StorageMart, the largest privately owned self storage company, is adding 80,000 square feet of climate controlled storage in the Overland Park, KS, market.

The properties attracted strong interest and multiple offers, says Marcus & Millichap's David Bradley, demonstrating that the market remains strong while rents keep rising.

An array of emerging tools is changing the landscape for multifamily lenders, owners, and tenants in innovative ways.

The vacancy rate in the Tempe-adjacent Phoenix submarket is down 9.3% as new companies plant roots in the market.