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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 ® 2017

Cushman & Wakefield | Valuation & Advisory

14

Quarterly Seasonal Annual

Various Specials

66.44% 54.04% 50.78% 32.56% 39.79% 7.23% -26.65% -6.66%

1/2 Off 1st Month

8.30% 8.82% 8.52% 12.10% 11.12% -0.98% 2.82% 0.70%

$1.00 Move-In

5.39% 6.93% 5.75% 6.25% 5.33% -0.92% -0.06% -0.02%

1st Month Free

3.32% 1.05% 0.63% 2.96% 3.20% 0.24% -0.12% -0.03%

1 Month Free

1.16% 0.89% 1.47% 1.70% 2.30% 0.60% 1.14% 0.29%

1 Month Free w/ One-way

1.17% 0.84% 0.76% 1.65% 2.20% 0.55% 1.03% 0.26%

1/2 Month Free

1.43% 1.76% 2.83% 5.93% 1.15% -4.78% -0.28% -0.07%

1/2 Off 1st 2 Months

0.05% 0.22% 0.02% 0.18% 0.98% 0.80% 0.93% 0.23%

1/2 Off 2nd Month

0.05% 0.04% 2.21% 0.55% 0.64% 0.09% 0.59% 0.15%

2nd Month Free

0.05% 0.05% 0.33% 0.29% 0.46% 0.17% 0.41% 0.10%

Other Concessions

0.72% 2.08% 0.91% 1.05% 2.86% 1.81% 2.14% 0.53%

None

11.92% 23.28% 25.79% 34.78% 29.97% -4.81% 18.05% 4.51%

Total

100.0% 100.0% 100.0% 100.0% 100.00%

Absolute Change (%)

Type of Rent

Concession

1Q16 2Q16 3Q16 4Q16 1Q17

SSDS CONCESSION INDEX

Trends in Ten Most Popular Concessions

PERCENT OF FACILITIES OFFERING EACH TYPE

115.8

80

85

90

95

100

105

110

115

120

125

Index

Base: 4th Quarter 2003 = 100

Self Storge Concession Index