The demand for self-storage units in the Valley, particularly in Phoenix, remains high due to population and employment growth, attracting construction projects. Phoenix ranks among the top U.S. markets for self-storage construction and demand. Major companies like U-Haul, Public Storage, and Extra Space Storage are planning new facilities across various areas in the Valley, including Avondale, Mesa, Goodyear, and Buckeye. Additionally, numerous other developers are proposing self-storage projects in different parts of Phoenix and its surrounding areas, reflecting a significant trend in the self-storage sector’s expansion and investment.