And finally, investment sales. What’s going on with buyers, sellers and pricing? Now the volatility of the capital markets really slowed down transaction volume in Q4 of last year, but we’re starting to pick up steam now and we really expect that momentum to continue over the next 6 to 12 months. Currently, we’ve got a solid pipeline of listings and deals under contract. We’ve… Read More »State of Investment Sales 2023
The capital markets are the biggest wild card of the group. A few weeks ago, it looks like we finally had a clear path towards stability. But then we received a better than expected jobs report, the Fed chair signaled further aggressive rate hikes, and the 16th largest bank in the United States collapsed. On one hand, you have folks saying that things could get… Read More »State of Capital Markets 2023
We wanted to do a kind of “state of the market” just to let you all know what we’re seeing and hearing out there as it relates to operations, capital markets and investment sales. So we’ll start with the boots on the ground. Now, everyone from the REITs in their quarterly reports that just came out all the way down to the mom and pop… Read More »State of the Market 2023 Operations
Austin Market: Continual Inflow of New Residents Drives Demand Economic Overview Austin’s job count will continue to climb this year, albeit at a reduced pace. Several large companies are currently expanding in the market, which will support construction-related hiring over the near term and higher-paying job creation beyond 2023. Apple is one such firm, with the company building a campus in Northwest Austin that will… Read More »2023 Marcus & Millichap Self-Storage Investment Forecast Report
Closed IN Self Storage Four Properties • Dallas / Fort Worth | NRSF: 136,150 | 03/04/2022 MARCUS & MILLICHAP ARRANGES THE SALE OF A 136,150-SQUARE FOOT SELF-STORAGE PORTFOLIO VARIOUS LOCATIONS IN DALLAS / FORT WORTH, TX, 3/10/2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of the… Read More »Closed | IN Self Storage | 03/04/2022