Self-storage industry goes upscale as Canada downsizes

The condo boom, downsizing, divorce, death and changing tastes have all contributed to a doubling in self-storage across Canada over the last decade — and a virtual explosion across the United States — as more folks find themselves space-challenged but unable to part with even the tarnished trophies of their lives.

Surprisingly, some 20 to 30 per cent of its lockers are also, in essence, small business incubators — places where plumbers and store owners can park their tools and supplies when needed, or until it makes sense to take long-term leases on bigger industrial space.

TORONTO STAR  |  Susan Pigg  | Read complete article here