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Self-Storage Sector Continues to Face Negative Street Rate Growth

Self-Storage Sector Continues to Face Negative Street Rate Growth

by Phil Hall | Mar 27, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The annual street rate growth in the self-storage real estate sector remained negative in February, according to new data report from Yardi Matrix. Last month, the average annualized same-store asking rent per square foot for combined mix of unit sizes reached an...
U-Haul to Open New Retail and Self-Storage Facility in Rapid City

U-Haul to Open New Retail and Self-Storage Facility in Rapid City

by Phil Hall | Feb 19, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

A new U-Haul retail, moving and self-storage facility is coming to Rapid City, South Dakota, following the company’s recent land acquisition of 7.5 acres. U-Haul Moving & Storage of Catron Blvd. is budgeted for completion by early 2025. The property will...
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