Category: Market of the Month

  StorTrack’s featured market this month is St. Albans. St Albans is a cathedral city in Hertfordshire, England. St Albans is within the London commuter belt and the Greater London Built-up Area. Local government services are now provided by Hertfordshire County Council (strategic services) and St Albans City and District Council. St Albans has a highly skilled workforce and Deloitte, Spreadex, AECOM, PricewaterhouseCoopers and Premier Foods have offices in the district. How is St. Albans as a self-storage market and is it a good place to consider investing in? We’ve…

StorTrack’s featured market this month is Hemel Hempstead. Hemel Hempstead is a town in the Dacorum district in Hertfordshire, England. St Albans District Council has plans to meet its 2,500 new homes building target by building on land to the east of Hemel Hempstead near the M1 motorway. Land to the west of Chaulden and Warners End has been removed from the Green Belt designation and is due for development with 900 new homes. There are seven state-maintained secondary schools in the town and in addition, there is a West Herts…

StorTrack’s featured market this month is Milton Keynes, England. Milton Keynes is a city and the largest settlement in Buckinghamshire, England. Milton Keynes is among the most economically productive localities in the UK. It has the UK’s fifth-highest number of business startups per capita. It is home to several major national and international companies. How is Milton Keynes as a self-storage market and is it a good place to consider investing in? We’ve used StorTrack’s Explorer platform to look at some metrics to analyze its potential as a self-storage investment.…

Using the Market Discovery Data Tool from StorTrack Explorer, we were able to view market data on Nottingham, a city in England. Rates have been trending upwards by 11% over the last year and the current supply is 0.50 square feet per capita. The 12-month trailing rental rate averages demonstrate a strong difference between market highs and lows, as much as £50 for a 100 square-foot unit. To view additional metrics and learn if this area presents a viable investment opportunity, visit the link labeled “Click Here to View Market…

Using the Market Discovery Data Tool from StorTrack Explorer, we were able to view market data for Woking, a town in northwest Surrey, England. Despite downward trending rental rates of 8% throughout the past three months, the city has seen increasing rates over the past year by 4.5%. Additionally, there are only three stores in the city and no known development projects in the pipeline. To view additional metrics and learn if this area presents a viable investment opportunity, visit the link labeled “Click Here to View Market Information“.

Using the Market Discovery Data Tool from StorTrack’s MarketView Platform (MVP), we were able to view market data for Glasgow, the most populous city in Scotland and the fourth-most populous city in the UK. Despite strong population metrics, the city has only 1.07 square feet of storage per capita, nearly 70% less than the national average of 1.58. To view additional metrics and learn if this area presents a viable investment opportunity, visit the link labeled “Click Here to View Market Information“.

Using the Market Discovery Data Tool from StorTrack’s MarketView Platform (MVP), we were able to find Milton Keynes, the largest town in Buckinghamshire, England. With 12 stores in the city and one known development in the pipeline, investors considering entering Milton Keynes should evaluate the market’s tolerance for new supply diligently. To view additional metrics, visit the link labeled “Click Here to View Market Information“.

Market of the Month is a regular feature in List Self Storage where we focus on a particular city and then delve into StorTrack’s substantial data reserves to find some interesting and informative insights into the market from a self storage business perspective. This month, we take a look at Carlisle, England, the “Great Border City”. The City Home to the main campuses of the University of Cumbria and a variety of museums and heritage centres, Carlisle has a population of 109,183. During the Middle Ages, because of its proximity…

Market of the Month is a regular feature in List Self Storage – the idea of this series is to select and focus on a particular city or area, and then delve into StorTrack’s substantial data reserves to find some interesting and informative insights into the market from a self storage business perspective. This month, we take a look at Edinburgh – the capital of Scotland, the home to the world’s largest arts festival and a city where over 75% of the buildings are listed. The self storage industry throughout…