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Self Storage Performance Quarterly

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 ® 2016

Cushman & Wakefield | Valuation & Advisory

11

Storage Demand by Region

September, October, November 2016 vs. September, October, November 2015

East

Midwest

South

West

Total Rental Activity

3.3%

8.2%

10.1%

0.3%

Move-Ins

3.3%

9.8%

8.2%

-1.1%

Move-Outs

3.3%

6.7%

11.7%

1.5%

Source: Cushman & Wakefield, Inc.

Physical Occupancy by Region

November 2016 vs. November 2015 (Same Store Sample)

Nationwide

East

Midwest

South

West

Absolute Change

-0.2%

-0.2%

0.9%

-0.2%

-1.4%

Source: Cushman & Wakefield, Inc.

Demand as Measured by Changes in Potential Gross Income by Region

November 2016 vs. November 2015 (Same Store Sample)

Nationwide East

Midwest

South

West

Potential Gross Income -0.1%

0.5% 2.7%

-0.6% -1.5%

Source: Cushman & Wakefield, Inc.