Self-Storage Survives COVID-19, So Far

Self-storage properties are proving to be less susceptible to the COVID-19 crash than other commercial real estate property types, at least in the early stages of the slowdown.

“We appear to be net positive,” says Nick Walker, executive vice president in the self-storage advisory group for CBRE. “When the dust settles on this crisis and we look back, I expect self-storage to again be one of the best performing asset classes.”