Investors can justify per-unit pricing of more than $500,000 for older assets in coastal markets due to tight inventory and rising rental rates.

Post-pandemic, co-working spaces will serve work-from-home employees at larger companies.

Nashville follows closely behind, with 4.6 million square feet of new office space under construction.

The self-storage stocks out-performed many of the market indices in 2021, generating a total return of 65.54%.