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The Evolution of Self Storage: A Look Back and Forward - Diamond Self Storage Management
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The Evolution of Self Storage: A Look Back and Forward

By: Justin Small
Published: Apr 21, 2023

Self storage has come a long way since its inception in the mid-20th century. Originally a simple garage-like space rented out for personal storage, the self storage industry has transformed into a sophisticated, multi-billion dollar industry offering a wide range of storage options and services. In this article, we will take a look at the evolution of self storage and what the future may hold for this industry.

A Brief History of Self Storage

The first self storage facility, known as "Xerox Building" opened in Odessa, Texas in 1958. This facility was a simple warehouse that allowed people to store their personal belongings. The concept quickly caught on and over the next few decades, self storage facilities began to spring up all across the United States.

In the 1980s, the industry began to shift towards a more customer-focused approach. Storage facilities started to offer a variety of storage unit sizes, security features, climate-controlled options, and more. The self storage industry also began to incorporate technology into its operations, such as online reservations and payments.

The Present and Future of Self Storage

Today, the self storage industry is a thriving industry that serves a wide range of customers, from individuals to businesses. The industry has become more sophisticated, offering advanced security features like gated access, video surveillance, and individually alarmed units. Self storage facilities now offer climate-controlled units, which can help protect sensitive items such as electronics, antiques, and artwork.

The industry has also seen a rise in mobile storage options, where companies will drop off a storage container at a customer's location for them to fill up before picking it up and storing it at a secure facility.

Looking ahead, the self storage industry is expected to continue to grow and evolve. The industry is exploring innovative new technologies such as automation, which could allow for faster, more efficient service. Additionally, as people continue to downsize their living spaces, self storage may become an even more important part of people's lives.

Conclusion

The self storage industry has come a long way since its humble beginnings. What started as a simple concept of offering extra storage space has grown into a sophisticated industry that serves a wide range of customers and offers a variety of storage options and services. As we look ahead, the future of self storage is bright, with the industry continuing to grow and innovate to meet the needs of its customers.



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