{"id":9555,"date":"2025-07-28T12:21:07","date_gmt":"2025-07-28T12:21:07","guid":{"rendered":"https:\/\/listselfstorage.com\/us\/industry-insights\/?p=9555"},"modified":"2025-08-11T15:31:26","modified_gmt":"2025-08-11T15:31:26","slug":"marcus-millichap-releases-midyear-2025-southeast-florida-self-storage-investment-outlook-report","status":"publish","type":"post","link":"https:\/\/listselfstorage.com\/us\/industry-insights\/marcus-millichap-releases-midyear-2025-southeast-florida-self-storage-investment-outlook-report\/","title":{"rendered":"Marcus &#038; Millichap Releases Midyear 2025 Southeast Florida Self-Storage Investment Outlook Report"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\n<img class=\"aligncenter\" src=\"https:\/\/www.marcusmillichap.com\/-\/media\/Images\/MM\/MM%20News%20and%20Events\/Shared\/Press\/2025\/MarcusMillichap-PRLogo.jpg?rev=d84224bf5d1846d4a3a310f225395850\" alt=\"Marcus &amp; Millichap Announces Senior Management Reorganization to Maximize  Growth Opportunities\" \/><\/p>\n<p><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Marcus &amp; Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has published its midyear 2025 Southeast Florida Self-Storage Investment Outlook.<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #222222;\">\u201c<span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">Southeast Florida\u2019s self-storage sector continues to benefit from robust in-migration and resilient demand, even as the pace of growth moderates,\u201d said Harrison Rein, vice president \/ regional manager of Marcus &amp; Millichap\u2019s Fort Lauderdale office. \u201cVacancy remains below pre-pandemic levels, and despite elevated construction, pricing power is supported by tight housing conditions and population expansion.\u201d<\/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;\">Marcus &amp; Millichap\u2019s Midyear Southeast Florida Self-Storage Investment Outlook provides investors with vital insight and analysis on the current state of the self-storage market, including:<\/span><\/span><\/span><\/p>\n<ul>\n<li><span style=\"color: #222222;\"><span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">The region is projected to add 75,400 residents in 2025, led by West Palm Beach with approximately 33,000 new arrivals. Although slightly slower than the prior three years, this sustained in-migration continues to bolster self-storage demand<\/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;\">Roughly 1.85 million square feet of self-storage space is expected to be delivered in 2025, growing inventory by 3.5 per cent. Most construction is focused in Miami-Dade, which accounts for 60 per cent of this year\u2019s pipeline<\/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;\">Southeast Florida\u2019s self-storage vacancy rate stands at 6.2 per cent, reflecting a continued downward trend and holding below pre-pandemic norms despite ongoing construction activity<\/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;\">The average marketed rent stands at $1.53 per square foot, a modest 1.1 per cent reduction amid elevated supply. Despite the dip, Southeast Florida retains the highest self-storage rents in the Southeastern U.S.<\/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;\">Miami is projected to add 20,000 jobs this year\u2014its slowest pace since the pandemic\u2014while Fort Lauderdale is on track to gain 9,000 positions, matching last year\u2019s total. Growth remains driven by education, health services, hospitality, manufacturing, and construction<\/span><\/span><\/span><\/li>\n<\/ul>\n<p><span style=\"color: #222222;\">\u201c<span style=\"font-family: Lato, Helvetica Neue, Arial, Helvetica, sans-serif;\"><span style=\"font-size: medium;\">With limited land availability, persistent in-migration and strong rent benchmarks, Southeast Florida continues to offer long-term value for investors,\u201d added Rein.<\/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;\">Access the full report <a href=\"https:\/\/www.marcusmillichap.com\/research\/market-report\/multiple-markets\/2025\/2025-us-self-storage-investment-outlook\" target=\"_blank\" rel=\"noopener noreferrer\"><u><b>here<\/b><\/u><\/a>.<\/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: large;\"><b>About Marcus &amp; Millichap, Inc. (NYSE: MMI)<\/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;\">Marcus &amp; Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus &amp; Millichap closed 7,836 transactions with a sales volume of approximately $49.6 billion in 2024. The company had 1,712 investment sales and financing professionals in more than 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate at year-end.<\/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;\">For additional information, please visit\u202f<span style=\"text-decoration: underline;\"><strong><a href=\"http:\/\/www.MarcusMillichap.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.MarcusMillichap.com<\/a><\/strong><\/span><\/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;\"><span style=\"text-decoration: underline;\"><strong>Source<\/strong><\/span>: Camila Madera, Public Relations Specialist in Marcus &amp; Millichap<\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marcus &amp; Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has published its midyear 2025 Southeast Florida Self-Storage Investment Outlook. \u201cSoutheast Florida\u2019s self-storage sector continues to benefit from robust in-migration and resilient demand, even as the pace of growth moderates,\u201d said Harrison Rein, vice president \/ regional manager of Marcus &amp; Millichap\u2019s Fort Lauderdale office. \u201cVacancy remains below pre-pandemic levels, and despite elevated construction, pricing power is supported by tight housing conditions and population expansion.\u201d Marcus &amp; Millichap\u2019s Midyear&hellip;<\/p>\n","protected":false},"author":13,"featured_media":9556,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[56],"tags":[],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/9555"}],"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=9555"}],"version-history":[{"count":1,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/9555\/revisions"}],"predecessor-version":[{"id":9557,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/posts\/9555\/revisions\/9557"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media\/9556"}],"wp:attachment":[{"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/media?parent=9555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/categories?post=9555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/listselfstorage.com\/us\/industry-insights\/wp-json\/wp\/v2\/tags?post=9555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}