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chi-lifestoragefacility (2) Life Storage reported occupancy of 91.2%, an increase of 110 bps from one year ago.

CHICAGO—A group of public REITs has dominated the self-storage investment market for years, but recently a swarm of new players made their mark. Private buyers now win many of the bids, and experts say this shift in the investment landscape will probably last a long time, even though revenue growth, while steady, has slowed down somewhat.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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