Cory Sylvester 📦 (@storagedatadev) 's Twitter Profile
Cory Sylvester 📦

@storagedatadev

Growing the largest private storage developer/acquirer. Co-founder @radius_plus, @dxd_capital & @managespace_

ID: 258122787

linkhttps://bit.ly/3Yqpg5h calendar_today27-02-2011 01:01:57

4,4K Tweet

11,11K Followers

1,1K Following

Cory Sylvester 📦 (@storagedatadev) 's Twitter Profile Photo

The NY Times isn't wrong; storage demand has undoubtedly cooled as home sales activity has slowed. On the other hand, we opened a new property 17 days ago and have 90 rentals so far. The right product in the right market still works. It's just 10x harder to find them.

The NY Times isn't wrong; storage demand has undoubtedly cooled as home sales activity has slowed.

On the other hand, we opened a new property 17 days ago and have 90 rentals so far.

The right product in the right market still works.

It's just 10x harder to find them.
Cory Sylvester 📦 (@storagedatadev) 's Twitter Profile Photo

We just got a mid 70’s hard cost bid for a ground up development. The GC dropped their fee to 0 to win the deal. GCs are getting hungry for business to just keep their team working. Profit is now a secondary consideration with how slow the market is getting. The number of

Cory Sylvester 📦 (@storagedatadev) 's Twitter Profile Photo

When I’m gone I hope my kids always remember me as someone who sent it. Tried the things that sounded crazy to most. I hope they are inspired by my pursuit. I hope that whatever they decide to do in life, they push the limits. 100 miles, 14,000 feet of elevation, in under 36

When I’m gone I hope my kids always remember me as someone who sent it.

Tried the things that sounded crazy to most.

I hope they are inspired by my pursuit.

I hope that whatever they decide to do in life, they push the limits.

100 miles, 14,000 feet of elevation, in under 36
Cory Sylvester 📦 (@storagedatadev) 's Twitter Profile Photo

This is peak bearish for storage Demand bottomed in 2023, in 2024 we’ve seen new home sales rebound which was the primary culprit New supply is going to fall off a cliff and will stay low for at least 24 months That 24 months grows longer each day as new developments that

Cory Sylvester 📦 (@storagedatadev) 's Twitter Profile Photo

When I was young I watched my grandfather build a dollhouse from scratch He gave it to my sister on Christmas and the time it took to make always left an impression on me Now it’s my turn to do it for my daughter This is two months in and I’ll need everyday until Christmas to

When I was young I watched my grandfather build a dollhouse from scratch

He gave it to my sister on Christmas and the time it took to make always left an impression on me

Now it’s my turn to do it for my daughter 

This is two months in and I’ll need everyday until Christmas to
Cory Sylvester 📦 (@storagedatadev) 's Twitter Profile Photo

5 years ago I co-founded DXD Biggest lesson so far; Stay focused, narrow and just keep solving problems. That effort compounds and you wake up one day with something you could never have imagined