If you are looking for a storage unit, you have a few choices. Here are the top five. Public Storage leads the way, followed by CubeSmart and Life Storage. With over $1.3 billion in annual revenue, they are neck-and-neck for first place.
Extra Space Storage
It is a popular self-storage facility that offers a variety of unit sizes and amenities, as well as wide availability throughout the country. The company operates in 37 states and Puerto Rico and offers climate-controlled storage and enclosed vehicle storage. Its rates are affordable and competitive.
The company has a very low startup cost and relies on management fee income to generate its profits. This allows it to buy properties that are already established and reduces its risk. The company is also one of the smallest publicly traded self-storage REITs, and unlike many of its competitors, it does not consolidate under a national brand. Instead, it owns strong regional brands, and as of early 2022, it had 12 different brands.
Public Storage is the largest public storage operator in the U.S. with 2,400 facilities across North America and Europe. Extra Space Storage is second, with $1.3 billion in sales, while Cube and Life Storage are neck-and-neck. Public storage companies are taking advantage of consumer demand and building storage facilities at an increasing rate.
CubeSmart is a self-storage company based in Malvern, Pennsylvania. It has more than 86 million square feet of space in 1,250 locations in 39 states. Founded in 2004, CubeSmart plans to grow its business by acquiring existing facilities and opening new ones. In December, it closed on the $1.7 billion acquisition of Storage West, which has 59 locations in the Southwest.
CubeSmart also offers special deals for college students and military members, as well as a 10% discount on moving trucks. The company also partners with Penske to provide customers with a discount on truck rentals. In addition to a variety of affordable prices, CubeSmart also offers perks like free Wi-Fi, a lounge with free coffee, and climate-controlled storage.
Security is also an important consideration when choosing a self-storage company. Cube Smart offers various security features, including gated entrances and on-site location managers. In addition, many of its facilities feature 24-hour video surveillance and private Wi-Fi enabled cameras.
The company has more than 1,250 locations across the United States, including both indoor and outdoor climate-controlled units and drive-up climate-controlled units. CubeSmart also offers services for businesses, including vehicle storage and on-site business centers. Additionally, customers can use a mobile app to manage their account and pay their rent.
CubeSmart’s self-storage units are so convenient that they can easily fit the contents of a two-bedroom apartment. For those who don’t have enough space for their belongings, CubeSmart offers an online guide that allows them to choose the proper size for their needs.
If you need a temporary storage space, renting a storage unit from a reputable company is an excellent idea. Whether you are planning a move or simply need to clear your home of clutter, a storage unit can help you to make the process easier. Morningstar storage units can be rented month-to-month or for as long as you need. You can even extend your lease if you need more space.
The Morningstar Storage Company is one of the most reliable self-storage companies in the Atlanta area. They have served the area since 1981 and have many storage options to choose from. Their customer service is a top priority and the staff is happy to walk clients through the process. In addition, all their facilities have top-of-the-line surveillance measures and are secure.
Morningstar storage units are located throughout the country. They provide storage units at prices that are very affordable. In addition, they can help you organize your home by storing less-used personal items. Prices start at just $90 a month. The San Diego location is another great place to store your items.
Morningstar Storage – 2801 Celanese Road has storage units for rent in a variety of sizes. Whether you need to store your car, house appliances, or other items, these units are the perfect solution. You can rent a small storage unit for as little as $90 or opt for a large warehouse with a large storage area for up to $660.
U-Haul storage units offer a variety of features for a variety of storage needs. These units range from outdoor-covered parking spaces to climate-controlled storage units. These units can hold as much as 257 square feet of belongings. Many locations also offer labor assistance and moving supplies. U-Haul has over 1,000 storage facilities across the United States.
The U-Haul brand has a strong reputation among customers. The company was recently named the largest retailer of propane in the U.S., and it continues to be a major player in the automotive aftermarket industry. Additionally, the company has received several awards and recognitions for its work environment, including being named one of the top 15 healthiest workplaces in America.
Life Storage has some of the best customer service in the business. Customers praise the company’s friendly representatives, cleanliness, and top-notch security. Its website offers a virtual size estimator, which helps customers pick the best storage unit for their needs. Life Storage also offers a variety of rental options, including vans and trucks.
The facility is open around the clock and offers electronic access codes to prevent trespassing. Additionally, it is surrounded by surveillance cameras to protect your items. You can even load and unload your items directly from your vehicle. You can also use your personal access code to enter the facility. This facility is also well-lit and secure, which makes it a great option for those who are worried about their belongings.
Life Storage Buffalo is a BBB-accredited company. In the last three years, it has received more than 200 complaints. While many of these are related to annual price increases, others are related to poor maintenance of the facility. Life Storage Buffalo has received complaints about water intrusion and rodent damage.
This list is a summing-up of the data and projections about self storage facilities. Neighbor, one of the most popular peer-to-peer storage operators, keeps updating their statistics as new information becomes available. These statistics are designed to serve as the ultimate self-storage statistics guide. In addition to construction, inventory, square footage, seasonality, pricing, and other important statistics, they also provide data on industry growth and profitability.