------ Monolith Group Development :: Self-Storage Investment | Development | Redevelopment | Construction | Project Management

The Self Storage Industry has been the fastest growing segment of the commercial real estate industry over the last 40 years and has been considered by Wall Street Analysts to be “Recession Resistant” based on its performance since the economic recession of September, 2008.

What does Wall Street Say:

"Demand for storage space appears steady, even amid tepid job growth, and supply remains tight. Extra Space, based in Salt Lake City, said 94.5% of its space was occupied at the end of the second quarter, up from 92.1% a year earlier. Public Storage, the largest publicly traded firm in the industry, reported a 7% increase in rental income year-over-year."