Early this week in the Southeast, we saw a promotion, some joint venture success and a new development announced. Georgia dominated the headlines.
BY THE NUMBERS
The Atlanta self-storage market will continue to benefit from robust residential construction. Multifamily developers are on pace to deliver more than 12,000 units in 2017, the largest supply addition since 2003. Furthermore, roughly 25,500 single-family homes are slated for delivery, helping accommodate a rate of household formation of 2.1%, a 10-year high.
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