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 […]
Does Lower Market Saturation (SF/C) Lead To Higher Storage Rates?
Does Lower Market Saturation (SF/C) Lead To Higher Storage Rates? Self-storage demand can feel like an unsolvable puzzle. But what if the key lies in one metric (square foot per capita [SF/C]) and its connection to street rates? Spoiler alert: It’s fascinating. I dove into 225 of the top MSAs in the U.S. to see […]
CRE DAILY FEATURE: Self-Storage REIT In-Place Rents are 15.6% Higher than Average Advertised Rents
Self-Storage REIT In-Place Rents are 15.6% Higher than Average Advertised Rents CRE Daily recently featured an article written by TractiQ CEO, Noah Starr. Self-Storage REIT In-Place Rents are 15.6% Higher than Average Advertised Rents Key REIT Report Findings Bid-ask spreads between buyers and sellers are narrowing for acquisitions The customer remains resilient as evidenced by […]
MSM Features TractIQ
MSM Features TractIQ MSM has been delivering unbiased self-storage news, insights, and data for over 45 years. Most recently featuring TractIQ and the CRE Daily product review. Earlier this month, CRE Daily, a digital media company covering the business of commercial real estate, posted a positive product review of TractIQ, a self-storage data platform. The […]
CRE Daily’s Review of TractIQ
CRE Daily’s Review of TractIQ We are honored to share a portion CRE Daily’s review of TractIQ. To read the full review, click here. Data Coverage and Quality TractIQ tracks more than 70,000 operating self-storage facilities and development sites nationwide. The platform includes detailed pricing data by unit type for approximately 40,000 facilities and verified owner contact […]
Comparing REIT’s Discounting Strategy
Revealing the Gap Between Street and Web Rates TractIQ is breaking down six years of self-storage discounting data in a 10-part series. Below, are parts 6-10. Scroll to the bottom to download all 10 parts of the report. First, let’s begin with some context and a few definitions. Self-storage customers sign monthly leases, which carries a double-edged […]
Self Storage Discounting 2018-2024
Revealing the Gap Between Street and Web Rates – Self Storage Discounting 2018-2024 TractIQ is breaking down six years of self-storage discounting data in a 10-part series. Below, Parts 1-5 cover major shifts in discounting strategies across the industry. First, let’s begin with some context and a few definitions. Self-storage customers sign monthly leases, which carries a […]
Tenant Inc. and TractIQ Partner to Transform Data Access for Self-Storage Operators
Tenant Inc. and TractIQ Partner to Transform Data Access for Self-Storage Operators FOR IMMEDIATE RELEASE Newport Beach, CA – February 7, 2025 – At the Storelocal Innovation Summit, Tenant Inc., a leader in self-storage software, and TractIQ, a premier data platform, announced a strategic partnership to transform data access and insights for self-storage operators. This […]
Webinar
Enter your information to register for the webinar to learn more about using TractIQ for your business. WEBINAR DETAILS: Tuesday, February 11th at 3:00 PM CST WHAT YOU SHOULD KNOW: One lucky webinar attendee will be randomly selected as the winner of a Free 1-Year Subscription to TractIQ Pro (must be present to win) Storelocal members […]
The Gap Between Street and Web Rates
First, let’s begin with some context and a few definitions.Self-storage customers sign monthly leases, which carries a double-edged sword. Storage operators often increase customer rental rates as the demand for storage grows within amarket. This responsiveness helps operators capture revenue quickly in times of strong demand. On the flip side, as demand weakens or prices […]
