Marcus & Millichap

  • $1,280,000,000 Value of recently closed transactions
  • 190 Closed sales in most recent year
  • $279,363,000 Total value of recent listings Search current listings
One of the most stable forms of commercial real estate investment, the self storage industry fills a growing need for millions of Americans.

Marcus & Millichap's National Self-Storage Group (NSSG) provides investors and owners with local market knowledge, property-specific expertise and custom-tailored marketing plans to help them achieve their investment goals. Our marketing platform is a powerful tool for matching the right buyers with the right properties while maximizing value for investors of self-storage facilities. Our investment specialists have experience handling all types of storage facilities and understand the divergent needs of private investors, REITs and institutional investors.

Joel Deis

Joel Deis
Regional Manager / National Director
National Self-Storage Group
(206) 826-5700

Self-Storage Research and Data

Self-Storage Investment Midyear Outlook

National Self-Storage Performance Trends The self-storage industry downshifts from a pace of...

Atlanta Self-Storage Investment Forecast

Economic Trends The Atlanta economy registered annual job growth of 2.7 percent in the second...

Fort Worth Self-Storage Investment Report

Economic Trends Fort Worth employers doubled their pace of hiring over the past 12 months,...

Fort Lauderdale Self-Storage Investment Report

Economic Trends Fort Lauderdale employers bolstered the local employment base by 4.2 percent...

Self-Storage Market

2016 U.S. Self-Storage Investment Forecast

The U.S. economy once again demonstrated its rugged durability last year as it maintained forward traction amid a variety of headwinds. The harsh winter in the first quarter of 2015 restrained hiring, and weakening international economies joined China’s currency devaluation to send shock waves through Wall Street. Some headwinds, however, worked to the advantage of the self-storage sector. Dramatically lower oil prices boosted households’ discretionary income while the stronger dollar increased American purchasing power, and both placed downward pressure on inflation. These factors, together with steady job growth and modest wage gains, heightened self-storage demand.

The outlook for self-storage facilities in 2016 remains strong as broader economic momentum supports household formation and consumption — both positive demand drivers for these properties. The sector has also benefited from limited construction, but leading indicators point to additional development in the coming year. The favorable supply/demand balance tightened vacancy rates last year, and current forecasts point to a continuation of that trend, although the pace of contraction could ease. New hurdles undoubtedly await investors in 2016, but strengthening consumer balance sheets and still-positive economic momentum will favor self-storage performance.