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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
28
Market Conditions
South Region
Sample Size
Total
Facilities
Sample
Size
%
Sample
Southeast
6,802 1,532 22.5%
Southwest
8,020 1,812 22.6%
South Region 14,822 3,344 22.6%
Rental Rate
Per Sq. Ft.
1Q16 1Q17
%
Change
Southeast
Median
$0.8700 $0.9500
9.2%
Average
$0.9369 $1.0112
7.9%
Southwest
Median
$0.8000 $0.8900 11.3%
Average
$0.8676 $0.9253
6.7%
South Region
Median
$0.8500 $0.9000
5.9%
Average
$0.8994 $0.9647
7.3%
Physical
Occupancy
1Q16 1Q17
Absolute
Change
Southeast
Median
82.1% 86.7% 4.6%
Average
84.4% 86.5% 2.1%
Southwest
Median
81.0% 87.4% 6.4%
Average
84.0% 85.9% 1.9%
South Region
Median
82.0% 87.3% 5.3%
Average
84.2% 86.2% 2.0%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
Southeast
Southwest South Region
Rental Rates
Median Average
83.00%
84.00%
85.00%
86.00%
87.00%
1Q15
1Q16
1Q17
Average
Physical Unit Occupancy
South Region
Southeast
Southwest