While Australia’s Prime Minister Malcolm Turnbull excitedly tells business to be ‘agile’ to make the most of these ‘exciting times’ many have learned self storage is peak agile for business accommodation.
The rise and rise of e-tailing is proving incredibly popular with consumers, who enjoy more choice, great convenience and often much lower prices than traditional ‘bricks and mortar’ retailers. In fact, traditional retail is seeing the boom of e-tailing a significant threat.
E-tailers have also realised that accommodating their business does not need to be in traditional ways. Retail stores with long leases are a burden. Many start from home, before moving to larger off-site options.
The self storage industry has seen significant growth in space taken by this new class of business.