10 Feb 2025
With January behind us we can see how rental rate trends have moved from January 2024 compared to January 2025.
In January 2024 the average price per square ft for a 10x10 CC unit within the top 25 markets(when looking at REIT facilities only) was $1.15 in January 2025 the average price per square foot has dropped to $1.07 a 10.7% decrease YoY!