27 / 59
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
22
Market Conditions
East Region
Sample Size
Total
Facilities
Sample
Size
%
Sample
Mideast
Division
4,995
868
17.4%
Northeast
Division
5,191
1,165
22.4%
East Region
10,186
2,033
20.0%
Rental Rate
Per Sq. Ft.
2Q16
2Q17
%
Change
Mideast Division
Median
$1.0500 $1.0900
3.8%
Average
$1.1177 $1.1392
1.9%
Northeast Division
Median
$1.1500 $1.1900
3.5%
Average
$1.2921 $1.3135
1.7%
East Region
Median
$1.1000 $1.1400
3.6%
Average
$1.2066 $1.2280
1.8%
Physical
Occupancy
2Q16
2Q17
Absolute
Change
Mideast Division
Median
83.0%
83.0%
0.0%
Average
85.2%
83.8%
-1.4%
Northeast Division
Median
85.0%
85.3%
0.3%
Average
84.7%
85.8%
1.1%
East Region
Median
84.3%
84.1%
-0.2%
Average
85.0%
84.8%
-0.2%
0.00%
2.00%
4.00%
6.00%
East Region Northeast
Mideast
Rental Rates
Median Average
82.00%
83.00%
84.00%
85.00%
86.00%
87.00%
2Q15
2Q16
2Q17
Average
Physical Unit Occupancy
East Region
Northeast
Mideast