When it comes to sustainability, there are three key areas to consider: environmental, economic, and social. In today's society, there is a growing consumer interest in supporting businesses that prioritize eco-friendly practices. Therefore, it is crucial for the self storage industry to introduce sustainability measures in facility design and operations. However, sustainability goes beyond incorporating […]

Americans’ love for travel, intensified by the 2020 pandemic, has fueled the RV industry, resulting in an ongoing surge in popularity. Industry reports indicate robust growth in RV ownership and usage, with wholesale shipments projected to reach 350,000 units by 2024. Moreover, the RV industry contributes a staggering $140 billion annually to the US economy1. […]

When it comes to building a self storage facility, many investors focus on location, security features, and unit sizes, often overlooking a critical element that can make or break the success of the investment—the roof. The roof may not be the most glamorous aspect of a storage facility, but it is undoubtedly one of the […]

In 2021, the global self storage market was valued at $54 billion. The self storage industry growth projections at a compound annual growth rate (CAGR) of 7.53% between 2022 and 2027 and expected to hit $83.6 billion by the end of 2027. The North American market is projected to contribute the most significant chunk of […]

As 2023 comes to a close, the team at Forge likes to reflect on the past year and make our clients aware of new laws in store for 2024. Overall, the self storage industry continues to demonstrate exceptional performance as a prominent commercial real estate sector and emerging as one of the nation’s top investment […]