Within the City of Miami, the self-storage footprint is both substantial and intensely urban. The city contains more than 9.3 million net rentable square feet across 136 operating facilities, a level of density that equates to roughly 21 square feet per capita, well above what the industry often flags as a “balanced” market. On the surface, that metric might suggest saturation, but Miami’s underlying demand profile tells a very different story. As the economic and cultural core of Florida, the city continues to absorb population inflows, international residents, and high-velocity…
StorTrack’s Market of the Month: Miami, FL
