33 / 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
28
Market Conditions
South Region
Sample Size
Total
Facilities
Sample
Size
%
Sample
Southeast
6,847
1,435
21.0%
Southwest
8,092
1,572
19.4%
South Region
14,939
3,007
20.1%
Rental Rate
Per Sq. Ft.
2Q16
2Q17
%
Change
Southeast
Median
$0.9000 $0.9500
5.6%
Average
$0.9697 $1.0071
3.9%
Southwest
Median
$0.8500 $0.8900
4.7%
Average
$0.9059 $0.9217
1.7%
South Region
Median
$0.8700 $0.9100
4.6%
Average
$0.9351 $0.9609
2.8%
Physical
Occupancy
2Q16
2Q17
Absolute
Change
Southeast
Median
82.0%
86.0%
4.0%
Average
84.5%
87.1%
2.6%
Southwest
Median
86.0%
90.0%
4.0%
Average
85.4%
88.4%
3.0%
South Region
Median
85.0%
89.2%
4.2%
Average
85.0%
87.8%
2.8%
0.00%
2.00%
4.00%
6.00%
8.00%
Southeast
Southwest South Region
Rental Rates
Median Average
83.00%
84.50%
86.00%
87.50%
89.00%
2Q15
2Q16
2Q17
Average
Physical Unit Occupancy
South Region
Southeast
Southwest