Archive for September 2022
Closed | Plano Parkway Self Storage | 09/23/2022
MARCUS & MILLICHAP ARRANGES THE SALE OF A 42,937 RENTABLE-SQUARE FOOT SELF-STORAGE FACILITY PLANO, TX, September 28, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Plano Parkway Self Storage, a 42,937 rentable-square foot self-storage facility…
Read MoreCapital Markets: Pay To Play | Why Debt is More Expensive Right Now | September 2022 Special Report
As Higher Interest Rates Disrupt Lenders’ Financing Mechanisms, Spreads to Borrowers Climb Higher Tightening Monetary Policy kicks off widening spreads by lenders. Since the first federal funds rate hike in March 2022, the capital markets have been disrupted, due to financial market volatility revolving around inflationary pressures and expectations of an upcoming recession. Whether…
Read MoreSeptember 2022 Self-Storage National Report
Self-Storage Properties Attract Broadening Range of Capital; Sector Durability and Inflation Resistance Key Storage space demand sustains momentum, extends rent climb. The self-storage sector entered the second half of the year in a strong position, having accumulated additional renter demand during the most challenging period of the pandemic. As health conditions and social behaviors…
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