SPONSORED: Nuveen Real Estate – Storage likely to remain an outperformer

Ongoing lifecycle changes — such as marriage or divorce, moving, the birth of a child or passing of a parent — create persistent demand drivers for households needing storage, explains Melissa Reagen, managing director and portfolio manager with Nuveen Real Estate, in an interview published in the April issue of Institutional Real Estate Americas and Institutional Real Estate Europe. “Whether or not the economy is in a recession,” says Reagen, “the demand for storage tends to be there. That doesn’t mean the sector is immune to anything happening in the economy. Of course, it’s not. But storage is a little bit more insulated because those life-changing events are happening all the time, and this dynamic helps storage outperform.” To read more about the outlook for storage in 2024 and 2025, access a pdf of the Sponsored Section, here.