Midgard Self Storage Opens 4 New Locations In Q4 (With More Coming Soon)

In the midst of an ongoing wave of growth for the industry as a whole, self storage company Midgard Self Storage recently opened four new locations during Q4 2022 — and plans to open even more in the near future.

As Todd M. Allen, managing principal of Midgard Self Storage explains, these latest developments for the company aren’t just an indicator of his own company’s success. They also illustrate increased demand for self storage services from businesses and residential customers alike.

The Latest Growth

In Q4 2022, Midgard Self Storage opened its newest locations in Okahumpka and Lutz, Florida, as well as Gainesville and Augusta, Georgia. The Gainesville location is also the company’s first contactless facility. “We’re thrilled at being able to open these new locations and give more people access to convenient self-storage,” Allen says.

“This is all possible thanks to the support of our current customers, and of course, the fact that people are always going to need storage assistance in some capacity. This has been a great year for us, and we’re looking forward to expanding even more in 2023.”

Midgard Self Storage has enjoyed steady growth since its inception, currently boasting over 80 locations nationwide. The company’s self storage facilities are primarily located in the Southeastern United States (Alabama, Arkansas, Florida, Georgia, North Carolina, South Carolina and Tennessee), though it also operates a few locations in Colorado.

The most recent openings are a reflection of the strong growth experienced by the self-storage industry as a whole, which is expected to have annual growth of 5.76 percent between 2022 and 2027.

An Economically Resilient Industry

Allen is quick to point out that self-storage is an incredibly resilient industry — a fact that has certainly played a role in the growth of his company. “No matter what the economic climate is like, people need storage space. During…