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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
37
%
Change
Absolute
Change
%
Change
Absolute
Change
%
Change
Absolute
Change
Atlanta-Sandy Springs-Marietta, GA MSA
$0.6321
-5.57% -$0.04 2.28% $0.01 0.56% $0.00
Austin-Round Rock, TXMSA
$0.7082
-8.56% -$0.07 4.90% $0.03 1.11% $0.01
Baltimore-Towson, MD MSA
$0.9327
-3.86% -$0.04 -2.20% -$0.02 -0.55% -$0.01
Birmingham-Hoover, AL MSA
$0.5854
-6.65% -$0.04 0.03% $0.00 0.01% $0.00
Boston-Cambridge-Quincy, MA-NH MSA
$0.9928
0.49% $0.00 18.11% $0.15 4.24% $0.04
Buffalo-Cheektowaga-Tonawanda, NY MSA
$0.7097
-8.80% -$0.07 7.48% $0.05 1.69% $0.01
Charlotte-Gastonia-Concord, NC-SC MSA
$0.6328
1.70% $0.01 -0.05% $0.00 -0.01% $0.00
Chicago-Naperville-Joliet, IL-IN-WI MSA
$0.7002
6.79% $0.04 8.26% $0.05 2.01% $0.01
Cincinnati-Middletown, OH-KY-IN MSA
$0.6552
5.63% $0.03 9.68% $0.06 2.28% $0.01
Cleveland-Elyria-Mentor, OH MSA
$0.6848
0.56% $0.00 11.37% $0.07 2.72% $0.02
Columbus, OH MSA
$0.5946
-7.40% -$0.05 4.30% $0.02 1.03% $0.01
Dallas-Fort Worth-Arlington, TXMSA
$0.7304
1.71% $0.01 18.44% $0.11 4.32% $0.03
Denver-Aurora, CO MSA
$0.9228
-6.18% -$0.06 -2.19% -$0.02 -0.53% -$0.01
Detroit-Warren-Livonia, MI MSA
$0.6714
-3.34% -$0.02 7.67% $0.05 1.83% $0.01
Hartford-West Hartford-East Hartford, CT MSA
$0.7973
-1.64% -$0.01 -0.54% $0.00 -0.14% $0.00
Houston-Baytown-Sugar Land, TXMSA
$0.7319
3.04% $0.02 21.44% $0.13 4.62% $0.03
Indianapolis, IN MSA
$0.5674
1.03% $0.01 9.39% $0.05 2.25% $0.01
Jacksonville, FL MSA
$0.6890
3.97% $0.03 16.27% $0.10 3.85% $0.02
Kansas City, MO-KS MSA
$0.6907
-2.47% -$0.02 14.07% $0.09 3.10% $0.02
Las Vegas-Paradise, NV MSA
$0.7359
13.16% $0.09 14.39% $0.09 3.55% $0.02
Los Angeles-Long Beach-Santa Ana, CA MSA
$1.4511
27.46% $0.31 31.02% $0.34 7.80% $0.09
Louisville, KY-IN MSA
$0.6308
-8.01% -$0.05 3.12% $0.02 0.74% $0.00
Memphis, TN-MS-AR MSA
$0.6612
11.75% $0.07 23.84% $0.13 5.55% $0.03
Miami-Fort Lauderdale-Miami Beach, FL MSA
$1.0525
0.80% $0.01 1.06% $0.01 0.27% $0.00
Milwaukee-Waukesha-West Allis, WI MSA
$0.6926
1.81% $0.01 3.42% $0.02 0.86% $0.01
Minneapolis-St. Paul-Bloomington, MN-WI MSA
$0.7229
11.58% $0.08 16.94% $0.10 4.10% $0.03
Nashville-Davidson-Murfreesboro, TN MSA
$0.7457
7.34% $0.05 14.30% $0.09 3.50% $0.02
New Orleans-Metairie-Kenner, LA MSA
$0.6569
-1.10% -$0.01 -0.96% -$0.01 -0.24% $0.00
New York-Newark-Edison, NY-NJ-PA MSA
$1.1606
5.33% $0.06 10.53% $0.11 2.51% $0.03
Oklahoma City, OK MSA
$0.5299
-4.49% -$0.02 -1.32% -$0.01 -0.33% $0.00
Orlando, FL MSA
$0.7176
12.53% $0.08 18.30% $0.11 4.36% $0.03
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA
$0.8919
2.82% $0.02 5.26% $0.04 1.32% $0.01
Phoenix-Mesa-Scottsdale, AZ MSA
$0.7345
9.14% $0.06 9.73% $0.07 2.46% $0.02
Pittsburgh, PA MSA
$0.6819
5.36% $0.03 10.70% $0.07 2.58% $0.02
Portland-Vancouver-Beaverton, OR-WA MSA
$0.9574
-2.91% -$0.03 7.27% $0.06 1.76% $0.02
Providence-New Bedford-Fall River, RI-MA MSA
$0.9610
9.30% $0.08 15.06% $0.13 3.50% $0.03
Richmond, VA MSA
$0.7383
3.27% $0.02 13.11% $0.09 3.10% $0.02
Riverside-San Bernardino-Ontario, CA MSA
$0.8812
16.67% $0.13 30.63% $0.21 7.16% $0.05
Rochester, NY MSA
$0.6427
-6.99% -$0.05 3.71% $0.02 0.88% $0.01
Sacramento-Arden-Arcade-Roseville, CA MSA
$0.8570
2.87% $0.02 6.55% $0.05 1.61% $0.01
Salt Lake City, UT MSA
$0.7444
11.24% $0.08 13.86% $0.09 3.33% $0.02
San Antonio, TXMSA
$0.6850
4.12% $0.03 20.43% $0.12 4.80% $0.03
San Diego-Carlsbad-San Marcos, CA MSA
$1.2494
11.71% $0.13 15.74% $0.17 3.89% $0.04
San Francisco-Oakland-Fremont, CA MSA
$1.6068
28.24% $0.35 37.38% $0.44 8.58% $0.11
San Jose-Sunnyvale-Santa Clara, CA MSA
$1.3470
5.23% $0.07 -0.71% -$0.01 -0.18% $0.00
Seattle-Tacoma-Bellevue, WA MSA
$1.0606
27.05% $0.23 24.41% $0.21 6.16% $0.05
St. Louis, MO-IL MSA
$0.6068
-0.02% $0.00 13.55% $0.07 3.21% $0.02
Tampa-St. Petersburg-Clearwater, FL MSA
$0.8980
10.43% $0.08 19.85% $0.15 4.81% $0.04
Virginia Beach-Norfolk-Newport News, VA-NC MSA
$0.6637
-15.24% -$0.12 -2.01% -$0.01 -0.47% $0.00
Washington-Arlington-Alexandria, DC-VA-MD-WV MSA
$1.0780
-8.53% -$0.10 -3.01% -$0.03 -0.72% -$0.01
Annual
Top 50 MSAs
Quarterly
Seasonal
Rent Per
Available
Sq.Ft.1Q17
Median Rent per Available Square Foot
Rent per Available Square Foot is calculated by deducting the cost of physical vacancy and the
effective cost of concessions from the median asking rental rate.