Interesting Stats in 2016 for Industrial and Self-storage
Industrial
The continuing growth of e-commerce may lead to difficulties for retail real estate, but as online shopping becomes more pervasive in day to day living its proving to be of great benefit to the industrial section by increased demand for warehouse and distribution properties. Moody’s notes that industrial real estate will benefit from continued GDP growth this year. Property values are up about 1 percent quarter-over-quarter.
Self-storage
Storage properties are out performing other sectors in real estate. This increase is believed to continue as Baby Boomers downsize, and more of the population needs a place to put all of their stuff they’ve accumulated over the years. Analysts found that in 2015 self-storage posted the highest rent increases in over 15 years. It is predicted that this trend will continue along with the growth in the self-storage real estate acquisition. Stock values for the self-storage REITs have stock values increase every year since 2009.