chi-lifestoragefacility (2) Life Storage reported occupancy of 92.7%, a slight increase from one year ago.

CHICAGO—The self-storage sector has become one of the most attractive investments in commercial real estate, outperforming most others in terms of revenue growth, but in the past few quarters it reached a plateau. Growth in occupancy and revenue has slowed for its major REITs, along with their stock prices. As a result, these companies have slowed down acquisitions. However, that has opened up opportunities for the many private investors that want to jump into the still-vibrant sector.