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The New York-Newark-Jersey City CBSA remains one of the strongest self-storage markets, driven by high population density, a renter-heavy demographic, and a median household income of $130K+. Despite tough zoning and high barriers to entry, new supply continues to rise: 2022: +5.2% 2023: +5% 2024: +4% Will NYC development hold steady, or will supply challenges shift the landscape? Read the full article?? https://urt.io/nysmga #selfstorage #selfstoragefacility #selfstorageinvesting #newyork #supply

Phoenix-Mesa-Scottsdale tops the list for self-storage construction among the top 50 CBSAs, with new supply making up over 5.7% of total inventory. As new facilities open in rapid succession, extended lease-up periods could put pressure on rates. Will demand absorb the influx, or could oversupply impact market growth? Dive into the latest insights?? https://urt.io/ssip #selfstorage #phoenix #construction #selfstorageinvesting #selfstoragefacility

James McLean speaks with James Bolduc to discuss how Cactus AI is revolutionizing self-storage underwriting. Their mission? To simplify the process for everyone. By leveraging AI and machine learning, Cactus equips small and mid-sized investors with the tools to compete with industry giants. Watch the full conversation ?? https://urt.io/cactus #selfstorage #selfstoragefacility #selfstorageinvesting #ai

The NYC metro area remains a strong self-storage market, fueled by high population density and renter demand. Despite its high barriers to entry, new supply relative to total supply has remained consistent: 5.2% in 2022, 5% in 2023, and 4% in 2024. Will developers keep pace, or will supply slow down? Read our full analysis?? https://urt.io/nysmga #selfstorage #selfstoragefacility #selfstorageinvesting #newyork #analysis

With 5.7% new supply relative to total supply, the Phoenix-Mesa-Scottsdale CBSA is seeing the highest self-storage construction among the top 50 markets. However, as multiple facilities open simultaneously, some areas may face downward pressure on rates. Can demand keep pace? Explore our full report?? https://urt.io/ssip #selfstorage #selfstoragefacility #selfstorageinvesting #phoenix #data #analytics

Leah D. of Johnson Insurance explains why choosing a single, specialized agency is the smarter way to secure the best protection for your self-storage business. Read the full article to learn how the right insurance partner can help you save money and build a stronger long-term strategy?? https://urt.io/miacd #selfstorage #selfstoragefacility #selfstorageinvesting #insurance

Kevin Harless of Storage Authority Franchise reveals 5 costly expenses that may seem essential but actually hurt profitability. From shifting to digital marketing to rethinking move-in discounts, these adjustments can streamline operations and boost revenue. Looking to cut unnecessary costs and maximize profits? Discover the key changes to make your self-storage business more efficient?? https://urt.io/ctw #selfstorage #selfstoragefacility #selfstorageinvesting

Setting your trade area just got easier on Radius+! James de Gorter walks through the latest UI updates, making it effortless to fine-tune your radius, toggle drive times, and explore crisp satellite imagery. Plus, dynamic data updates ensure real-time insights! Book a demo to find out how Radius+ can help you stay ahead in the self-storage market ?? https://lnkd.in/gkHcZgzQ

It's been a busy month, but huge thanks to Radius+ for sponsoring the podcast! If you're in self-storage, you know how critical good data is. Their platform provide data like supply/demand dynamics, rate trends, competitor insights, and demographic overlays—all in one place. Radius is my go-to platform. I use it nearly every day to evaluate deals and understand local markets. Grateful to have them supporting the show—and if you're not using Radius yet, you're missing a major edge. Book a demo here: https://lnkd.in/eZrCJqFe #selfstorage

Phoenix-Mesa-Scottsdale leads the top 50 CBSAs in new self-storage supply under construction, with over 5.7% relative to total supply. With multiple facilities coming online quickly, lease-ups may take longer, potentially keeping rates low. Will demand keep up, or will oversupply slow growth? Explore the latest market insights?? https://urt.io/ssip #selfstorage #phoenix #construction #selfstorageinvesting #selfstoragefacility