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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
2
Section I – Executive Summary
Performance At-a-Glance
FOURTH QUARTER 2016
(BENCHMARK GROUND LEVEL 10X10 NON-CLIMATE-CONTROLLED-UNITS)
Nationwide
Quarterly
4Q16 vs. 3Q16
Seasonal
4Q16 vs. 4Q15
Annual
Current Four Quarters
vs. Preceding Four
Quarters
(1)
Asking Rental Rate
No Change
0.0%
Up
5.3%
Up
1.3%
Physical Occupancy Rate
Up
1.7%
Down
-0.3%
Down
-0.1%
Rent Per Available
Sq. Ft. (Rental Income)
Up
2.7%
Up
7.0%
Up
1.7%
REITs
Quarterly
4Q16 vs. 3Q16
Seasonal
4Q16 vs. 4Q15
Annual
Current Four Quarters
vs. Preceding Four
Quarters
(1)
Asking Rental Rate
Down
-6.4%
Down
-1.7%
Down
-0.4%
Physical Occupancy Rate
Down
-1.8%
Down
-0.6%
Down
-0.2%
Rent Per Available
Sq. Ft. (Rental Income)
Down
-8.8%
Down
-2.0%
Down
-0.5%
Note: (1) The Annual changes reflect the percent change in the moving average for the four quarters ended in the current quarter
relative to the four quarters ended in the previous quarter