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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
25
Market Conditions
Midwest Region
Sample Size
Total
Facilities
Sample
Size
%
Sample
East North
Central
7,112 1,274 17.9%
West North
Central
3,686
361
9.8%
Midwest
Region
10,798 1,635 15.1%
Rental Rate
Per Sq. Ft.
4Q15 4Q16
%
Change
East North Central
Median
$0.8000 $0.8600
7.5%
Average
$0.8545 $0.9020
5.5%
West North Central
Median
$0.8500 $0.9000
5.9%
Average
$0.9040 $0.9430
4.3%
Midwest Region
Median
$0.8100 $0.8700
7.4%
Average
$0.8714 $0.9160
5.1%
Physical
Occupancy
4Q15 4Q16
Absolute
Change
East North Central
Median
81.0% 82.0% 1.0%
Average
83.1% 83.9% 0.8%
West North Central
Median
83.0% 83.0% 0.0%
Average
84.2% 84.0% -0.2%
Midwest Region
Median
81.0% 82.0% 1.0%
Average
83.5% 83.9% 0.4%
0.00%
2.00%
4.00%
6.00%
8.00%
Midwest
Region
East North
Central
West North
Central
Rental Rates
Median Average
82.00%
83.00%
84.00%
85.00%
86.00%
87.00%
4Q14
4Q15
4Q16
Average
Physical Unit Occupancy
Midwest Region
ENC WNC