2 / 61
2020 Main Street, Suite 1000
Irvine, CA 92614
Tel
+1 626 304 2920
Fax
+1 626 304 2921
cushmanwakefield.comSource: 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
i
0.80
0.90
1.00
1.10
1.20
1.30
1.40
1.50
1.60
National
Actual Rent Per SQFT (10x10 Analysis)
Climate Ground
Climate - Upper Level
Non-Climate Ground
Non-Climate - Upper Level
April 2017
Dear Subscriber,
Gains continue in rental income and asking
rents Nationwide, as physical occupancy
increase, which is expected in the first quarter
of the yearly cycle. The increase in rental
income is particularly important, because it
demonstrates revenue enhancement models
continue to raise rents on income in place
Nationwide. This can further be demonstrated
in the “National” graph of actual rent with
steady fourth quarter values.
Supply and demand metrics appear to be
moving. Construction starts decreased 46%
from last quarter, and was up 33% as of 1Q16.
According to F.W. Dodge, there have been
326 new starts the last four quarters (new
starts includes new construction and
alterations, additions, or renovations).