However, the recent increase in demand for self-storage facilities has shifted to smaller, lower cost cities along with population growth in secondary and tertiary markets. Those markets might have limited inventory, and in the Northeast and Mid-Atlantic might also come with high barriers to self-storage development.
GlobeSt.com looks at how rental assistance from the federal government is being paid out to tenants. Blackstone acquired 66 apartment buildings in San Diego, reports The San Diego Union-Tribune. These are among today’s must reads from around the commercial real estate industry.