10 Feb, 2025
January Recap 2025

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.

With January behind us we can see how rental rate trends have moved from January 2024 compared to January 2025.

In January 2024 the average price per square ft for a 10×10 CC unit within the top 25 markets(when looking at REIT facilities only) was $1.15 in January 2025 the average price per square foot has dropped to $1.07 a 10.7% decrease YoY!