The self-storage market is entering 2023 facing headwinds from flattening street rates, increased expenses, capital markets challenges and the slowing economy, but...
Tag - Self Storage Outlook
National average rate for all unit types was $145, a new low for 2022 SANTA BARBARA, Calif., Nov. 17, 2022 – National self storage street rates hit their lowest average...
National average rate for 10×10 non-climate-controlled units fell to $148 in September from mid-summer high of $152 SANTA BARBARA, Calif., Oct. 25, 2022 – Year-over...
Self storage street rates fell slightly from record highs in August SANTA BARBARA, Calif., Sept. 22, 2022 – Average self storage street rates reduced slightly in August...
The self storage industry continues to perform well. National street rate performance has remained strong throughout 2022, following a banner year in 2021. While rate...
With high demand persisting, operators push rates in many markets SANTA BARBARA, Calif., July 18, 2022 – Demand for self storage units is steady, so street rates...
Rents rose another $1 in June to all-time highs for both unit types SANTA BARBARA, Calif., July 21, 2022 – Self storage rates keep edging up month after month due to...
Rents rose another $1 in May to national average $147 for all unit types SANTA BARBARA, Calif., June 20, 2022 – Self storage continues to see rents tick up month after...
Rents rose in April due to high demand, strong customer retention SANTA BARBARA, Calif., May 26, 2022 – Self storage continues to perform well nationwide according to...
Self storage executives at the recent New York Self Storage Association’s 2022 Investment Forum expressed confidence that pricing will remain firm in the face of rising...
