The industry's own research.
45 items
By Garrett Byrd Storage Authority Franchise Buy versus build gets treated like a personality quiz. Are you patient. Do you like risk. None of it decides anything. Three things do: how much cash you can lock up for three years, how long you can go without a distribution, and whether your spread survives being half…
This week the Radius+ team took a closer look at the Lubbock, TX CBSA. Historical Supply Growth in Lubbock, TX CBSA: 2020: 1.9% 2021: 1% 2022: 3.3% 2023: 8% 2024: 3.1% 2025: 0% 2026: 0% Lubbock saw notable supply additions in 2022, 2023, and 2024, creating competitive pressure in the market. The region has…
For years, success in self-storage was often measured through growth. More facilities. More markets. More acquisitions. More square footage. More development activity. That mindset made sense during a period when demand was expanding, capital was widely available, rental rates were rising, and population movement…
This week the Radius+ team took a closer look at the McAllen-Edinburg-Mission, TX CBSA. Historical Supply Growth in McAllen-Edinburg-Mission, TX CBSA: 2020: 4% 2021: 3.3% 2022: 5% 2023: 5.7% 2024: 13.3% 2025: 5% 2026: 0% McAllen has seen tremendous supply growth from 2022 through 2025, with 13.5% new supply added…
This week the Radius+ team took a closer look at the Shreveport-Bossier City, LA CBSA Historical Supply Growth in Shreveport-Bossier City, LA CBSA: 2020: 0% 2021: 2.2% 2022: 1.3% 2023: 2.1% 2024: 1.2% 2025: 0% 2026: 0% Shreveport has seen moderate to low levels of supply growth from 2021 through 2024. The market’s…
This week the Radius+ team took a closer look at the Omaha, NE-IA CBSA. Historical Supply Growth in Omaha, NE-IA CBSA: 2020: .7% 2021: .08% 2022: .25% 2023: .31% 2024: .09% 2025: 1% 2026: 0% Omaha has a history of measured supply growth, which has helped maintain stable fundamentals over time. The market’s square…
Self Storage has never had a more important time for Young Leader engagement. The industry in 2026 is at a pivotal point in its modern history. After more than a decade of rapid expansion, pandemic-era volatility, and changing household behavior, the sector is now navigating an unusual combination of softening…
Seven (7) Self Storage Misconceptions (some old, some new) that will cost you dearly if you are not prepared. The self-storage industry’s reputation as a simple business has driven a rise in interest from first-time investors, real estate investors, entrepreneurs, and institutional capital. Headlines highlight…
This week the Radius+ team dug into the Memphis, TN-MS-AR CBSA Historical Supply Growth in Memphis, TN-MS-AR: 2022: 4.2% 2023: 3.3% 2024: 5.7% 2025: .03% Memphis saw substantial supply additions from 2022 to 2024, contributing to rental rate compression. Broader economic challenges, including population decline,…
This week the Radius+ team took a look at the Richmond VA CBSA. Historical Supply Growth in Richmond VA: Richmond has experienced slow to measured supply growth since 2022, enabling rental rates to trend upward. The region saw strong economic growth from 2019 to 2023, particularly within the healthcare and…
In self-storage, the line between a routine maintenance task and a costly capital project is often thin, and usually defined by timing. A single unchecked roof seam or faulty HVAC equipment can quietly escalate from minor inconvenience to major expense. The most successful operators understand that maintenance…
If your target market already looks overbuilt on paper, why are the most successful operators in the country still breaking ground there? The industry loves to quote square feet per capita as the single magic number for market viability. We have all heard the rule of thumb: if it is under 7 or 8 square […] The post…
Real estate makes more multi-millionaires than any other investment vehicle. It is easy to invest in real estate because there are many options, such as: buying and owning yourself, the stock market REITs, partners, limited liability partners etc. It could be single-family homes, apartments, raw land, self-storage,…
The post January Renters Rarely Churn First, and That Matters More Than Volume appeared first on Radius+ .
This week the Radius+ team took a look at the Tulsa, OK CBSA. Historical Supply Growth: 2021: 3% 2022: 1.6% 2023: 5.9% 2024: 2.4% 2025: 0% Tulsa saw an unusually large wave of new supply delivered in 2023. Despite this surge, the metro area benefits from a robust economy supported by aerospace, defense, and a […]…
December has a reputation for being a “quiet” month in self-storage. Moves slow down, leasing traffic dips, and holiday travel takes priority over storage shopping. But the story is more nuanced than it first appears. When you look closely at December renter behavior, seasonal inventory patterns, and short-term…
In today’s self-storage market, data isn’t just a byproduct of doing business — it’s a blueprint for better decisions. Operators who know how to read and act on data gain a measurable edge: smarter pricing, stronger occupancy rates, and better forecasting of customer demand. As competition heats up and customer…
This week the Radius+ team dove into the Greensboro-High Point, NC CBSA. Historical Supply Growth in Greensboro-High Point, NC: 2022: 0% 2023: 4.7% 2024: 3% 2025: 2.6% Greensboro experienced a wave of new supply delivered in 2023. The market is gradually absorbing this inventory, as evidenced by rental rates…
This week the Radius+ team took a closer look at the Seattle-Tacoma-Bellevue, WA CBSA. Historical Supply Growth in Seattle WA: 2022: 1.9% 2023: 1.1% 2024: 1.6% 2025: 1.6% Seattle has maintained measured supply growth in recent years, avoiding the overbuilding seen in some other large metropolitan areas. The…
This week the Radius+ team dug into the Palm Bay-Melbourne-Titusville, FL CBSA Historical Supply Growth in Palm Bay-Melbourne-Titusville, FL: 2022: 1.5% 2023: 3% 2024: 12.5% 2025: 3% Palm Bay saw more than 12% new supply delivered in 2024, creating significant downward pressure on rental rates. Strong employment…
This week the Radius+ team took a closer look at the Pittsburgh, PA CBSA. Historical Supply Growth in Pittsburgh WA: 2022: 1.5% 2023: 2.2% 2024: .7% 2025: 1.5% Pittsburgh has experienced measured supply growth in recent years, maintaining a healthy balance between new construction and demand. Local municipalities…
Most industry reports start with conclusions. This one started with discomfort. As we began assembling the 2026 Radius+ Forecast, one thing became clear very quickly: the self-storage industry is not just “cooling,” and it’s not collapsing either. It’s doing something far less familiar. It’s resetting. That…
Residual Income or Reduced Performance? The Real Cost of Going Man-Less. The idea of a completely “man-less” self-storage facility generating pure residual income is appealing. Recently, I read a social media post from an owner who claimed to operate a self-storage facility three states away with no manager, no…
After heavy supply growth in 2022-2023, Buffalo's self-storage market is stabilizing. Slowing deliveries and strong fundamentals point to continued rate gains. The post Buffalo Self-Storage Market Poised for Rate Growth as Supply Slowdown Meets Steady Demand appeared first on Radius+ .
Discover why 2026 is your year to start in self-storage. From easier entry with new tech to tax benefits and a strong market outlook, learn the 7 key reasons. The post Seven reasons why 2026 is the best year for YOU to get started in self-storage appeared first on Radius+ .
Historical Supply Growth in Portland-Vancouver-Hillsboro, OR-WA CBSA: 2018: 6.3% 2019: 11.6% 2020: 6% 2021: 2.4% 2022: 1.4% 2023: 0% 2024: 1.4% 2025: 1% 2026: .04% The Portland metropolitan area saw substantial overbuilding during the 2017 to 2020 cycle, with large volumes of new supply delivered in 2019. Even so,…
Artificial intelligence is becoming part of nearly every business conversation, and self-storage is no exception. Operators, developers, investors, lenders, and acquisition teams are all beginning to ask how AI can help them move faster, analyze more efficiently, and make stronger decisions. The opportunity is…
This week the Radius+ team took a closer look at the Augusta-Richmond County, GA-SC CBSA. Augusta continues to grow as part of the broader Sunbelt expansion. The market saw significant supply growth in 2021 and 2022, followed by more moderate additions in 2023. New homes and steady migration have allowed the market…
Self-storage business owners spend a surprising amount of each day answering the same common customer questions, even when the team is already juggling tours, payments, and move-ins. The core tension is simple: every repeat question pulls attention from in-person service, and customer inquiry challenges start to…
This week the Radius+ team took a closer look at the Hartford-West Hartford-East Hartford, CT CBSA. Hartford experienced consistent supply growth from 2021 through 2025, contributing to downward pressure on rental rates. Despite this, the market is still considered undersupplied at just over 5 square feet per…
Self Storage Underwriting Starts With the Market Self storage underwriting is no longer just a spreadsheet exercise. In today’s environment, the strongest investors, developers, and operators are underwriting from the market up, not the property down. That shift matters because self storage performance is highly…
By Marc Goodin Most investors start where they should: the numbers. They review rents, absorption, supply, expenses, taxes, site costs, and projected returns. Those inputs are essential, but they also create a dangerous illusion. They make a deal feel more certain than it really is. The reason is simple. A pro…
This week the Radius+ team took a closer look at the Wichita, KS CBSA. 2022: 2.5% 2023: 0% 2024: 1.4% 2025: 3.2% 2026: 0% Wichita has maintained a pattern of measured supply growth over the past several years. The metropolitan economy has benefited from expansion in manufacturing, aerospace, and agriculture, which…
#1 Physical Land Data: Topography? Wetlands? Flood plains? Easements? Environmental concerns? Shape? Acres? I get a call a week from developers saying they have a perfect property. But could only describe one and a half of these Land data points. #2 Zoning Data: Zoned for self-storage? Yard Setbacks, Impervious…
This week the Radius+ team took a closer look at the Chattanooga, TN-GA CBSA. 2022: 2.3% 2023: 2.9% 2024: 6.8% 2025: 0% 2026: 0% Chattanooga experienced massive supply growth in 2024, overwhelming demand in the near term. Its central geographic location has made it an important logistics and transportation hub,…
This week the Radius+ team took a closer look at the North Port-Bradenton-Sarasota, FL CBSA. 2022: 9.1% 2023: 6.7% 2024: 8.2% 2025: 9.1% 2026: 4.6% North Port and the greater Sarasota region have experienced rapid job growth since early 2020, fueled by migration from the Northeast into Florida. However, the area…
This week, the Radius+ team took a closer look at the Winston-Salem, NC CBSA. Historical Supply Growth in Winston-Salem, NC CBSA: 2022: 2.5% 2023: 9.6% 2024: 6.4% 2025: 5.2% Winston-Salem has seen significant supply delivered in 2023, 2024, and 2025. Despite this elevated construction activity, the market is…
This week, the Radius+ team took a look at the Oxnard-Thousand Oaks-Ventura, CA CBSA. Oxnard and the surrounding Ventura County markets have seen little to no new supply growth in recent years, creating a structurally favorable environment for operators. Climate-controlled storage remains underserved at just above…
This week the Radius+ team dove into the Indianapolis-Carmel-Greenwood, IN CBSA Indianapolis experienced significant supply growth in 2024 as several new facilities were delivered to the market. As these assets lease up, rental rates have begun to show signs of improvement. There has been no new supply added in…
In the self storage industry, many independent operators feel the pressure when one of the Big Five REITs: Extra Space Storage, Public Storage, CubeSmart, National Storage Affiliates Trust, or Life Storage announces expansion into their market. These corporate giants bring vast capital, automated facilities, and…
This week the Radius+ team took a closer look at the Huntsville, AL CBSA. Historical Supply Growth in Huntsville, AL CBSA: 2022: 6.1% 2023: 13.8% 2024: 7.5% 2025: 10.2% Huntsville has experienced strong population growth, rising 15.9% since 2020, according to local reporting. Much of this expansion is driven by…
This week the Radius+ team took a look at the Provo-Orem-Lehi, UT CBSA. Historical Supply Growth in Provo-Orem-Lehi, UT CBSA:2022: 3.3%2023: 2.2%2024: 1.2%2025: 0% Provo and its surrounding cities already have a relatively high square foot per capita compared with national norms, which has influenced development…
Every cycle has “headline” metros, but the best operators and investors keep a second list: markets where the setup is quietly improving. The 2026 Radius+ Forecast’s Top 25 CBSAs is that list. Across these metros, you see one of three “good stories” playing out: Radius+ calls out that common thread directly:…
I’m excited to join Storable’s webinar on where opportunities exist in today’s reset The self-storage industry is working through a rare setup right now: demand has softened, but new supply is also at historic lows. I have been calling this a “reset” phase, and it is exactly why I’m looking forward to joining…
The 80-plus page annual forecast combines proprietary Radius+ analytics with industry commentary, built on full-year 2025 data and historical insight from 1984 onward. It covers 2026 supply growth, demand dynamics, rental rate performance, and market-level regional divergence.