The State of the Self Storage Industry 2020
Let’s take a look at the State of the Self Storage Industry 2020. As we look back, the self-storage industry was having yet another banner year. For U.S. businesses, self-storage offered cost-effective and flexible space management solutions. Businesses were able to expand certain capacities without increasing fixed costs. Moreover, urban residential trends further contributed to the Industry’s growth. Then, COVID-19 hit….
As we grapple with the economic impact of this global pandemic, what does this mean for the self-storage industry? What are the impacts regionally and nationally?
Dr. Warren Lieberman, President Veritec Solutions, will join Mike Burnam, CEO, TKG-Storagemart Partners, L.P., Alex Burnam, Director Acquisitions and Real Estate, TKG-StorageMart Partners, LP , and Scott Zucker, Attorney, Weissmann Zucker Euster Morochnik & Garber P.C. Together, they will discuss these and other important issues affecting the self-storage industry.
This virtual seminar and panel discussion is to be held on Thursday, October 29, 2020, 2:00 – 3:00 pm Eastern Time.
Special thanks to StorageMart’s Mike Burnam and Alex Burnam for sponsoring this event!
Event Update!
See below for the actual session of The State of the Self Storage Industry 2020.
| David Paulson | |
| 0:00:00 | Introductions |
| Mike Burnam | |
| 0:05:43 | StorageMart Introduction and History |
| 0:09:38 | Self-Storage Marketing Considerations and Players |
| Alex Burnam | |
| 0:15:40 | Future Concerns, Over-Supply, and Demand |
| 0:24:05 | Return to Normalcy and Business Intelligence |
| Scott Zucker | |
| 0:38:26 | Price Gouging Laws and Its Impacts |
| 0:44:10 | Liability and Site Safety |
| 0:45:30 | CARES Act Impact |
| Warren Lieberman | |
| 0:53:17 | Three Sample Markets Pricing Data Review |
| 0:55:48 | Active Price Management |
| 0:57:40 | The Rent Increase Trade-off Point |
| 0:58:32 | South Florida Case Study |
| David Paulson and Panel | |
| 1:05:58 | Question and Answer |