Marcus And Millichap Self Storage Report 2017
Commercial real estate firm marcus millichap m m has released a special report on the coronavirus outbreak and its potential effect on finance and real estate for self storage and other commercial real estate assets.
Marcus and millichap self storage report 2017. Steven weinstock is the national director of the marcus millichap self storage division. In his first four years with marcus millichap gabriel has sold over 700 million in self storage transactions representing properties in 29 states. The conference explores what top multifamily owners managers developers and investors are thinking and doing in the dallas fort worth markets. Self storage operators are limiting access to facilities and offices though renters are generally able to access their units.
Is a powerful tool for matching the right buyers with the right properties while maximizing value for investors of self storage. Marcus millichap s self storage division provides investors and owners with local market knowledge property specific expertise and custom tailored marketing plans to help them achieve their investment goals. Hughes senior vic e president marcus millichap. We produce research reports and videos covering over a dozen property types across the united states and canada and a variety of market conditions all to help our clients make better more informed.
Self storage cap rates remained relatively stable in the mid 6 percent range for the last couple years with a yield spread abo ve. Join the marcus millichap ipa multifamily forum. Sparefoot talked with weinstock about the 2020 investment outlook for. Marcus millichap s research services division is dedicated to providing our clients with cutting edge market research and innovative insights.
Weinstock based out of chicago also serves as a first vice president and regional manager of marcus millichap s chicago oak brook office and specializes in investment commercial real estate sales. Dallas fort worth in a re imagined all digital online conference format. Skeleton crews safety precautions and restrictions on the number of tenants simultaneously on site are the current standard practices in most locations. Sales rose roughly 6 percent during 2017 well.
Gabriel was ranked second within the national self storage group in 2019 and has been ranked in the top ten since 2015 his first calendar year with the company. The four page pdf publication offers overviews of the u s. And marcus millichap is predicting the same for 2020. There ll still be plenty of self storage delivered in 2020 but the amount won t match what hit the market in 2018.
However there will.