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13 May, 2026
Analysis | Latest
Chattanooga Storage: The Road to Rate Recovery
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Written by James McLean

James McLean is the Head of Business Development at Radius+. James helps maintain external relationships with clients and assisting internally with the sales process. He also, manages internal data processes working alongside the operations team to ensure we are supporting high level data quality.

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This week the Radius+ team took a closer look at the Chattanooga, TN-GA CBSA.

2022: 2.3%

2023: 2.9%

2024: 6.8%

2025: 0%

2026: 0%

Chattanooga experienced massive supply growth in 2024, overwhelming demand in the near term. Its central geographic location has made it an important logistics and transportation hub, while a robust manufacturing sector supports job and population growth. However, low barriers to entry have resulted in excessive development. The market will need time for the new facilities to stabilize before rental rates can recover to historical norms.  However, with no new deliveries since 2024 we are starting to see rates begin to creep back up.