Thursday, 05 July 2012 14:35

Self Storage Infographic

Written by  Matt Van Horn
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 Below is a recent infographic from Sparefoot, one of the self storage industries largest aggregators.  One of the more interesting items on this infographic is the section discussing REIT owned facilities vs. Mom & Pop owned facilities.  Out of a total of 50,050 facilities, the five largest self storage companies only comprised about 1% of the total market.  Our industry resembles the Pizza industry in many ways.  Yes, Pizza Hut, Domino's, and Papa John's are huge companies with extensive marketing budgets, but they still have less market share then independent restaurants.
 

In addition the section on industry returns is great.  Compared to other industries self storage had higher returns, in 2011, then the health care, retail, and even timber industries.  It's fairly obvious why the self storage industry has received a flood of institutional money.  

 

(To view the infographic click the READ MORE button)

 

 

 

Sparefoot         

AUSTIN, TX - June 14, 2012 - SpareFoot, the self-storage web marketing solution, has released a new infographic to illustrate surprising facts about our industry’s size and growth as real estate’s “hidden giant.”

As the fastest-growing segment of REITs, the footprint of storage facilities doubled from 2000 to 2005. This shows there has been a rapid increase in consumer demand for storage space, particularly in the U.S., which owns around 86% of the global market.

 

The infographic also highlights how self-storage is a segmented industry. The data supporting this argument is jarring: As of 2011, 90% of all self-storage companies were owned by small business entrepreneurs. Only 9% are owned by UHaul and the four large publicly traded REITs.

 

About SpareFoot

SpareFoot is the world’s largest online marketplace for consumers to find and reserve self-storage units, with comparison shopping tools that show real-time availability and exclusive deals. Customers can easily make reservations online or over the phone. SpareFoot also provides web marketing solutions for storage facility owners and operators; the AdNetwork tool helps self-storage businesses modernize their marketing and win new tenants online. SpareFoot AdNetwork listings get more traffic than any comparable directory, featuring software integration and ROI-proving analytics for storage facilities. This fun tech startup is headquartered in Austin, TX. Visit SpareFoot.com to learn more.

 

 

Last modified on Thursday, 05 July 2012 15:09

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