The self-storage
industry is continuing to grow despite saturation in some markets. The occupancy
rates over the past few years have varied between 85% and 90% nation wide. Statistics
recorded in 1997, claim that there were 6,994 self-storage facilities in America
and the bulk of the facilities were located in California (1,217), Texas (704),
Florida (567), Washington (287), Georgia (240), Virginia (204), Illinois (201),
and Ohio (195).
The self storage industry was revolutionized when portable
storage was introduced. Portable storage takes away the hassle of hauling personal
belongings to the storage facility. Portable storage can be used to help people
move, as well as, to add convenience for people wanting to store there belongings
for a period of time.
The portable storage industry is dominated by a couple
of well known franchises such as Big Box Storage and PODS (Portable On Demand
Storage).
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