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Street Rates Decline Again as Self Storage Enters Busy Season, According to Yardi Matrix
April 25, 2024
SANTA BARBARA, California, April 25 (TNSres) -- Yardi Matrix, a part of Yardi Systems, issued the following news release:

The self storage sector is still facing difficulties. REITs continue to push down rates, leading to a negative rent growth that has been increasing for the past few months, the latest Self Storage National Report from Yardi(R) Matrix shows.

Annual street rates remained negative in March. The average annualized same-store asking rent per square foot f . . .

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