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.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
