There is an old adage that says "One man's trash is another man's treasure." However, it is not always clear how you can monetize that. With self-storage REITs, you can. Americans love collecting stuff and when they have too much stuff to store in their space, they use self storage facilities. In 1995, just 6% of households rented a self storage unit, today, that number has climbed to 9%. Self storage facilities are also commonly used as a result of moves, home renovation, and for a range of commercial applications. One of the leaders in this category is Sovran Self Storage (NYSE:SSS). SSS typically runs its business under the brand Uncle Bob's Self Storage.
At March 31, 2013,...
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