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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
31
Market Conditions
West Region
Sample Size
Total
Facilities
Sample
Size
%
Sample
Mountain
4,426
698 15.8%
Pacific
6,257 1,902 30.4%
West Region 10,683 2,600 24.3%
Rental Rate
Per Sq. Ft.
4Q15 4Q16
%
Change
Mountain
Median
$0.9400 $0.9800
4.3%
Average
$1.0056 $1.0339
2.8%
Pacific
Median
$1.3000 $1.3500
3.8%
Average
$1.3782 $1.4119
2.4%
West Region
Median
$1.2000 $1.2500
4.2%
Average
$1.2238 $1.2553
2.6%
Physical
Occupancy
4Q15 4Q16
Absolute
Change
Mountain
Median
85.0% 82.0% -3.0%
Average
85.0% 83.9% -1.1%
Pacific
Median
82.0% 82.0% 0.0%
Average
84.0% 83.3% -0.7%
West Region
Median
82.0% 82.0% 0.0%
Average
84.4% 83.5% -0.9%
0.00%
2.00%
4.00%
6.00%
8.00%
Mountain Pacific West Region
Rental Rates
Median Average
82.00%
83.00%
84.00%
85.00%
86.00%
87.00%
4Q14
4Q15
4Q16
Average
Physical Unit Occupancy
Mountain
Pacific
West Region