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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
20
South Region’s Divisional Performance Q2 17 vs. Q2 16
Southeast
Division
Southwest
Division
Nationwide
Southeast
vs.
Nationwide
Southwest
vs.
Nationwide
Asking Rental Rates
5.6%
4.7%
4.0%
1.6%
0.7%
Physical Occupancy
4.0%
4.0%
7.9%
-3.9%
-3.9%
Rent per Available SF
11.4%
9.5%
16.0%
-4.6%
-6.5%
Percent of Facilities Offering
Concessions
63.1%
49.1%
52.0%
11.1%
-2.9%
Effective Cost of
Concessions Factor
7.6%
7.9%
6.9%
0.7%
1.0%
Source: Cushman & Wakefield, Inc.
West Region’s Divisional Performance Q2 17 vs. Q2 16
Pacific
Division
Mountain
Division
Nationwide
Pacific
vs.
Nationwide
Mountain
vs.
Nationwide
Asking Rental Rates
14.1%
4.1%
4.0%
10.1%
0.1%
Physical Occupancy
14.0%
8.0%
7.9%
6.1%
0.1%
Rent per Available SF
37.1%
16.2%
16.0%
21.1%
0.2%
Percent of Facilities Offering
Concessions
49.5%
45.7%
52.0%
-2.5%
-6.3%
Effective Cost of
Concessions Factor
6.9%
7.0%
6.9%
0.0%
0.1%
Source: Cushman & Wakefield, Inc.