Tag: self storage competitive analysis

Understanding Economic Risks in Self-Storage Investing in self storage has traditionally been seen as a recession-resilient choice, but it’s not immune to economic challenges. Rising interest rates, shifts in consumer spending, and fluctuating property values can all impact your bottom line. Recognizing these risks early and implementing targeted strategies can mitigate potential losses. Managing Rising… Continue reading Understanding Economic Risks in Self-Storage

Essential Metrics to Track in Your Self-Storage Feasibility Study When it comes to building a profitable self-storage facility, there’s no room for guesswork. Investors, developers, and lenders alike need to feel confident in the numbers before moving forward—and that’s where a detailed self-storage feasibility study becomes essential. At BMSGRP, we’ve helped countless clients across the… Continue reading Essential Metrics to Track in Your Self-Storage Feasibility Study

Emerging Trends in Self-Storage: Leveraging Feasibility Studies for Future Growth The self-storage industry has evolved significantly in the past decade—and it’s not slowing down. As technology advances and consumer preferences shift, developers and investors must stay ahead of the curve to remain competitive. Understanding where the industry is headed is essential for making smart, sustainable… Continue reading Emerging Trends in Self-Storage: Leveraging Feasibility Studies for Future Growth

How to Conduct a Self-Storage Competitive Analysis in 5 Steps When it comes to developing or expanding a self-storage facility, one of the most critical first steps is conducting a competitive analysis. Whether you’re a first-time developer or a seasoned investor, understanding your local competition is key to evaluating a site’s potential and ensuring long-term… Continue reading How to Conduct a Self Storage Competitive Analysis in 5 Steps