Self-storage deal volume barely increased in 2025 in the number of transactions, but dollar volume was a different story. Yardi’s StorageCafe reported a 39% year-over-year increase in dollar volume to nearly $5 billion. Average price per square foot and total square footage per deal also rose Y-O-Y, by 12% and 13%, respectively.
“Much of the industry’s backbone still comes from smaller operators and independent owners – the traditional ‘mom-and-pop’ facilities that make up the majority of properties across the country,” wrote Storage Cafe’s Anca Lenta. “However, institutional players continue to shape pricing trends,” with REITs accounting for 18% of all transactions.
The top market for self-storage investment sales was Las Vegas with $175 million in deals. That tally is about 25% greater than second-ranked New York City and nearly three times as much as third-ranked Murfreesboro, TN. Rounding out the top 10 were Orlando; Walnut Creek, CA; Seattle; Atlanta; Houston; Clifton, NJ; and Lawrenceville, GA.
Pictured: A CubeSmart facility in Lakeland, FL. Photo courtesy of CubeSmart.
The post Self-Storage Dollar Volume Rises 39% Year-Over-Year appeared first on Connect CRE.