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Self Storage Industry   


The Self Storage Industry has experienced the fastest growth rate of the entire commerical real estate industry in the United States for the past 30 years.  As of the beginning of 2007 their are currently over 51,000 self storage locations. 


The self storage industry has seen a fanomical growth rate in 2006 of almost $23,000,000,000.  Yes thats 23 billion dollars with an national average of $441,000 of revenue per facility nationwide.  This breaksdown to $11.27 for every square foot of space rented during the fiscal 2006 calendar year. 


With the massive revenue growth being over 23,000,000,000  (23 billion dollars) in 2006 this has pushed the total market capitalization value of the complete self storage industry in the United States to a whopping $220,000,000,000 (220 billion dollar).  Projections are that the industry will continue to growth at record rates and exceed this forcast in the 2007 fiscal year. 


Self Storage Industry

 
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