With a $75 million investment secured in the second half of 2022,  GoodStorage is set to embark on an expansion journey in 2023. After launching over 40,000 square meter storage spaces in São Paulo last year, the company has ambitious plans to open five new self-storage units, marking a 50% growth compared to the previous year.

Thiago Cordeiro, founder and CEO of GoodStorage, expresses optimism for the sector's growth this year. He highlights the immense opportunities and untapped potential, stating, "Self-storage is still a novel concept in Brazil but rapidly expanding. We are actively contributing to cultivate this culture, aiming to emulate the success of established markets like the USA and Europe, where people recognize the benefits of utilizing these storage spaces."

In addition to their self-storage units, GoodStorage also offers industrial properties with units starting from 1,000 square meters. This caters to companies seeking to reduce freight expenses, optimize processes, and bring inventory closer to the end customer. Currently operating four units in the city, the brand plans to open three more later this year.

The storage space rental market is projected to witness substantial growth in the coming years. According to data from Mordor Intelligence, the global market is expected to reach a staggering $64 billion by 2026. Aligning with this upward trajectory, GoodStorage has plans to open an additional nine units in São Paulo during the next years, providing over 120,000 square meters of storage space within the city. Furthermore, Cordeiro reveals that the company is investing approximately R$ 500 million in land acquisition and construction, aiming to enhance urban mobility and contribute to a more sustainable environment.

Although self-storage services are widely popular in the United States, they are relatively new in Brazil. GoodStorage offers secure and accessible individual units for rent to both individuals and businesses. These units accommodate a wide range of items, from furniture to commercial inventory. Managed by specialized companies, self-storage facilities provide flexibility and convenience for short-term or long-term storage needs.

According to GoodStorage, their units can be rented starting from just 1 square meter, with no bureaucracy or long-term commitment. This makes it an ideal solution for both personal and business storage requirements. The spaces act as extensions of homes or offices, allowing individuals and businesses to store a variety of objects. Additionally, they offer an efficient inventory management solution for businesses, bringing them closer to their end customers.

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