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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
19
East Region’s Divisional Performance Q1 17 vs. Q1 16
Mideast
Division
Northeast
Division Nationwide
Mideast
vs.
Nationwide
Northeast
vs.
Nationwide
Asking Rental Rates
-1.0% 4.5% 5.3% -6.3% -0.8%
Physical Occupancy
-1.8% 3.0% 5.5% -7.3% -2.5%
Rent per Available SF
-1.5% 10.5% 14.5% -16.0% -4.0%
Percent of Facilities
Offering Concessions
66.2% 60.0% 70.1% -3.9% -10.1%
Effective Cost of
Concessions Factor
7.6% 6.9% 7.6% 0.0% -0.7%
Source: Cushman & Wakefield, Inc.
Midwest Region’s Divisional Performance Q1 17 vs. Q1 16
East North
Central
Division
West North
Central
Division
Nationwide
East North
Central
vs.
Nationwide
West North
Central
vs.
Nationwide
Asking Rental Rates
3.5% 10.6% 5.3% -1.8%
5.3%
Physical Occupancy
1.0%
0.1% 5.5% -4.5% -5.4%
Rent per Available SF
7.0% 12.1% 14.5% -7.5% -2.4%
Percent of Facilities Offering
Concessions
67.6% 73.4% 70.1% -2.5%
3.3%
Effective Cost of
Concessions Factor
6.8%
7.7%
7.6% -0.8%
0.1%
Source: Cushman & Wakefield, Inc.