Q1 2026 REIT Report

DOWNLOAD Self-storage REITs entered 2026 with one of their strongest quarters in two years. Q1 2026 marked the first quarter since 2024 where every public self-storage REIT printed positive or flat same-store revenue growth simultaneously — a meaningful inflection after years of mixed-to-negative results. Move-in volumes improved sharply, occupancy stabilized, and Public’s $10.5B merger with […]
2025 – Q4 Self Storage REIT Report

Self-storage REITs ended 2025 on firmer footing than they began the year. Operating trends improved relative to 2024, and management teams broadly expect another step forward in 2026 as new supply continues to moderate. Here are some highlights for the quarter: Key Self-Storage Insights Street-rate declines persisted in Q4, but continues to stabilize. REIT street […]
2025 – Q3 Self Storage REIT Report

REIT Street Rates Experienced Positive Growth Overall, each self-storage REIT expressed 2025 being better than 2024 operationally. 2026 is expected to be even better than 2025 due to new supply continuing to slow. Key Q3 2025 Self-Storage Insights Even though housing related demand is not expected to materially increase in 2026, the REITs remain optimistic […]
2025 – Q2 Self Storage REIT Report

How Are REIT Street Rents Outpacing Achieved Rents in 2025? Download TractIQ’s exclusive Q2 report to see which operators regained pricing power — and what it means for your portfolio. Key Q2 2025 insights – Data at a glance Advertised Rates $20.36 +1.7% YOY (vs $17.99 in Q1) Street rent growth is rebounding — early […]
2025 – Q1 Self Storage REIT Report

2025 Q1 REIT REPORT The first quarter of 2025 showed signs of stabilization for the self-storage industry despite overall market volatility. Some storage REITs reported positive year-over-year revenue growth, something that has not happened for any storage REIT since the second quarter of 2024. In addition, year-over-year street rate growth continues to trend towards positive […]
Q4 Self Storage REIT Report

A Challenging 2024 for Self-Storage Operators 2024 put self-storage operators to the test. Street and web rates were heavily discounted, property taxes surged, and operators struggled to reconcile headline prices with achieved rents and existing-customer rate increases. This report uses TractIQ data and REIT filings to cut through the noise so you can underwrite and […]
Q3 Self Storage REIT Report

The self-storage industry continues to show resilience in the face of headwinds pressuring the market. Each self-storage REIT expressed cautious optimism heading into 2025 while remaining vigilant in operations during a challenging economic and housing environment. KEY FACTS: Extra Space in-place rates are 26.7% above their advertised rates Public Storage in-place rates are 3.0% above […]