Self-Storage / Page 4

February 2023 Self-Storage Market Report Southeastern Markets Over the past few years, the self-storage industry has outperformed to become a significant participant in commercial real estate, becoming one of the country’s top investment classes. Self-storage still had a successful year in 2022, and is in good shape going into 2023, with minor softening in demand […]

Matthews™ Market Movers, Q&A Uncertainty has plagued the real estate industry as recession fears loom. Fortunately, property fundamentals remain strong. In this Q&A, we asked our top agents to provide their specialized insight on what they see in the market and what discussions they are having with investors.   Connor Kerns | Associate Vice President, […]

End of Year Market Report 2022 Self-Storage Overview The self-storage sector has seen exponential growth in the past two years due to COVID-19 increasing migration rates nationwide and displacing office workers as remote work ramped up. In 2021, self-storage saw sales volume rising 180 percent from the year prior, reaching $23.6 billion, according to Real […]

Market Report Southwest Self-Storage The self-storage sector has established itself as a major player in CRE, outperforming other assets over the past few years. It has climbed the ranks nationwide as a top investment class, securing dominance in the Southwest. Industry experts anticipate a robust expansion of self-storage in 2023, with Phoenix boasting one of […]

Feeling the Heat: Phoenix CRE Report Known as the Valley of the Sun, Phoenix, AZ, is one of commercial real estate’s hottest markets. With a current population of over 4.7 million, a 1.4 percent increase from 2022, the Phoenix metro is packed with abundant job growth, consumer spending, and investment opportunities. Phoenix is the largest […]

  The self-storage sector was an unexpected victor after the pandemic. Ranking among the top performing asset classes in commercial real estate in 2021, self-storage racked up $10.9 billion in sales transactions, representing a 161% increase over 2020.   The historic performance was driven by relocation trends over the last two years, where people moved to new cities […]

Matthews™ Market Movers, Q&A Uncertainty has plagued the real estate industry as increased interest rates loom. Fortunately, property fundamentals remain strong. In this Q&A, we asked our top agents to provide their specialized insight on what they see in the market and what discussions they are having with investors.   Alexander Harrold | Senior Vice […]

An Update on Self-Storage Self-storage has established itself as a major player among CRE assets, outperforming over the past few years. Rental rates reached an all-time high of $13a2 for non-climate-controlled (non-cc) units and $150 for climate-controlled (CC) units in June 2022, tenants are renewing their leases at high rates, and net operating income increased […]