chi-lifestoragefacility (2) Life Storage reported occupancy of 91.2%, an increase of 110 bps from one year ago.

CHICAGO—A group of public REITs has dominated the self-storage investment market for years, but recently a swarm of new players made their mark. Private buyers now win many of the bids, and experts say this shift in the investment landscape will probably last a long time, even though revenue growth, while steady, has slowed down somewhat.