Self Storage Asking Rents Continue to Drop, Reports Yardi Matrix
June 26, 2024
June 26, 2024
SANTA BARBARA, California, June 26 (TNSres) -- Yardi Matrix, a part of Yardi Systems, issued the following news release:
Current economic conditions and the impact on the real estate market continue to dampen the self storage sector's performance, which is typically strongest at this time of year, shows the latest Self Storage National Report from Yardi(R) Matrix.
The average annualized same store asking rent reached an average of $16.44 nationally in May 2024. That is . . .
Current economic conditions and the impact on the real estate market continue to dampen the self storage sector's performance, which is typically strongest at this time of year, shows the latest Self Storage National Report from Yardi(R) Matrix.
The average annualized same store asking rent reached an average of $16.44 nationally in May 2024. That is . . .