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The 2020 investment market was anything but ordinary, but the impact of the coronavirus and other factors differed by location. To get a solid outlook for what’s ahead for self-storage this year, read the perspectives of several real estate advisers from across the nation.
Without question, 2020 proved to be a unique and challenging year. It’s clear that different parts of the nation are experiencing varying levels of disruption due to COVID-19 infection rates, local and state mandates, and other factors. To shed light on how the U.S. self-storage markets were impacted and gain an understanding of how things might shape up for the industry this year, I reached out to several real estate advisers: