Is Self Storage Still A Stable Industry In 2020?


The self storage outlook has changed. Initially, even as the coronavirus took hold of our lives, storage prices and demand held firm. But that’s changing. To help your business thrive, we want you to know what you can expect as the economy gradually reopens. Our Yardi Matrix team wrote an article that we believe all storage managers and users of Yardi Breeze should see, so we’re sharing it here.

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Self Storage Outlook, SSA webinar with Yardi Matrix

Self storage is still considered among the most stable real estate sectors during rocky economic times, but it is not immune from the COVID-19 crisis.

“Under the best of circumstances, and short of a medical solution, recovery is going to be partial and slow,” said Jeff Adler, vice president of Yardi Matrix.

Read the rest of this article on Yardi’s Balance Sheet