Radius logo
13 Jun, 2023
Analysis | Latest
Texas 2022 Development Deep Dive
Avatar photo

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.

View all posts

Texas is a Self Storage hotspot, and with the state’s growing population it is important to see how much supply growth has grown within the top 10 markets in 2022.

chart supply growth for 2022 of top 10 markets in Texas

Killeen-Temple seemed to have a strong year for adding new supply outpacing the other markets in the top 10. Corpus Christi seemed to be lagging in opening any new facilities in 2022, but this seems to be reversing as in 2023 they have already added .9% of new supply so far.