{"id":1004495521,"date":"2020-12-07T13:56:52","date_gmt":"2020-12-07T21:56:52","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004495521"},"modified":"2025-02-26T06:17:02","modified_gmt":"2025-02-26T14:17:02","slug":"top-5-self-storage-markets-for-transaction-activity","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-5-self-storage-markets-for-transaction-activity\/","title":{"rendered":"Top 5 Self Storage Markets for Transaction Activity"},"content":{"rendered":"

\"\"<\/a>Nationally, more than 26 million square feet of storage space traded year-to-date through October for a combined $1.9 billion, according to Yardi Matrix. This marks a 41 percent drop-off compared to the same time frame in 2019 when the total sales volume amounted to $3.2 billion.<\/p>\n

Overall sales activity slowed down during the first few months due to the health crisis when shelter-in-place orders put pressure on most businesses across the country. However, self storage investment picked up again in July and peaked in August, when a total of 62 properties were sold.<\/p>\n

The table below highlights the Top 5 self storage markets with the highest overall transaction volume year-to-date through October, based on Yardi Matrix data. The metros on the list account for a quarter of total investment activity\u2014the Top 3 markets reported a considerable increase in volume this year compared to 2019.<\/p>\n