{"id":2844,"date":"2022-12-21T14:45:36","date_gmt":"2022-12-21T14:45:36","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=2844"},"modified":"2022-12-21T14:46:25","modified_gmt":"2022-12-21T14:46:25","slug":"hampton-va","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/hampton-va\/","title":{"rendered":"Hampton, VA"},"content":{"rendered":"


\nUsing the Market Discovery Tool from StorTrack’s Explorer product, we identified Hampton, an independent city in Virginia and part of the Virginia Beach-Norfolk-Newport News, VA-NC MSA. Hampton is also home to Hampton University, a university with a student population of 3,500.<\/p>\n

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Current Supply<\/strong><\/p>\n

There is 7.13 square feet per capita in this market. For comparison, Virginia’s square footage per capita is 7.38. Of the 17 self storage stores currently operating in Hampton, seven are REITs. There are currently no planned development projects in this market, though there are 89 active projects across the state.<\/p>\n

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Rate Trends<\/strong><\/p>\n

Rates in Hampton have trended downwards in the last 12 months by 12%. The average rate per square foot for standard, non-climate controlled units is currently $1.54 and $2.24 for climate controlled units.<\/p>\n

To view additional metrics and learn if this area presents a viable investment opportunity, visit the link labeled \u201cClick Here to View Market Information<\/a>\u201d.<\/p>\n

To purchase a full report on another market, click here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Using the Market Discovery Tool from StorTrack’s Explorer product, we identified Hampton, an independent city in Virginia and part of the Virginia Beach-Norfolk-Newport News, VA-NC MSA. Hampton is also home to Hampton University, a university with a student population of 3,500. Current Supply There is 7.13 square feet per capita in this market. For comparison, Virginia’s square footage per capita is 7.38. Of the 17 self storage stores currently operating in Hampton, seven are REITs. There are currently no planned development projects in this market, though there are 89 active…<\/p>\n","protected":false},"author":7,"featured_media":2846,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[44,31,30,24,45],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2844"}],"collection":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/comments?post=2844"}],"version-history":[{"count":2,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2844\/revisions"}],"predecessor-version":[{"id":2850,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/2844\/revisions\/2850"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/2846"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=2844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=2844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=2844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}