Harrison Street’s Mike Gordon on self-storage: Supply discipline, demographic demand, and core-plus future
by Andrea Zander
With two decades of experience in the self-storage sector, Harrison Street Asset Management views today’s environment as one shaped by supply discipline, diversified demand drivers, and the advantages of scale and long-term operating partnerships. In this interview, Mike Gordon, global CIO at Harrison Street, reflects on how the firm’s self-storage thesis has matured since 2005, why demographic shifts and rising customer length of stay underpin long-term demand, and how falling construction starts are reshaping the sector’s supply/demand balance. Gordon also discusses Harrison Street’s recent joint venture with Morningstar Properties, the role of institutional capital in driving competitive dynamics, and why self-storage is increasingly viewed as a core-plus allocation within institutional real estate portfolios.
