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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
20
South Region’s Divisional Performance Q1 17 vs. Q1 16
Southeast
Division
Southwest
Division Nationwide
Southeast
vs.
Nationwide
Southwest
vs.
Nationwide
Asking Rental Rates
9.2% 11.3% 5.3% 3.9%
6.0%
Physical Occupancy
4.6%
6.4% 5.5% -0.9%
0.9%
Rent per Available SF
16.4% 22.5% 14.5% 1.9%
8.0%
Percent of Facilities Offering
Concessions
78.6% 65.5% 70.1% 8.5% -4.6%
Effective Cost of
Concessions Factor
7.9%
7.2%
7.6% 0.3% -0.4%
Source: Cushman & Wakefield, Inc.
West Region’s Divisional Performance Q1 17 vs. Q1 16
Pacific
Division
Mountain
Division
Nationwide
Pacific
vs.
Nationwide
Mountain
vs.
Nationwide
Asking Rental Rates
11.5%
4.2% 5.3% 6.2% -1.1%
Physical Occupancy
12.2%
3.4% 5.5% 6.7% -2.1%
Rent per Available SF
31.3%
9.7% 14.5% 16.8% -4.8%
Percent of Facilities Offering
Concessions
76.1% 72.6% 70.1% 6.0%
2.5%
Effective Cost of
Concessions Factor
8.2%
8.1%
7.6% 0.6%
0.5%
Source: Cushman & Wakefield, Inc.