Some of this growth is from big, national players like U-Haul and CubeSmart, which have both built prominent facilities here in recent years. The rest is from scores of smaller facilities, many locally or regionally owned, that were built in the wake of the COVID-19 pandemic. “That’s nearly twice as much self-storage per person than what is considered a stabilized market.” “The cost of a storage unit has decreased more than 50% from where the peak was in 2022,” he said. Click here to subscribe to the TCBN or to find out where you can get a copy on newwstands.