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 (SSS). SSS typically runs its business under the brand Uncle Bob's Self Storage.
At March 31,
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