There is 8.8 million square feet of new office product delivering in New York City this year.

SmartStop launches Strategic Storage Trust VI with a $1B IPO in a red-hot sector that achieved a return of nearly 60 percent last year.

Double-digit increases in inventory are coming for New York City, Chicago and Philadelphia.

The firm expects to raise a total of $150 million in equity for the venture fund, which will target real estate technology investments.