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RAB Research Archive

The hottest industry right now is storing all your stuff



A day hardly passes without the U.S. retail industry sustaining fresh wounds as malls and outlets shut their doors. Americans are still shopping, though – online, in their pajamas – and physics dictates that their new stuff, and old stuff, go somewhere. Welcome to the renaissance of self-storage. While retail chains go belly up and hedge funds place bets on commercial mortgages used to finance dying malls, the mini-warehouse industry has set records for construction spending in each of the last six months.

Source: Bloomberg



View or Download: https://www.bloomberg.com/news/articles/2017-06-13/the-hottest-industry-right-now-is-storing-all-your-stuff

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