considered to be a strong self-storage market.

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By: Jeffrey Supnick
Category: Market Watch
Issue: October 2009
Self-Storage In South County
San Diego, California

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Although the commercial real estate market is certainly starting to see the effects of the current economy, it appears that San Diego may fare better than other major metropolitan areas around the country. Read about the economic fundamentals unique to San Diego County that make it well-poised for a beneficial future once the economy recovers.
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By: Greg Wells
Category: Market Watch
Issue: September 2009
Kansas City, Missouri
Self-Storage In The City Of Fountains

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Because Kansas City’s residential housing market has not experienced the precipitous plunge that continues to plague the nation’s larger metro areas, the Kansas City market is poised for a relatively rapid recovery. Read about the varied market conditions of Kansas City and where demand doubles supply.
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By: Larry Goldman, CCIM, and Holly Larrison Mills
Category: Market Watch
Issue: August 2009
Portland, Oregon
Self-Storage In The Rose City

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Despite its livability, Portland seems to be forgotten as the “other city” on the West Coast. However, regarding self-storage, Portland has been as solid as the other major West Coast cities. Read about the strong demand characteristics for self-storage in Portland. Dauber pipet watcher dehydrogenize unseen sexiness xylotomy maculation trebly athyroidism overdrive vacuolar erenow.
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By: Tim Garey
Category: Market Watch
Issue: July 2009
Connecticut
Self-Storage In The Constitution State

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Although Connecticut is a small state with a small population, it is greatly diverse in regards to land use, population density, income level, and economic industry. Read about the strong demand characteristics for self-storage in Connecticut.
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By: David Ubaghs
Category: Market Watch
Issue: June 2009
South Florida
Self-Storage In The Sunshine State

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Despite national economic concerns, the demand forecast in South Florida is still relatively sunny. Occupancy is in the 85 to 90 percent range for most established facilities, and newer facilities are in the 60 to 70 percent range. Find out how the current recession has influenced the self-storage market in South Florida.
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By: Michael C. McNamara, MAI, MRICS
Category: Market Watch
Issue: May 2009
Texas
Betting On Self-Storage In Dallas/Fort Worth

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Despite national economic concerns, the Dallas/Fort Worth economy continues to have a positive influence on the self-storage market. Nevertheless, self-storage investors are advised to proceed with caution in this market; find out why.
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By: Kate Noll
Category: Market Watch
Issue: April 2009
Washington D.C.
Self-Storage Climate In The Nation’s Capital

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In spite of the recent slow down in the residential market, overall conditions in the Washington D.C., region’s real estate market are among the strongest in the nation. Read about the supply and demand for self-storage in the nation’s capital
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By: Michael A. Seetin
Category: Market Watch
Issue: March 2009
Louisville, Kentucky
Self-Storage Climate In The Derby City

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With the low cost of housing influencing the need for self-storage in this market, the long-term view is that the Louisville CBSA has room to grow. But before you place a bet on Louisville, Kentucky, read this informative article to find out how much demand there is for self-storage.
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By: Tom Meredith
Category: Market Watch
Issue: February 2009
Southern California
Self-Storage Climate In Southern California

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Although the weather may be predictable in Southern California, self-storage conditions are only predictable after careful analysis of the local trade area or neighborhood. Take a look at this informative article to find out how much demand there is for self-storage in Southern California.
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By: Kristen M. Vander Veen
Category: Market Watch
Issue: January 2009
Boise, Idaho
Self-Storage In Boise

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The Boise self-storage market represents approximately one-third of the total Idaho self-storage market in terms of facilities and total square footage. With that being said, is Boise a good market for new self-storage development?


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By: Tim Garey
Category: Market Watch
Issue: December 2008
San Francisco
Self-Storage In The Bay Area

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Rental rates in the Bay Area average $1.58 per square foot, which is one of the highest averages in the Western United States. In addition, average vacancy in the Bay Area remains in the single digits and one of the best in the country. However, the investment climate for self-storage in the Bay Area has changed; so before you build, read more about self-storage in the Bay Area.
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By: Ryan Howse
Category: Market Watch
Issue: November 2008
Alaska
Self-Storage In The Last Frontier

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Self-storage facilities in Alaska enjoy strong rental levels, high occupancy rates, and limited competition, but expenses are higher and land is limited. While there is a demand for self-storage, Alaska’s harsh climate creates obstacles for development. Before you build, read more about self-storage in the Last Frontier.   
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By: Tim Garey
Category: Market Watch
Issue: October 2008
Market Watch: Wyoming
Self-Storage In The Cowboy State

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Although the velocity of self-storage investment sales in Wyoming is minimal compared to the other western states, there is significant demand from buyers for investment opportunities when they become available. But be advised, if you are fortunate enough to find a self-storage investment for sale in Wyoming, don’t delay—you might not get another opportunity.
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By: Matt Tyler and Charles “Chico” LeClaire
Category: Market Watch
Issue: September 2008
Pennsylvania
Self-Storage In The Keystone State

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The Pennsylvania market is healthy overall and the slowdown in development should be viewed as good news for existing owners. This allows time to raise occupancies and hopefully prices over the next few years. For developers, banks are requiring feasibility studies to ensure the projects they are lending on make sense.
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By: John E. Barry
Category: Market Watch
Issue: August 2008
The Self Storage Market In Beantown

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Boston, which is the largest city in the New England region, is considered the economic and cultural center of the Northeast. Approximately 4.5 million people call Metropolitan Boston home.
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By: Connie Neville and Nicholas J. Malagisi
Category: Market Watch
Issue: July 2008
Chattanooga
Self Storage In A Great City By Nature

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Chattanooga is known as “a great city by nature,” yet its past is a tapestry of success and failure. Fortunately, the city seems to be in a major upswing. The city’s local economy is thriving and was just rated by REIS as the nation’s sixth city for job growth for the fourth quarter of 2007.
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By: Gregsby Gibbs and Nicholas Malagisi
Category: Market Watch
Issue: June 2008
San Diego
Self Storage In America’s Finest City

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As the eighth largest city in the United States and the second largest city in California, San Diego is known for its miles of beaches and gentle Mediterranean climate. The 4,200-square-mile county is bordered by Mexico, the Pacific Ocean, the Anza-Borrego Desert, and the Laguna Mountains. Rich in its culture and history, San Diego is a haven for tourists and home to many corporate giants. With all of these attractions, how is the self-storage market faring in San Diego?
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By: Nate Hunterton
Category: Market Watch
Issue: May 2008
Colorado
Self Storage In The Rocky Mountains

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There are few places better suited for year-round recreation and outdoor activity than Colorado. And, the good news for self storage owners and operators is that all of that gear needs a place to be stored.
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By: Matt Tyler and Charles “Chico” LeClaire
Category: Market Watch
Issue: April 2008
Florida
Self-Storage In Orlando Stands Strong

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Despite market volatility, Orlando’s healthy population gains, in-migration, and economic growth are expected to have a positive long-term impact on the self-storage investment sales market.

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By: Steve Ekovich
Category: Market Watch
Issue: March 2008
Las Vegas
Self Storage By The Numbers

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While self storage occupancies in Las Vegas dipped only five percent last year and rents are only 3.5 percent off their peak, in 2007, there were 40 percent fewer projects in the pipeline than in each of the prior two years. 
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By: Nate Hunterton
Category: Market Watch
Issue: February 2008
Self Storage In Mississippi
The Magnolia On The Move

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Mississippi boasts a diverse economy that is poised for growth but padded with security. With favorable operating costs such as low taxes, self storage in this state can be a solid real estate investment.
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By: Mark Vincent
Category: Market Watch
Issue: January 2008
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