Tuesday, September 24, 2019

Empty Big-Box Stores Offer an Opportunity for Self-Storage Developers

Self-storage developers are fighting over empty big-box stores.

The retail apocalypse has left behind thousands of empty stores. Developers of self-storage facilities have joined the bidding to buy vacant retail properties and then redevelop them into the new use. The locations are often very strong, and the low cost of redevelopment helps make these deals work. . . . more