Why So Many Self-Storage Units Are Being Built
Susie Grogan of Anthem used a storage facility for years, starting with things needed for her job. “Little by little, my own stuff started to take over,” Grogan said. “I painfully cleaned out the unit [and] donated everything. I vowed never to let this happen again.”
No doubt, someone was there to take her spot. And there are lots of spots. With more on the way.
Developers couldn’t get financing for self-storage facilities during the recession, so virtually none were built between 2009 and 2016, said Anne DeCoster, executive director of the Arizona Self-Storage Association. All the while, larger facilities raised prices “because they could,” she said.
Last year, 25 new self-storage “stores,” as they’re called, opened in the Phoenix Metro Area, DeCoster said.
In the I-17 corridor between Deer Valley Road and New River, there are five existing large and smaller stores with indoor units. At least five more are proposed or under construction:
- Norterra: A two-story facility is being built on the north side of Happy Valley Road between 17th and 19th avenues.
- Norterra: Dollar Storage is set for construction just south of the intersection of 23rd Avenue and Happy Valley Road.
- Tramonto: Plans shelved in 2016 for one near Home Depot have resurfaced. [See article at right.]
- Anthem: US Storage Centers is erecting one on the east side after first getting plans approved in 2009.
- Anthem: U-Haul has plans to double the footprint of its west-side store.
Nationwide, there are more than 50,000 self-storage facilities, according to the Self Storage Association. About 900 new ones were built last year.
Who Needs It?
Phoenix has 5.7 square feet of storage per person, compared to an average of 5.1 in the nation’s top 100 population centers, according to data provided by Poppy Behrens, publisher at the industry analyst MiniCo Publishing. “Occupancy rates in the city are trending close to the national average, slightly above 90 percent,” Behrens said.
People often turn to self-storage when life happens, such as a divorce or lost job forcing a move into the parents’ home, or when a parent dies and the stuff has to go somewhere. Conversely, when someone gets a new job, they may move or remodel.
“When things are good, that’s good for self-storage,” DeCoster said. “When things are bad, that’s good for self-storage, too.”
Grow Your Business
In&Out Magazine is mailed directly to 21,000 North Phoenix homes each week.
Up to 25 percent of storage is used by businesses, she said. Retail stores put away seasonal inventory. Pharmaceutical reps need a climate-controlled place for samples. Professionals have boxes of records. Contractors need a place for tools and equipment.
Others simply find storage makes sense.
“The apartments in Phoenix do not offer enough storage space to store our stuff,” said Talus Ranch resident Bob Wesoloski. “Also, it is more cost-effective to go to a storage than rent an apartment garage.”
A 5-foot square unit with climate control runs from $55 a month at lesser-known companies in North Phoenix to $75 at a well-known one with orange doors, In&Out research found.
- Developer Hears Fireside Residents, Shelves Norterra Self-Storage Plan
- Advice on storing and insuring items, plus a facility locator: www.azselfstorage.org