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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

35

%

Change

Absolute

Change

%

Change

Absolute

Change

%

Change

Absolute

Change

Atlanta-Sandy Springs-Marietta, GA MSA

$ 0.8400 5.00% $0.04 3.70% $0.03 0.93% $0.01

Austin-Round Rock, TXMSA

$ 0.9900 0.00% $0.00 10.00% $0.09 2.38% $0.02

Baltimore-Towson, MD MSA

$ 1.3500 0.00% $0.00 3.85% $0.05 0.95% $0.01

Birmingham-Hoover, AL MSA

$ 0.8000 0.00% $0.00 6.67% $0.05 1.61% $0.01

Boston-Cambridge-Quincy, MA-NH MSA

$ 1.2584 4.87% $0.06 9.43% $0.11 2.29% $0.03

Buffalo-Cheektowaga-Tonawanda, NY MSA

$ 0.9900 0.00% $0.00 10.00% $0.09 2.41% $0.02

Charlotte-Gastonia-Concord, NC-SC MSA

$ 0.8000 0.00% $0.00 0.00% $0.00 0.00% $0.00

Chicago-Naperville-Joliet, IL-IN-WI MSA

$ 0.9000 0.00% $0.00 5.88% $0.05 1.39% $0.01

Cincinnati-Middletown, OH-KY-IN MSA

$ 0.8300 -7.78% -$0.07 5.06% $0.04 1.20% $0.01

Cleveland-Elyria-Mentor, OH MSA

$ 0.8800 3.53% $0.03 10.00% $0.08 2.40% $0.02

Columbus, OH MSA

$ 0.8100 6.58% $0.05 8.00% $0.06 1.99% $0.02

Dallas-Fort Worth-Arlington, TXMSA

$ 0.9000 12.50% $0.10 12.50% $0.10 3.13% $0.03

Denver-Aurora, CO MSA

$ 1.2600 -3.82% -$0.05 0.80% $0.01 0.19% $0.00

Detroit-Warren-Livonia, MI MSA

$ 0.9000 0.00% $0.00 5.88% $0.05 1.45% $0.01

Hartford-West Hartford-East Hartford, CT MSA

$ 1.0300 -7.21% -$0.08 3.01% $0.03 0.73% $0.01

Houston-Baytown-Sugar Land, TXMSA

$ 0.8700 -3.33% -$0.03 2.35% $0.02 0.58% $0.01

Indianapolis, IN MSA

$ 0.7500 0.00% $0.00 5.63% $0.04 1.36% $0.01

Jacksonville, FL MSA

$ 0.8800 -2.22% -$0.02 10.00% $0.08 2.40% $0.02

Kansas City, MO-KS MSA

$ 0.9500 3.26% $0.03 18.75% $0.15 4.32% $0.04

Las Vegas-Paradise, NV MSA

$ 0.8700 -1.14% -$0.01 2.41% $0.02 0.59% $0.01

Los Angeles-Long Beach-Santa Ana, CA MSA

$ 1.5000 0.00% $0.00 0.00% $0.00 0.00% $0.00

Louisville, KY-IN MSA

$ 0.9000 0.00% $0.00 5.88% $0.05 1.45% $0.01

Memphis, TN-MS-AR MSA

$ 0.8000 1.27% $0.01 6.67% $0.05 1.63% $0.01

Miami-Fort Lauderdale-Miami Beach, FL MSA

$ 1.3200 -0.75% -$0.01 1.54% $0.02 0.37% $0.01

Milwaukee-Waukesha-West Allis, WI MSA

$ 0.9000 0.00% $0.00 0.00% $0.00 0.00% $0.00

Minneapolis-St. Paul-Bloomington, MN-WI MSA

$ 0.8500 0.00% $0.00 -4.49% -$0.04 -1.16% -$0.01

Nashville-Davidson-Murfreesboro, TN MSA

$ 0.9200 2.22% $0.02 15.00% $0.12 3.42% $0.03

New Orleans-Metairie-Kenner, LA MSA

$ 0.9000 0.00% $0.00 0.05% $0.04 0.01% $0.01

New York-Newark-Edison, NY-NJ-PA MSA

$ 1.4500 -3.33% -$0.05 0.00% $0.00 0.00% $0.00

Oklahoma City, OK MSA

$ 0.7500 -1.32% -$0.01 5.63% $0.04 1.35% $0.01

Orlando, FL MSA

$ 0.8800 -6.38% -$0.06 3.53% $0.03 0.86% $0.01

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA

$ 1.1100 0.91% $0.01 0.91% $0.01 0.23% $0.00

Phoenix-Mesa-Scottsdale, AZ MSA

$ 0.9000 0.00% $0.00 0.00% $0.00 0.00% $0.00

Pittsburgh, PA MSA

$ 0.8500 0.00% $0.00 8.97% $0.07 2.11% $0.02

Portland-Vancouver-Beaverton, OR-WA MSA

$ 1.3600 13.33% $0.16 18.26% $0.21 4.38% $0.05

Providence-New Bedford-Fall River, RI-MA MSA

$ 1.1700 -6.47% -$0.08 0.00% $0.00 0.00% $0.00

Richmond, VA MSA

$ 0.9900 2.06% $0.02 10.00% $0.09 2.41% $0.02

Riverside-San Bernardino-Ontario, CA MSA

$ 1.0260 2.60% $0.03 8.00% $0.08 1.95% $0.02

Rochester, NY MSA

$ 0.8600 4.88% $0.04 7.50% $0.06 1.85% $0.02

Sacramento-Arden-Arcade-Roseville, CA MSA

$ 1.1000 1.85% $0.02 6.80% $0.07 1.64% $0.02

Salt Lake City, UT MSA

$ 0.9200 1.10% $0.01 4.55% $0.04 1.11% $0.01

San Antonio, TXMSA

$ 0.8500 6.25% $0.05 6.25% $0.05 1.56% $0.01

San Diego-Carlsbad-San Marcos, CA MSA

$ 1.5000 0.00% $0.00 0.03% $0.00 0.01% $0.00

San Francisco-Oakland-Fremont, CA MSA

$ 1.7500 -5.41% -$0.10 9.37% $0.15 2.16% $0.04

San Jose-Sunnyvale-Santa Clara, CA MSA

$ 1.6000 -11.11% -$0.20 -5.88% -$0.10 -1.41% -$0.02

Seattle-Tacoma-Bellevue, WA MSA

$ 1.1500 0.00% $0.00 0.00% $0.00 0.00% $0.00

St. Louis, MO-IL MSA

$ 0.7700 2.67% $0.02 1.32% $0.01 0.33% $0.00

Tampa-St. Petersburg-Clearwater, FL MSA

$ 1.0300 0.98% $0.01 8.42% $0.08 2.06% $0.02

Virginia Beach-Norfolk-Newport News, VA-NC MSA

$ 0.9600 0.00% $0.00 6.67% $0.06 1.60% $0.02

Washington-Arlington-Alexandria, DC-VA-MD-WV MSA

$ 1.4500 -3.97% -$0.06 2.11% $0.03 0.51% $0.01

Annual

Top 50 MSAs

Quarterly

Seasonal

Rental

Rates

4Q16

Median Asking Rental Rates per Square Foot

Median Asking Rental Rates per Square Foot are based upon the asking rent for a 100-square-foot,

ground level, non-climate-controlled unit.