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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
22
Market Conditions
East Region
Sample Size
Total
Facilities
Sample
Size
%
Sample
Mideast
Division
4,962
894 18.0%
Northeast
Division
5,152 1,257 24.4%
East Region
10,114 2,151 21.3%
Rental Rate
Per Sq. Ft.
1Q16 1Q17
%
Change
Mideast Division
Median
$1.0500 $1.0400
-1.0%
Average
$1.1091 $1.1043
-0.4%
Northeast Division
Median
$1.1000 $1.1500
4.5%
Average
$1.2568 $1.2808
1.9%
East Region
Median
$1.1000 $1.1000
0.0%
Average
$1.1844 $1.1942
0.8%
Physical
Occupancy
1Q16 1Q17
Absolute
Change
Mideast Division
Median
84.0% 82.2% -1.8%
Average
84.7% 83.8% -0.8%
Northeast Division
Median
82.0% 85.0% 3.0%
Average
83.8% 85.1% 1.3%
East Region
Median
82.5% 84.0% 1.5%
Average
84.2% 84.4% 0.2%
-2.00%
0.00%
2.00%
4.00%
6.00%
East Region Northeast
Mideast
Rental Rates
Median Average
82.00%
83.00%
84.00%
85.00%
86.00%
87.00%
1Q15
1Q16
1Q17
Average
Physical Unit Occupancy
East Region
Northeast
Mideast