Mar
11

Marcus & Millichap Releases Self-Storage Research Report

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Marcus & Millichap Real Estate Investment Services, a commercial property investment firm prominent in the self-storage industry, has released its first-quarter 2014 “Self-Storage Research Report,” which highlights industry trends and performance regarding development, occupancy, sales and more. With a stated value of $150, the free report provides an overview of 2013 data as well as outlooks for the current year, offering insight to changes in occupancy rates, rents and inventory levels, and an assessment of sales dynamics.

Positive momentum in the industry has increased interest from a wide range of investors, lifting demand and tightening cap rates, according to John Chang, first vice president of research services. As a result, investment and sales have picked up outside core market areas.

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