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 their advertised rates
- CubeSmart in-place rates are 19.9% below their advertised rates
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