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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
28
Market Conditions
South Region
Sample Size
Total
Facilities
Sample
Size
%
Sample
Southeast
6,792 1,506 22.2%
Southwest
8,012 1,763 22.0%
South Region 14,804 3,269 22.1%
Rental Rate
Per Sq. Ft.
4Q15 4Q16
%
Change
Southeast
Median
$0.8800 $0.9100
3.4%
Average
$0.9403 $0.9858
4.8%
Southwest
Median
$0.8000 $0.8800 10.0%
Average
$0.8693 $0.9253
6.4%
South Region
Median
$0.8500 $0.9000
5.9%
Average
$0.9019 $0.9531
5.7%
Physical
Occupancy
4Q15 4Q16
Absolute
Change
Southeast
Median
85.0% 83.0% -2.0%
Average
85.7% 84.4% -1.3%
Southwest
Median
83.0% 84.0% 1.0%
Average
84.2% 84.8% 0.6%
South Region
Median
85.0% 84.0% -1.0%
Average
84.9% 84.6% -0.3%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
Southeast
Southwest South Region
Rental Rates
Median Average
82.00%
83.00%
84.00%
85.00%
86.00%
87.00%
4Q14
4Q15
4Q16
Average
Physical Unit Occupancy
Southeast
Southwest
South Region