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Self-storage REITs offer strong returns in 2021

The pandemic has driven demand for storage space, and self-storage REITs have delivered total returns of 36% as of June 30, outpacing the broader REIT sector. Operators have sought to streamline service during the pandemic with new reservation and move-in options. "What used to be a 45-minute transaction can now be a six-minute experience," notes Public Storage's Natalia Johnson.

Full Story: The Wall Street Journal (7/6)

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Store closures decline for the first time in 2021

For the first time in 2021, store closures have declined year over year, according to an emailed report from Coresight Research. The firm tracked 4,626 closures so far this year, 5.7% fewer than last