Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Self-Storage Five Fast Facts Q3 2022

Mike Mele • 11/21/2022
The Self-Storage Advisory Group’s Q3 report notes that the self-storage sector’s growth is expected to continue to be robust.

Rental income increased nationwide in Q3 2022 due to the increases in asking rental rates even though physical occupancy decreased. Notably, rent per available square foot increased in Q3 both nationwide and for REITs. REITs have had a very strong performance this year, which positions them well going into Q4.  

Supply and demand metrics appear to be growing this quarter, as well as compared to all of last year. Construction starts increased 25% from last quarter and increased 27% as of Q3 2021. According to F.W. Dodge, there have been 533 new starts the last four quarters (new starts includes new construction and alterations, additions, or renovations). 

Read our Five Fast Facts below: 

self-storage-Five-Fast-Facts-_Supporting-Graphic-3Q22_V5

Insights in your Inbox
Subscribe to the latest local market research, insights & analysis from Cushman & Wakefield across the U.S.
Subscribe

Related Insights

abstract census
Article • Economy

​​Five Fast Facts Analyzing the United States Census​

The U.S. Census Bureau recently released county and metro-level population growth data, revealing key trends for all commercial real estate, allowing Cushman & Wakefield to analyze the movement of people across the country.
Sam Tenenbaum • 6/1/2023
Boise_Industrial_FFF_Web-Card
Article • Industrial

Boise Industrial Five Fast Facts

The Boise, Idaho industrial vacancy fell 20 bps. due to strong leasing activity in recent spec construction deliveries. The Boise industrial market continued its high velocity growth pattern, with over a half million square feet of total new construction in the first quarter and over 2.9 msf delivered over the last 15 months.
Christopher Ison • 5/2/2023
boise office fff
Article • Office

Boise Office Five Fast Facts

The Boise, Idaho office market’s overall vacancy increased in Q1 but continued to perform well below the national vacancy rate. The Boise, Idaho commercial real estate market is growing with several available office spaces for sale and lease.
Christopher Ison • 5/2/2023

Interested in learning more?

Get in touch and we can assist with any additional information you need.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS