Despite disruptions caused by the pandemic, self-storage transactions hit an all-time high in 2020.
Overall, self-storage sales tallied $7.7 billion in 2020, which was one-third higher than that of 2019, according to Real Capital Analytics.
However, two entity transactions in Q4, BREIT's acquisition of Simply Self Storage and Nexpoint's acquisition of Jernigan Capital, accounted for over 25% of annual volume.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.