According to recent data from StorageCafe, the self storage sector continues to attract investor attention with transaction volume in Q1 2025 reaching $855 million, up 37% from one year ago. They say this increase indicates renewed confidence in the asset class, reflecting solid demand and a diversifying consumer base. In addition, the first quarter of 2025 revealed an interesting trend: non-REIT buyers accounted for nearly 85% of acquisitions.
Some key points:
- Q1 2025 saw an $855 million increase in self storage sales nationwide – a 37% increase from Q1 2024.
- The total square footage of self storage facilities sold rose 22% year-over-year.
- Eeight of the 10 cities with the highest transaction volumes have below-average storage space per capita.
