The Inside Self-Storage Store, an e-commerce website providing research and education products for industry professionals, is now offering third-quarter 2014 industry reports produced by the Self Storage Industry Group (SSIG) of commercial real estate firm Cushman & Wakefield. The new products include the latest Self-Storage Performance Quarterly (SSPQ) national report as well as 50 Metropolitan Statistical Area (MSA) Reports.
The 62-page SSPQ report is priced at $750 and contains income and operational performance data from more than 7,000 facilities in the nation's 50 largest MSAs. It includes data regarding new construction trends, the use and cost of concessions, market rent, occupancy and trend analyses. Operating performance is broken out by region, and MSA data includes the most-improved market, watch list markets, median rental rates and physical occupancy, implied economic occupancy, and more.
SSPQ reports are also available as an annual subscription ($2,500) and are targeted at real estate investment trusts, large self-storage operators, and industry analysts including security analysts, lenders with a large concentration in the self-storage sector, and others who monitor industry-performance metrics.
The MSA reports are available individually for $100 and contain information regarding income, expenses, occupancy, supply, asking rental rates, concessions, and rent per available square foot within a specific MSA. Each one-page report includes an overview of market conditions, self-storage performance index, asking rental rates by unit type, rent per available square foot, physical occupancy, and more.
In addition to SSPQ and MSA reports, the ISS Store offers other Cushman & Wakefield products including monthly National Rental Activity Reports and customized Trade Area Snapshot Reports. Details can be found at www.insideselfstoragestore.com.
Cushman & Wakefield advises and represents clients on all aspects of property occupancy and investment. The firm's Valuation & Advisory Division, which includes the SSIG, is one of the largest real estate valuation and consulting organizations in the world. Founded in 1917, the company has 253 offices in 60 countries and more than 14,000 employees. It offers a complete range of services for all property types including leasing, sales and acquisitions, debt and equity financing, investment banking, corporate services, property management, facilities management, project management, consulting and appraisal.
Conceived as a central hub that allows self-storage owners, operators, developers and investors to obtain cutting-edge information and resources, the ISS Store is owned and operated by ISS, a dynamic services provider that has served the self-storage industry for nearly 25 years. The brand includes ISS magazine, the ISS Expo and Self-Storage Talk, the industry’s largest online community.