While high brand value, strategic acquisitions, presence in key cities and a healthy balance sheet are key drivers for Public Storage (PSA), softening demand and high interest rates remain concerns.
The solid demand for Gladstone Commercial's (GOOD) properties helps it experience high occupancy and collection of 100% of the cash base rent through June.
Terreno Realty's (TRNO) Q2 operating results witness solid rent growth on new and renewed leases, though occupancy declines because of acquired vacancy.