Rent gains will remain modest compared to last year, but seasonal growth is expected to return in the coming months.
Although self storage fundamentals will remain healthy, the sector is expected to return to more normal seasonal growth, since increases won’t be able to match the record gains seen in 2021. Street rates for 10×10 non-climate-controlled units dropped 180 basis points to 5.8 percent from February to March, while rates for same-size climate-controlled units fell 80 basis points to 6.6 percent over the same time frame......more
RSK: It may have slowed down a bit but will always be a solid performer.
- - Volume: 10 - WEEK: 19 Date: 5/3/2022 8:55:16 AM -