Sales of self-storage properties in the U.S. hit $10 billion in 2022 – outstripping prior years, with the exception of 2021, when a single $3 billion sale in New York pushed the year’s total to $12.3 billion. Nationally, transactions involving 73.4 million square feet of space were completed in 2022, and the sector is drawing close attention from REITs and other investors.

“The U.S. self-storage sector demonstrated familiar vigor and confidence in 2022,” commented StorageCafe, which produced the report and provides storage unit listings across the U.S.

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