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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
20
South Region’s Divisional Performance Q4 16 vs. Q4 15
Southeast
Division
Southwest
Division Nationwide
Southeast
vs.
Nationwide
Southwest
vs.
Nationwide
Asking Rental Rates
3.4% 10.0% 5.3% -1.9%
4.7%
Physical Occupancy
-2.0%
1.0% -0.2% -1.8%
1.2%
Rent per Available SF
3.2% 14.6% 7.0% -3.8%
7.6%
Percent of Facilities Offering
Concessions
64.1% 59.4% 65.2% -1.1% -5.8%
Effective Cost of
Concessions Factor
6.6%
6.2%
6.9% -0.3% -0.7%
Source: Cushman & Wakefield, Inc.
West Region’s Divisional Performance Q4 16 vs. Q4 15
Pacific
Division
Mountain
Division
Nationwide
Pacific
vs.
Nationwide
Mountain
vs.
Nationwide
Asking Rental Rates
3.8%
4.3% 5.3% -1.5% -1.0%
Physical Occupancy
0.0% -3.0% -0.2% 0.2% -2.8%
Rent per Available SF
5.8%
1.9% 7.0% -1.2% -5.1%
Percent of Facilities Offering
Concessions
74.0% 62.6% 65.2% 8.8% -2.6%
Effective Cost of
Concessions Factor
7.3%
7.3%
6.9% 0.4%
0.4%
Source: Cushman & Wakefield, Inc.