Self Storage Facilities

Comprehensive market research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

MiniCo, Inc.
Self-Storage Almanac
https://www.ministoragemessenger.com/

Comprehensive annual reference guide provides detailed statistical data for the self-storage service sector, with topics addressed in the almanac including business overview, customer demographics, unit mix, unit rental rates, occupancy rates, facility management, manager compensation, valuation, investment analysis, bank financing, supply and demand analysis, and occupancy levels by state.

Self-Storage Services
https://www.firstresearch.com/

First Research profiles cover key aspects of an industry's size, scope, and operations and include a five-year growth forecast. Profile contents include:

Informa USA, Inc.
Inside Self-Storage
http://www.insideselfstorage.com/

Monthly trade publication features news and information for self-storage facility owners and managers, with special features including the October "Top-Operators List" issue which ranks the top firms in the industry by total square footage and also includes information on top executive, type of firm, number of facilities, number of units, primary brand names, and locations by state and country for each company.

Self Storage Association (SSA)
Information resources available from this organization include:

An Introduction to Self Storage
http://www.selfstorage.org/
Introductory whitepaper included in the SSA Public Library section provides an extensive overview of the self-storage business, with topics covered in this publication including historical perspective, real estate characteristics, unit rental rates, growth patterns, costs and operating expenses, construction, financing, supply and demand, facility management, marketing techniques, and legal considerations.

SSA Globe Magazine
http://www.ssaglobe.org/
Monthly trade association magazine features news and information for the self-storage industry, with topics covered in this publication including economic outlook, facility management, customer service, maintenance and renovations, security systems, insurance, software and technology, industry trade shows and conferences, and legislative updates. Digital issues of the magazine are available online.

Self Storage Demand Study
http://www.selfstorage.org/
Comprehensive research study provides in-depth information on who uses self-storage facilities, the reasons why they do so, and for how long from both a consumer and business user standpoint, with detailed survey data broken out by user group (e.g., temporary short-term renters, long-term renters, students, and military renters) and geographic region (e.g., Northeast, South, Midwest, and West).

Industry Financial Ratios
Mini-Warehouses and Self-Storage Units
https://www.bizminer.com  Search for "531130"

Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.

MiniCo, Inc.
Self-Storage Expense Guidebook
https://www.ministoragemessenger.com/

Annual guidebook provides operating expense ranges and averages for self-storage properties by geographic region, with expense categories covered in the guidebook including real estate taxes, insurance, on-site management, off-site management, repairs and maintenance, administrative expenses, advertising, utilities, credit card/bank charges, technology, and other office expenses.

Institute of Real Estate Management
Profile and Compensation Study, CPM® Edition
https://www.irem.org/

IREM compensation study provides compensation and benefits information for commercial property managers based on education, level and type of real estate management experience, property types managed (e.g., office buildings, shopping centers, retail properties, medical buildings, warehouses, self-storage facilities, and industrial properties), number of sites managed, and geographic location.

Inside Self-Storage
Self-Storage Manager Compensation Survey
http://store.insideselfstorage.com/

Comprehensive survey provides salary, wage, bonus, and benefits information for individuals who provide day-to-day management of self-storage facilities, with salary and wage data broken out by age, gender, ethnicity, level of education, employment status, developed environment (e.g., urban, suburban, and rural), facility size (net rentable space and number of units), and geographic region.

PayScale, Inc.
Self-Storage Warehousing
https://www.payscale.com/

Free online service provides salary, bonus, and hourly wage rate data for job positions in this real estate sector such as general manager, property manager, facility manager, office manager, and facility rental clerk, with employers for which salary or hourly wage rate data is provided including Public Storage, Inc., Extra Space Storage, Inc., CubeSmart, and U-Haul International (Amerco).

Appraisal Institute
Self Storage Economics and Appraisal
R. Christian Sonne, Appraisal Institute, 2012
https://www.appraisalinstitute.org/

Comprehensive appraisal guide examines the unique characteristics of this industry and discusses the data and tools needed to perform analyses of these properties, with topics covered in the guide including national trends, market area analysis, market demographics, operational trends, site and building analysis, and applying the cost, sales comparison, and income capitalization approaches.