Beyond Self Storage News Today

11 Must Reads for the CRE Industry Today (Dec. 11, 2020) The Wall Street Journal looks at Airbnb’s rising IPO valuation. The New York Times and the Washington Post examine the consequences of the stalled stimulus package and how states are trying to mitigate the damage. These are among today’s must reads from around the commercial real estate industry. States Try to Rescue Small Businesses as U.S. Aid Is Snarled “With the economic recovery faltering and federal aid stalled in Washin...

In total, this portfolio is comprised of 36 properties totaling 3.6 million net rentable square feet. The first phase of the purchase includes 24 existing properties (2.3 million net rentable square feet) that has been built since 2016, with an average occupancy of approximately 35 percent, according to a Public Storage statement. The second phase includes the transfer of 12 properties (1.3 million net rentable square feet), now in various stages of development, to Public Storage next year as...