This is supposed to be the "busier" spring leasing season for self-storage but the mood in the industry is mostly "somber" but optimistic for the future, according to a new report from Yardi Matrix.
"Performance slipped in 2023 and there are few signs that market conditions are picking up," according to its "Self Storage National Report."
The industry is hoping for a recovery in the housing market later this year or in early 2025 that would bolster the sector.
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