• auctusgroup

Self-storage rents post significant drop in July

Street-rate rents for self-storage facilities dropped 2.5% year over year in July for non-climate-controlled units and 4.3% for climate-controlled units, according to Yardi Matrix. A robust supply pipeline is leading the drop, even in such markets as the West Coast, where demand is strong and supply is relatively limited.

Commercial Property Executive (8/27)

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