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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
31
Market Conditions
West Region
Sample Size
Total
Facilities
Sample
Size
%
Sample
Mountain
4,427
698 15.8%
Pacific
6,269 1,910 30.5%
West Region 10,696 2,608 24.4%
Rental Rate
Per Sq. Ft.
1Q16 1Q17
%
Change
Mountain
Median
$0.9500 $0.9900
4.2%
Average
$1.0144 $1.0366
2.2%
Pacific
Median
$1.3000 $1.4500 11.5%
Average
$1.3844 $1.5084
9.0%
West Region
Median
$1.2000 $1.3000
8.3%
Average
$1.2313 $1.3132
6.7%
Physical
Occupancy
1Q16 1Q17
Absolute
Change
Mountain
Median
85.0% 88.4% 3.4%
Average
84.7% 87.6% 3.0%
Pacific
Median
80.0% 92.0% 12.2%
Average
83.4% 90.6% 7.2%
West Region
Median
80.0% 91.4% 11.4%
Average
83.9% 89.4% 5.4%
0.00%
2.00%
4.00%
6.00%
8.00%
10.00%
12.00%
Mountain Pacific West Region
Rental Rates
Median Average
82.00%
84.00%
86.00%
88.00%
90.00%
92.00%
1Q15
1Q16
1Q17
Average
Physical Unit Occupancy
Mountain
Pacific
West Region