Market Share

The Official Blog for Commercial Real Estate

Tag: self-storage sector

Texas apartment

Shrinking Apartments and Surging Storage: America’s Construction Boom Redefining Urban Space

  • October 23, 2025
The storage industry has expanded by a remarkable 547 million square feet since 2015, bringing the national total to more than 2 billion square feet. StorageCafe’s analysis of 130 of the nation’s largest cities shows a tight correlation between apartment and self-storage construction.
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Austin, Texas, suburbs

The Great American Shuffle: Where People Are Moving

  • February 25, 2025
Economic opportunities, housing affordability, and lifestyle preferences are shaping relocation decisions across the country. Southern states, particularly Texas and Florida, continue to attract the most movers, with younger generations like Gen Z and millennials leading the way in state-to-state moves.
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Self storage

The Country’s Largest Urban Hot Spots Embrace Adaptive Reuse in Self-storage

  • January 9, 2025
While new construction has dominated the industry for decades, a significant shift is occurring: Existing industrial and retail buildings are being converted into self-storage facilities. This trend is not only optimizing urban real estate but also meeting the growing demand for storage in densely populated areas.
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Construction

U.S. Real Estate Boom: Five Decades of Development Across Major Sectors

  • December 3, 2024
U.S. cities have experienced massive expansion across all real estate sectors over the past 44 years, according to recent StorageCafe research that looked at residential and commercial construction activity between 1980 and 2023. Along with residential construction, industrial, office, retail and self-storage spaces have grown significantly, although the scale and pace of development differ among regions and asset types.
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Self-storage unit and person

A Younger Customer Base Supports Self-storage Sector’s Strong Growth

  • May 17, 2024
A recent StorageCafe survey found that about a fifth of Americans (18%) are currently renting storage space and an additional 14% plan to do so in the future. This ongoing engagement is boosted by the widening of the industry’s customer base during recent years, with more businesses and different types of people now discovering the service’s advantages. These clients include younger renters, more vehicle owners, and greater numbers in regions experiencing growing populations.
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