42 / 61
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
37
%
Change
Absolute
Change
%
Change
Absolute
Change
%
Change
Absolute
Change
Atlanta-Sandy Springs-Marietta, GA MSA
$0.6694
6.75% $0.04 7.09% $0.04 1.77% $0.01
Austin-Round Rock, TXMSA
$0.7745
-1.51% -$0.01 20.36% $0.13 4.61% $0.03
Baltimore-Towson, MD MSA
$0.9701
-0.83% -$0.01 2.13% $0.02 0.53% $0.01
Birmingham-Hoover, AL MSA
$0.6271
5.06% $0.03 9.21% $0.05 2.29% $0.01
Boston-Cambridge-Quincy, MA-NH MSA
$0.9880
13.35% $0.12 17.72% $0.15 4.32% $0.04
Buffalo-Cheektowaga-Tonawanda, NY MSA
$0.7782
-0.60% $0.00 13.99% $0.10 3.38% $0.02
Charlotte-Gastonia-Concord, NC-SC MSA
$0.6222
-5.78% -$0.04 -2.35% -$0.02 -0.59% $0.00
Chicago-Naperville-Joliet, IL-IN-WI MSA
$0.6557
-0.44% $0.00 7.70% $0.05 1.80% $0.01
Cincinnati-Middletown, OH-KY-IN MSA
$0.6203
-5.27% -$0.03 1.84% $0.01 0.44% $0.00
Cleveland-Elyria-Mentor, OH MSA
$0.6810
3.50% $0.02 16.75% $0.10 3.95% $0.02
Columbus, OH MSA
$0.6421
8.37% $0.05 10.90% $0.06 2.73% $0.02
Dallas-Fort Worth-Arlington, TXMSA
$0.7181
13.53% $0.09 17.22% $0.11 4.17% $0.03
Denver-Aurora, CO MSA
$0.9836
-0.38% $0.00 1.00% $0.01 0.25% $0.00
Detroit-Warren-Livonia, MI MSA
$0.6946
5.07% $0.03 12.54% $0.08 3.05% $0.02
Hartford-West Hartford-East Hartford, CT MSA
$0.8106
0.50% $0.00 -2.65% -$0.02 -0.69% -$0.01
Houston-Baytown-Sugar Land, TXMSA
$0.7103
-3.75% -$0.03 9.53% $0.06 2.26% $0.02
Indianapolis, IN MSA
$0.5616
2.09% $0.01 2.95% $0.02 0.75% $0.00
Jacksonville, FL MSA
$0.6627
3.03% $0.02 13.40% $0.08 3.23% $0.02
Kansas City, MO-KS MSA
$0.7082
-1.47% -$0.01 17.68% $0.11 4.03% $0.03
Las Vegas-Paradise, NV MSA
$0.6503
-0.66% $0.00 -4.55% -$0.03 -1.17% -$0.01
Los Angeles-Long Beach-Santa Ana, CA MSA
$1.1385
6.40% $0.07 1.75% $0.02 0.45% $0.00
Louisville, KY-IN MSA
$0.6857
0.90% $0.01 9.91% $0.06 2.44% $0.02
Memphis, TN-MS-AR MSA
$0.5917
4.19% $0.02 -0.80% $0.00 -0.21% $0.00
Miami-Fort Lauderdale-Miami Beach, FL MSA
$1.0441
9.84% $0.09 9.54% $0.09 2.27% $0.02
Milwaukee-Waukesha-West Allis, WI MSA
$0.6803
3.25% $0.02 2.52% $0.02 0.63% $0.00
Minneapolis-St. Paul-Bloomington, MN-WI MSA
$0.6479
0.51% $0.00 -3.94% -$0.03 -1.03% -$0.01
Nashville-Davidson-Murfreesboro, TN MSA
$0.6947
4.69% $0.03 12.30% $0.08 2.94% $0.02
New Orleans-Metairie-Kenner, LA MSA
$0.6642
3.49% $0.02 6.80% $0.04 1.64% $0.01
New York-Newark-Edison, NY-NJ-PA MSA
$1.1019
-0.59% -$0.01 -0.22% $0.00 -0.05% $0.00
Oklahoma City, OK MSA
$0.5548
2.84% $0.02 6.06% $0.03 1.49% $0.01
Orlando, FL MSA
$0.6377
-4.72% -$0.03 2.24% $0.01 0.55% $0.00
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA
$0.8674
2.02% $0.02 3.66% $0.03 0.91% $0.01
Phoenix-Mesa-Scottsdale, AZ MSA
$0.6730
2.00% $0.01 0.06% $0.00 0.02% $0.00
Pittsburgh, PA MSA
$0.6472
-1.61% -$0.01 6.61% $0.04 1.59% $0.01
Portland-Vancouver-Beaverton, OR-WA MSA
$0.9861
10.14% $0.09 19.63% $0.16 4.60% $0.04
Providence-New Bedford-Fall River, RI-MA MSA
$0.8792
-7.40% -$0.07 -3.55% -$0.03 -0.89% -$0.01
Richmond, VA MSA
$0.7149
2.32% $0.02 7.26% $0.05 1.78% $0.01
Riverside-San Bernardino-Ontario, CA MSA
$0.7553
3.14% $0.02 11.58% $0.08 2.79% $0.02
Rochester, NY MSA
$0.6910
3.21% $0.02 13.80% $0.08 3.32% $0.02
Sacramento-Arden-Arcade-Roseville, CA MSA
$0.8331
1.17% $0.01 9.89% $0.08 2.34% $0.02
Salt Lake City, UT MSA
$0.6692
-5.95% -$0.04 5.45% $0.03 1.29% $0.01
San Antonio, TXMSA
$0.6579
10.11% $0.06 7.75% $0.05 1.99% $0.01
San Diego-Carlsbad-San Marcos, CA MSA
$1.1184
4.03% $0.04 -0.80% -$0.01 -0.21% $0.00
San Francisco-Oakland-Fremont, CA MSA
$1.2530
-6.42% -$0.09 6.60% $0.08 1.55% $0.02
San Jose-Sunnyvale-Santa Clara, CA MSA
$1.2801
-9.92% -$0.14 -0.45% -$0.01 -0.11% $0.00
Seattle-Tacoma-Bellevue, WA MSA
$0.8348
-2.27% -$0.02 0.86% $0.01 0.21% $0.00
St. Louis, MO-IL MSA
$0.6069
8.78% $0.05 7.70% $0.04 1.96% $0.01
Tampa-St. Petersburg-Clearwater, FL MSA
$0.8132
4.28% $0.03 8.20% $0.06 2.03% $0.02
Virginia Beach-Norfolk-Newport News, VA-NC MSA
$0.7830
7.96% $0.06 13.94% $0.10 3.41% $0.02
Washington-Arlington-Alexandria, DC-VA-MD-WV MSA
$1.1785
-1.75% -$0.02 3.65% $0.04 0.89% $0.01
Annual
Top 50 MSAs
Quarterly
Seasonal
Rent Per
Available
Sq.Ft. 4Q16
Median Rent per Available Square Foot
Rent per Available Square Foot is calculated by deducting the cost of physical vacancy and the
effective cost of concessions from the median asking rental rate.