Marcus & Millichap Real Estate Investment Services, a commercial real estate investment services firm, released its semi-annual report on the state of the self-storage industry.
The Self-Storage Research Semi-Annual Report—2010 Outlook is produced by the company’s research department in Phoenix. It highlights average cap rate trends across the nation, and investment, rent, occupancy and construction trends.
According to the company, the information is drawn from inside and outside of Marcus & Millichap, and is not necessarily accurate on all different classes of self-storage but is an average all. It also doesn’t take into account property size, city population, or classification of the property construction itself. This report and others can be viewed on the “Research Services” page at www.marcusmillichap.com.