Self-Storage Is Winning the Pandemic
- Angelo Borrello
- Feb 28, 2021
- 1 min read
Updated: Mar 28, 2021
A commercial real estate sector that thrives on death, divorce and displacement looks ahead to a sunnier 2021
In October, self-storage operator CubeSmart closed on a $540 million purchase of eight storage facilities in New York City from developer Storage Deluxe. Malvern, Penn.-based CubeSmart bought the properties because of what it described as “a supply-starved market” that the coronavirus pandemic had done little to dampen, apparently. Read More
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