Self Storage Performance Quarterly 1Q17

Self Storage Performance Quarterly

Market Conditions South Region Sample Size Total Facilities

Sample Size

% Sample

Southeast Southwest

6,802 1,532 22.5%

8,020 1,812 22.6% South Region 14,822 3,344 22.6%

Rental Rate Per Sq. Ft.

% Change

1Q16 1Q17

Rental Rates

Southeast Median

0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00%

$0.8700 $0.9500 $0.9369 $1.0112

9.2% 7.9%

Average

Southwest Median

$0.8000 $0.8900 11.3%

Average

$0.8676 $0.9253

6.7%

South Region Median

Southeast

Southwest South Region

$0.8500 $0.9000 $0.8994 $0.9647

5.9% 7.3%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

1Q16 1Q17

Southeast Median

83.00% 84.00% 85.00% 86.00% 87.00%

82.1% 86.7% 4.6% 84.4% 86.5% 2.1%

Average

Southwest Median

81.0% 87.4% 6.4% 84.0% 85.9% 1.9%

Average

South Region Median

1Q15

1Q16

1Q17

82.0% 87.3% 5.3% 84.2% 86.2% 2.0%

South Region

Southeast

Southwest

Average

Source: Cushman & Wakefield, Inc. The Self Storage Performance Quarterly , a publication of Cushman & Wakefield, Inc., is intended solely for use by paid subscribers. Reproduction or distribution in whole or part without written permission is prohibited and subject to legal action. Copyright ® 2017

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