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The one with the lowest rent has been $300 under the U.S. rate for the last decade.
That compares to the total CRE volume increase of 8% to $392 billion.
Yardi Matrix predicts self-storage supply will drop 15% from 2024.
Container volumes increased 11.2%, although several disruptions challenged the sector.
The market as a whole has moved in a more renter-friendly direction.
The industrial market is experiencing a slowing pipeline and climbing vacancies.
CBRE analyzes where employment trends signal favorable markets for business growth.
Office availability ended the year at 24.8%, marking the first major decrease since the pandemic.
In 60% to 70% of zones with more expensive homes, prices climbed
Buyers are gaining negotiating power as homes sell for less and sit for longer.