The coronavirus pandemic is disproving a theory that the self-storage sector is inherently resistant to broader economic trends, as stay-home orders and cutbacks on nonessential spending lead to fewer walk-in visits from prospective customers.
Self-Storage Properties, Often Cited as Slump Resistant, Aren’t Immune to the Coronavirus
Customers Pull Back on Nonessential Spending as Economy Slows
CoStar News
May 15, 2020 | 10:11 P.M.
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- Companies
- Harrison Street Asset Management
Finance and Insurance
- National Storage Affiliates Trust
Real Estate