LOS ANGELES—Los Angeles is among the top investment markets forself-storage, according to a new report from Marcus &Millichap. With job and wage growth stimulating a healthyeconomy and the move toward densification, the asset class isbooming in the L.A. market. Vacancy rates are down to 7.3% andrental rates are up 3.6% to $1.90 per square foot. To find out moreabout the Los Angeles market, how it stacks up against the nationaland a forecast for the remainder of the year, we sat down withWalter Brauer, VP of investments at Marcus & Millichap,for an exclusive interview.
GlobeSt.com: How does the self-storage market in LosAngeles compare to national trends?
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Kelsi Maree Borland
