29 Apr 2025
This week, I got to spend time in San Diego for the SSA Valuation summit. A 3-day workshop where I get to learn from some of the brightest minds in Self Storage, Jeff Humphries and Jon Dario.
However, the Radius+ team also did a deep dive into the San Diego-Carlsbad, CA CBSA in the spirit of the Valuation Summit being here this year.
The San Diego-Carlsbad, CA CBSA has seen steady supply growth over the past 3 years. It is a higher barrier to entry market and therefore has not seen explosive growth in any one year like other markets in the US.
The barriers to adding new supply have kept this market’s rate relatively high, even as demand has softened post-COVID.
