British Columbia (B.C.), on the Pacific coast, is Canadaâs western most province, with a population of four million. The Port of Vancouver is our gateway to the Asia-Pacific.
Self storage. Self storage is an industry in which storage space is rented to tenants, usually on a monthly basis. A self storage business provides rooms, lockers, containers, and/or outdoor space in which tenants can store and access their goods. Self storage tenants include businesses and individuals. The self storage industry is primarily a United States-based industry: of the 58,000 storage facilities worldwide in 2009, 46,000 were located in the United States. [1]
Self storage REITs invest specifically into self storage facilities, and their primary source of revenue is the rents generated from the various units. These REITs may provide residential storage, business storage, vehicle storage, or a combination of all three.