StorTrack

?? New Webinar Alert: Key Insights from the REITs' Q3 Reports! Join StorTrack’s Christine Wachsman and James Breunig, along with Andrew Jones from JustStorage, as they explore industry resilience, shifting demand, and rising competition. Learn how natural disasters are impacting insurance costs, strategies for third-party management, and adapting to a dynamic market. ?? Watch the full webinar here: https://lnkd.in/gwNKphVS #SelfStorage #REITs #MarketInsights #StorTrack #DataDrivenDecisions

We’ve added the Market Activity Report to Explorer’s Market Report Library! Get real-time insights into rate fluctuations, inventory shifts, and year-long pricing trends to assess market performance, spot growth opportunities, and make confident decisions. Key Features: ? Daily rate changes for pricing clarity ? Daily inventory changes, broken down by unit type ? Year-long rate trends for each unit type for smarter strategies Start leveraging these powerful insights today! Try Explorer for free: https://lnkd.in/g8uwkWeB #SelfStorage #MarketTrends #StorTrack #MarketData

Simplify your competitor rate-tracking with Optimize. Whether you manage one store or 100+, Optimize makes it easy to access competitor rate data. Schedule Competitor Rate Reports for your team and deep dive into specific operators or unit types to stay competitive. Check out today's tip with James Breunig ?? #SelfStorage #RevenueManagement #StorTrack #RateManagement #MarketInsights #CompetitorData https://lnkd.in/g6z5FzWn

Over the past two years, the Southeast has consistently attracted the highest self-storage transaction volume across REITs, multi-operators, and single operators, fueled by rapid population growth and high storage demand. The Midwest and Southwest follow closely, with multi-operators and single operators particularly active, seizing on those regions' affordability and steady demand. Each area reveals unique opportunities - while the Southeast is a growth powerhouse, the Midwest and Southwest offer attractive, cost-effective investment grounds. #SelfStorage #REIT #StorTrack #CommercialRealEstate

As street and online rates both decline, an increasing gap could spell challenges for self-storage operators. Lower rates may attract more price-sensitive, short-term renters, but this can put pressure on revenue, affect brand perception, and add additional operational costs. In a competitive market, could this "race to the bottom" impact long-term property values? How do you think operators can balance competitive pricing with sustaining profitability? Share your thoughts in the comments! #SelfStorage #StorTrack #MarketData

Renter households in the U.S. are now growing three times faster than homeowner households, fueled by rising home prices that outpace rent increases. With over 35% of U.S. households now renting, the demand for flexible, affordable space is changing the game. This shift is a huge opportunity for self-storage: as more people look to optimize their living space, self-storage demand is rising. For investors, it's a resilient market with solid growth potential, driven by long-term housing trends. #SelfStorage #StorTrack #HousingTrends #CommercialRealEstate

In this week's Tuesday Tips with Jim, we’re excited to highlight Explorer’s new feature: New Housing Construction Projects! ?? With data on 8,000+ U.S. projects, you can view housing developments on our interactive map, complete with key details like project type, price range, and household estimates. Perfect for data-driven site selection and market strategy! #SelfStorage #MarketStrategy #SiteSelection #CommercialRealEstate #HousingConstruction #StorTrack

Rising operating costs are pushing self-storage operators to streamline and adopt tech-driven efficiencies. Data insights are now essential for identifying profitable submarkets, optimizing pricing, and managing expenses – key to maintain profitability and targeted growth amid economic pressures. StorTrack helps operators identify profitable submarkets, optimize pricing, and control expenses. Explore our solutions today! Learn more ?? www.StorTrack.com #SelfStorage #MarketData #StorTrack #CommercialRealEstate #REIT #InvestmentInsights

Curious about the self-storage investment potential in Passaic, NJ? This month, we’re featuring Passaic as our Market of the Month. Check out a free preview of our market report to see key insights into rates, supply, and demographics. ???https://lnkd.in/gW_-UKPY Explore Passaic or dive into any other market with StorTrack Explorer. #SelfStorage #StorTrack #MarketAnalysis #InvestmentAnalysis

Why is accurate and complete self-storage data so crucial for making smart investment decisions? ? Reduce Risk: Reliable data on rates, supply, and demand helps identify stable markets and avoid oversaturated areas. ? Spot Opportunities: Detailed demographics and trends reveal underserved markets, enabling targeted expansion. ? Boost ROI: Informed decisions lead to smarter site selection, higher occupancy rates, and optimized revenue potential. Learn more: https://lnkd.in/g8uwkWeB #SelfStorage #StorTrack #CommercialRealEstate #MarketAnalysis