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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
31
Market Conditions
West Region
Sample Size
Total
Facilities
Sample
Size
%
Sample
Mountain
4,441
639
14.4%
Pacific
6,285
1,690
26.9%
West Region
10,726
2,329
21.7%
Rental Rate
Per Sq. Ft.
2Q16
2Q17
%
Change
Mountain
Median
$0.9700 $1.0098
4.1%
Average
$1.0435 $1.0920
4.6%
Pacific
Median
$1.3500 $1.5400
14.1%
Average
$1.4173 $1.5802
11.5%
West Region
Median
$1.2300 $1.3900
13.0%
Average
$1.2625 $1.3781
9.2%
Physical
Occupancy
2Q16
2Q17
Absolute
Change
Mountain
Median
82.0%
90.0%
8.0%
Average
84.3%
88.6%
4.3%
Pacific
Median
80.0%
94.0%
14.0%
Average
83.8%
91.5%
7.7%
West Region
Median
80.0%
93.0%
13.0%
Average
84.0%
90.3%
6.3%
0.00%
4.00%
8.00%
12.00%
16.00%
Mountain Pacific West Region
Rental Rates
Median Average
80.00%
83.00%
86.00%
89.00%
92.00%
2Q15
2Q16
2Q17
Average
Physical Unit Occupancy
Mountain
Pacific
West Region