The Phoenix Metropolitan Area remains one of the defining self-storage stories of the Sun Belt, where rapid population growth, heavy development activity, and sustained investor interest continue to converge in a single, high-velocity market. Currently, the Greater Phoenix metro ranks among the top five metros nationally for new construction, with new supply highly concentrated in the urban core. While development is spread across the region, the City of Phoenix specifically accounts for nearly 30% of all projects underway within the broader metropolitan boundaries, highlighting the competitive intensity shaping the entire…
