Self-Storage REIT Report – 4th Quarter 2022
March 20, 2023
Rental growth slowed significantly across the nation in the second half of 2022 and occupancy levels also took a step back. After a record breaking 2021 and start to 2022, transaction velocity slowed in the second half of 2022 as the cost of capital surged due to increases in the Federal Funds Rate. While fundamentals are still positive, the major REIT’s have pared back growth projections in their guidance.
Download the report: Self-Storage REIT Report 4Q22
For more information on the self-storage sector, please reach out to:
Douglas J. Ticus, MAI, MRICS | Principal
Infinity at Brickell
40 SW 13th Street
Suite 506
Miami, FL 33130
(847) 903-6679
Kristopher C. Oxtal, MAI | Principal
1808 Wedemeyer Street
Suite 312
San Francisco, CA 94129
(813) 215-7071
Isabella C. Mendoza | Associate
Infinity at Brickell
40 SW 13th Street
Suite 506
Miami, FL 33130
(786) 797-0228
