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4 Aug, 2026
Analysis | Latest
McAllen Storage Market Faces Supply Surge: Can Surging Population Growth Absorb the Boom?
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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 McAllen-Edinburg-Mission, TX CBSA. 

Historical Supply Growth in McAllen-Edinburg-Mission, TX CBSA:

2020: 4%

2021: 3.3%

2022: 5%

2023: 5.7%

2024: 13.3%

2025: 5%

2026: 0%

McAllen has seen tremendous supply growth from 2022 through 2025, with 13.5% new supply added in 2024 alone. Located in the Rio Grande Valley, the region is one of the fastest-growing metros in the country, with the population expected to double by 2045. Proximity to the border increases foot traffic, tourism, and baseline storage demand. Nevertheless, the timing and volume of new deliveries have dramatically suppressed rental rates. Given the metro’s population size, demand may take time to catch up to the rapid pace of recent construction.