A Note From The Publisher
W
elcome to the 23rd annual edition of the 2015 Self-Storage Almanac. Last year marked our first year of collaboration between MiniCo, the na-
tional Self Storage Association (SSA), and REIS, Inc. We are proud to announce that the 2015 Almanac is once again the culmination of this combined effort in order to present the self-storage industry with the most accurate, in-depth information available.
The information in this year’s Almanac is once again
based on information compiled by MiniCo along with the data from the SSA’s Self Storage Demand Study and market analytics produced by REIS, Inc., the nation’s most trusted provider of commercial real estate market information and analysis. This year-long endeavor would not have been possible without the hard work of many individuals. First and foremost we would like to thank the SSA and REIS for their contributions, with special thanks to Mike Scanlon and Mike Blackett and for their assistance.
First and foremost we would like to
thank the SSA and REIS for their contributions, with special thanks to Mike Scanlon and Mike Blackett and for their assistance.
We would also like to extend our gratitude to Aaron
Swerdlin and his team at NGKF Capital Markets for their tireless efforts in providing us with market condition analyses, to Shawn Hill and his team at The BSC Group for providing their insights into self-storage financing, and to Jeff Shouse and his team at Colliers International Valuation & Advisory Services for their contribution on self-storage valuation. Providing data about how tech- nology and analytics have changed the way self-storage operators do business, we extend our appreciation to Paul Darden and Ray Valasco of District Manager.
Whether you are an industry professional or new to
industry, on the following pages you will find invaluable information about the current state of our industry. As always, it is important to remember that self-storage is a localized business. Consequently, demand, satura- tion, and market feasibility can greatly vary from one
Poppy Behrens ••••••••••
Publisher
location to another. This makes it imperative to consult with independent experts who are familiar with the specific market area you are studying.
In light of our continued collaborative relation-
ships, we believe that the 2015 Self-Storage Almanac will provide self-storage owners and operators with the most up-to-date information available to assist in making criti- cal business decisions. We wish you continued success with your self-storage endeavors in 2015!
Poppy Behrens
2015 Self-Storage Almanac
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