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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

11

Storage Demand by Region

March, April, May 2017 vs. March, April, May 2016 (Same Store Sample)

East

Midwest

South

West

Total Rental Activity

4.6%

-21.7%

-4.3%

-16.3%

Move-Ins

4.3%

-21.8%

-5.9%

-16.4%

Move-Outs

4.8%

-21.6%

-2.4%

-16.3%

Source: Cushman & Wakefield, Inc.

Physical Occupancy by Region

May 2017 vs. May 2016 (Same Store Sample)

Nationwide

East

Midwest

South

West

Absolute Change

-0.5%

-0.1%

2.4%

-1.3%

0.3%

Source: Cushman & Wakefield, Inc.

Demand as Measured by Changes in Potential Gross Income by Region

May 2017 vs. May 2016 (Same Store Sample)

Nationwide

East

Midwest

South

West

Potential Gross Income

-5.6%

-4.4%

-3.3%

-6.7%

-5.3%

Source: Cushman & Wakefield, Inc.