Multifamily Development Driving Atlanta Self Storage Market To New Heights

The past decade of eye-popping population growth bolstered multifamily development efforts in the Atlanta Metro. The consequent apartment boom we witnessed over the last decade has naturally created a context for self storage to thrive.

The self storage business now stands at 40.8 million square feet in Metro Atlanta, with 9.9 million square feet of space delivered between 2012 and 2021. That’s 24% of the total self storage inventory, according to our most recent research of development trends.

Here are a few other highlights for the Atlanta market, courtesy of RentCafe’s self storage division:

  • Metro Atlanta built the 9th-highest volume of apartments during the last decade and was also the 6th-most active metro for self storage construction, adding 9.9M square feet of new storage space and over 95K new apartments from 2012 to 2021 (24% and 19% of its existing inventories, respectively).
  • Despite the pandemic-related setbacks, the Atlanta metro area was quick to recover in terms of self storage and multifamily construction, with almost 1.5M square feet of new storage space and 15,169 new apartments delivered in 2021.
  • Currently, the self storage pipeline counts over 1.4M square feet set to be delivered in the next 2 years.
  • In terms of self storage supply, the Atlanta metro area is now offering 6.6 square feet per person, much in line with the national average.
  • The increased demand for self storage in Metro Atlanta, driven by the area’s high levels of in-migration, have pushed rents to around 112$ for a standard 10’x10’ unit, up 5% year-over-year.

Here’s a link to the full dataset and report:

will be held January 26th, 2023, Noon to 4 PM EST with Atlanta locals in person and rest of country virtual via Zoom.

Read more BELOW

January 26th, 2023
The 13th Annual Hybrid Summit will be held on January 26th, 2023 Noon to 4 PM EST.

Virtual Women in Construction: Building Connections was held on December 14th, 2022, 1 PM to 2 PM EST via a Zoom. 2023 Virtual Women in Construction TBD.

2023 Virtual Men’s Round Tables

2023 Men’s Round Table #1 will be held Q1, 2023

2023 Virtual Women’s Round Tables

2023 Women’s Round Table #1 will be held Q2, 2023


Hotel construction shows signs of life

Hotel construction, which has declined for the past two years. showed a slight increase at the end of the year, STR reports. Luxury and upscale hotels in Dallas, New York and Phoenix have the largest percentage increases in construction. Lodging  

See Website for Details