{"id":6499,"date":"2024-06-21T15:08:50","date_gmt":"2024-06-21T15:08:50","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=6499"},"modified":"2024-08-28T11:45:45","modified_gmt":"2024-08-28T11:45:45","slug":"self-storage-market-of-the-month-fall-river-ma","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/self-storage-market-of-the-month-fall-river-ma\/","title":{"rendered":"Self Storage Market of the Month: Fall River, MA"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><\/p>\n<header class=\"nlg-entry-header nlg-fimg-mask nlg-has-fimg\">\n<div class=\"nlg-inner\">\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><a href=\"https:\/\/www.stortrack.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">StorTrack\u2019s<\/span><\/a> featured market this month is Fall River, MA. Fall River is a city in Bristol County, Massachusetts. Fall River&#8217;s abundant waterpower, harbor, and humid climate encouraged the growth of textile milling. Today, the textile and clothing industries continue to be the city\u2019s largest source of employment.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">How is Fall River as a self-storage market and is it a good place to consider investing in? We\u2019ve used <a href=\"https:\/\/www.stortrack.com\/products\/explorer.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">StorTrack\u2019s Explorer<\/span><\/a> platform to look at some metrics to analyze its potential as a self-storage investment.<\/span><\/span><\/span><\/p>\n<\/div>\n<\/header>\n<div class=\"nlg-entry-content\">\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><b>Self Storage Market Metrics for Fall River, MA<\/b><\/span><\/span><\/span><\/span><\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" class=\" wp-image-6502 aligncenter\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2024\/06\/MOM_Fall-River_Metrics.png\" alt=\"\" width=\"555\" height=\"366\" \/><\/p>\n<p><b style=\"font-size: medium; font-family: Lato, 'Helvetica Neue', Arial, Helvetica, sans-serif; color: #222222;\"><span style=\"text-decoration: underline;\">Current Supply<\/span>:<\/b><\/p>\n<div class=\"nlg-entry-content\">\n<ul>\n<li><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">There is a 5.11 square feet per capita supply in this market. For comparison, Massachusetts&#8217;s square feet per capita is 5.02<\/span><\/span><\/span><\/li>\n<li><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Out of the 8 self-storage stores currently operating in Fall River, two are REITs, three mid-size operators and three small-size operators<\/span><\/span><\/span><\/li>\n<li><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">There are no new planned development projects in this market, though there are 90 active projects across the state<\/span><\/span><\/span><\/li>\n<\/ul>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><b><span style=\"text-decoration: underline;\">Rate Trends<\/span>:<\/b><\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Rates in Fall River have trended downward in the last 12 months. The average rate per sq ft for standard, non-climate-controlled units is currently $1.75 and $2.02 for climate-controlled units.<\/span><\/span><\/span><\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" class=\" wp-image-6503 aligncenter\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2024\/06\/12-Months-10x10-Non-climate-controlled_Fall-River-MA.png\" alt=\"\" width=\"555\" height=\"185\" \/><\/p>\n<div class=\"nlg-entry-content\">\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><span style=\"font-size: large;\"><b>View the Market Report for Fall River, MA<\/b><\/span><\/span><\/span><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\"><br \/>\n<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Is this a good market for you to invest in? To understand Fall River&#8217;s potential as a self-storage market, <span style=\"text-decoration: underline;\"><strong><a href=\"https:\/\/4297816.fs1.hubspotusercontent-na1.net\/hubfs\/4297816\/Market%20of%20the%20Month%20Reports\/Market%20of%20the%20Month%20-%20Fall%20River%2c%20MA.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">view this complimentary report<\/a><\/strong><\/span>, giving you useful market statistics and metrics. <em>Additional metrics available with report purchase<\/em>.<\/span><\/span><\/span><\/p>\n<\/div>\n<p><a href=\"https:\/\/4297816.fs1.hubspotusercontent-na1.net\/hubfs\/4297816\/Market%20of%20the%20Month%20Reports\/Market%20of%20the%20Month%20-%20Fall%20River%2c%20MA.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\" wp-image-6504 aligncenter\" src=\"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-content\/uploads\/2024\/06\/View-Report_Fall-RiverMA.png\" alt=\"\" width=\"555\" height=\"185\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-family: Lato, 'Helvetica Neue', Arial, Helvetica, sans-serif; color: #222222; font-size: medium;\">Explorer is StorTrack\u2019s market analysis platform for self-storage operators, investors and developers.<\/span><\/p>\n<div class=\"nlg-entry-content\">\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><em><strong>Explorer is available for the evaluation of any primary, secondary and tertiary market in the US, Canada and the UK<\/strong><\/em>.<\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">To purchase a full market report for this or any other market, go to <a href=\"https:\/\/www.stortrack.com\/products\/explorer.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">explorer.stortrack.com<\/span>.<\/a><\/span><\/span><\/span><\/p>\n<p><span style=\"font-size: medium;\"><a href=\"https:\/\/explorer.stortrack.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\"><span style=\"color: #222222; text-decoration: underline;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">Sign up <\/span><\/span><span style=\"color: #222222; text-decoration: underline;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\">for<\/span><\/span><\/span><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"text-decoration: underline;\"> free<\/span><\/span><\/span><\/a><\/span><span style=\"font-size: medium;\"><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"> to start evaluating self-storage markets.<\/span><\/span><\/span><\/p>\n<p><a href=\"https:\/\/explorer.stortrack.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" class=\"aligncenter wp-image-1224\" src=\"http:\/\/www.stortrack.com\/news\/wp-content\/uploads\/2022\/05\/explorer-logo_transparent.png\" alt=\"\" width=\"433\" height=\"144\" \/><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>StorTrack\u2019s featured market this month is Fall River, MA. Fall River is a city in Bristol County, Massachusetts. Fall River&#8217;s abundant waterpower, harbor, and humid climate encouraged the growth of textile milling. Today, the textile and clothing industries continue to be the city\u2019s largest source of employment. How is Fall River as a self-storage market and is it a good place to consider investing in? We\u2019ve used StorTrack\u2019s Explorer platform to look at some metrics to analyze its potential as a self-storage investment. Self Storage Market Metrics for Fall River,&hellip;<\/p>\n","protected":false},"author":13,"featured_media":6500,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/6499"}],"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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/comments?post=6499"}],"version-history":[{"count":3,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/6499\/revisions"}],"predecessor-version":[{"id":6549,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/6499\/revisions\/6549"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/6500"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=6499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=6499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=6499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}