• auctusgroup

Self-storage rents fell in Aug.

Self-storage rents continued to drop in August, according to Yardi Matrix, with street-rate rents declining 1.7% for non-climate-controlled units and 2.9% for climate-controlled units on a year-over-year basis. New supply put pressure on the Charleston, S.C., market, with rent rates falling by 11.3% over the past year.

Commercial Property Executive (9/26)

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