Self-Storage REITS improving in 3Q of 2020
Overall results showing improvement in activity in the third quarter of 2020 in the self-storage sector.
Key highlights from Self Storage REITS Q3 2020 report filings:
- The national self storage REITs appear to be recovering from the market slow-down caused by the Covid 19 pandemic eariler this year, with operating metrics returning to historic levels.
- Acquisition activity among the national self storage REITs increased significantly during Q3.
- Third party management platforms continue to grow among the national self storage REITs.