What Self Storage Owners Should Know About Small Bay Industrial
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What Self Storage Owners Should Know About Small Bay Industrial
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In this episode, Cody breaks down what self storage owners need to know about small bay industrial and how the two asset classes are different.
While self storage and small bay industrial may look similar from the outside, the tenant base, leasing strategy, underwriting, construction, operations, and exit strategy can be very different. Cody discusses what self storage owners should understand before entering the small bay space, including how tenants use the units, how rents are structured, what investors look for, and why small bay industrial can offer a different type of demand profile.
If you own, develop, or invest in self storage and are looking at small bay industrial, this episode will help you better understand the opportunity and the key differences before making a move.