Occupancy Near Record Highs: Self-storage facilities have been running nearly full . Average occupancy rates reached roughly 96.5% , an unprecedented level that reflects consistent demand and facilities operating at essentially maximum capacity. Even by mid-2024, occupancy remained near these record highs, indicating sustained need for storage space. Surging Demand from All Segments: Residential customers (e.g. urban apartment dwellers and downsizing homeowners) and commer