Investors that want to participate in the burgeoning real estate market without the hassles of owning property prefer real estate investment trusts, or REITs. According to Vic Patel, CEO of Forex Training Group, the current market for warehouse and self-storage REITs is thriving. By 2026, the self-storage market in the United States is predicted to be worth $64.71 billion, implying a 5.45 percent compound annual growth rate. CubeSmart, Extra Space Storage Inc., and Public Storage are among the most well-known warehouse and self-storage stocks.
Insider Monkey dives into the 12 best warehouse and self-storage stocks to buy. The Duke Realty Corporation is a well-known real estate company. They have their own bulk warehouses and cutting-edge distribution centers. 15 of the 873 hedge funds tracked by Insider Monkey were long Duke Realty, worth $49.1 million at the end of June. STAG Industrial, Inc. is a real estate investment trust that focuses on acquiring and operating single-tenant industrial properties throughout the United States. Zimmer Partners is the company’s largest shareholder, with 1.68 million shares worth $63.07 million. The tenth stock on our list of the top warehouse and self-storage stocks to purchase is StorageVault Canada Inc. It is Canada’s first publicly traded self-storage REIT, having over 200 facilities across the country. PS Business Parks, Inc. is another REIT in the United States that owns, develops, and manages commercial properties. The corporation owns 97 properties in California, Texas, Virginia, Florida, Maryland, and Washington State, totaling 28 million square feet of rental space. CubeSmart is a self-storage REIT based in Pennsylvania. It is the eighth stock on our list because it operates over 1000 indoor storage facilities around the country. In the June quarter, only 18 of the 873 hedge funds tracked by Insider Monkey were bullish on CubeSmart. For more details, click 12 Best Warehouse And Self-Storage Stocks To Buy.
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