In this episode of TSN Conversations Unplugged, Amy Bix sits down with James McLean of Radius+, Tyson Huebner of Yardi Matrix and James Breunig of StorTrack to identify industry trends, hot markets, rental rates and more.
Representing the most recognized and credible sources in self-storage, these panelists discuss why it can be difficult to find fast real-time facts about RV/boat storage to make educated decisions about developing sites custom-suited to a specific locality.
Want to know which markets are approaching saturation and which are prime for new development? Curious how these companies cultivate their data points? What’s the lowdown on today’s rental rates? Sit back and enjoy the podcast to get these—and many more—questions answered.
Questions addressed:
- How would you describe the state of development in the RV and boat storage industry and where you see it in the next five years?
- What’s trending as far as business models/design: Are you seeing more dedicated RV and boat storage or hybrid facilities in the pipeline?
- Can you identify markets that are oversaturated? Where do you see the most need?
- Do you have data you can share about sales of existing facilities? Are new owners upgrading the sites to remain competitive?
- Who’s developing and/or buying RV/boat storage: independents, family companies, larger RV and boat facility operators, institutions, etc.?
- Who are the big players? Is there still room for independents to enter the market?
- Are you seeing rental rates growing, declining or leveling off?
- In the RV and boat storage facilities that you track, are you able to separate standalone facilities from hybrids? Can you share current numbers?
- Do you know how many of the sites that you’re tracking are Class A (covered, gated, fenced and paved)? Do you see growth in Class A development?
- Toy Storage Nation has broadened its focus to include truck parking and marinas. Do you track these areas? If so, can you share insights about these complementary assets?
- Any other industry insights you can share
Tyson Huebner | Director of Research
Yardi Matrix
Tyson.Huebner@yardi.com
James Breunig | Business Development Manager
StorTrack
james@stortrack.com
James McLean | Head of Business Development
Radius+
jmclean@unionrealtime.com
Check out our other podcasts in the TSN Conversations Unplugged series.
























