Marcus & Millichap Real Estate Investment Services, a commercial property investment firm prominent in the self-storage industry, has released a series of semiannual reports covering 42 major markets across the United States. Produced by the firm’s National Self-Storage Group and released through its Research Services arm, the local reports offer market trends on employment, population, unit vacancy and asking rental rates.
The two-page reports also provide an overview of state rentable square feet per capita and regional median price and cap-rate trends. Recent self-storage property sales in each report’s region of coverage are also highlighted.
The Self-Storage Research Semiannual Reports will be published twice each year and may be downloaded for free by users who register with the company’s website.
Marcus & Millichap produces more than 2,000 research products each year, officials said. The Research Services department offers a range of publications, from national economic perspectives to property type-specific analyses at the market level. A new company website enables users to search for reports by multi-family and commercial property type, as well as by location and keyword.
Marcus & Millichap has more than 1,300 investment professionals in offices throughout the United States and Canada. The company closed more than 6,600 transactions last year with a value of approximately $24 billion.