Tommy Dobczyk ran a demand analysis for Mesa using data from storage companies, Substack, and SkyAdvisor. Industrial outdoor storage has the highest demand, beating RV and boat storage. Mesa properties flip uses every three years, creating constant need for storage solutions.
Did you see what the deal was today?
Oh, when you ran—
before you ran your LOI, I asked it a little bit of what the demand was in the area. It was giving me the highest demand for it as an industrial outdoor storage, more so than an RV and boat. It was doing kind of a mix. So it was just saying Mesa was a growing environment and there was a lower demand, and then it was saying it needed a higher supply of storage.
Correct. And the reason is because in this particular area It's basically like a, it's like a re— they're revaluing and repurposing property in this area on a continuous basis, almost like a 3-year basis. Like one day it's, you know, like a restaurant, the next day it's a laundromat. So, and it's in the same building.
It's kind of crazy.
So we'll let it dig into the spots we go to. You can see like it's pulling data from every boat survey storage company, and that would be RV storage company in that area. It's using Substack, it's using SkyAdvisor. For one minute and 6 seconds, it thought about it and came back.
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