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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
2
Section I – Executive Summary
Performance At-a-Glance
SECOND QUARTER 2017
(BENCHMARK GROUND LEVEL 10X10 NON-CLIMATE-CONTROLLED-UNITS)
Nationwide
Quarterly
2Q17 vs. 1Q17
Seasonal
2Q17 vs. 2Q16
Annual
Current Four Quarters
vs. Preceding Four
Quarters
(1)
Asking Rental Rate
Up
3.0%
Up
4.0%
Up
1.0%
Physical Occupancy Rate
Up
3.4%
Up
7.9%
Up
2.0%
Rent Per Available
Sq. Ft. (Rental Income)
Up
8.3%
Up
16.0%
Up
3.9%
REITs
Quarterly
2Q17 vs. 1Q17
Seasonal
2Q17 vs. 2Q16
Annual
Current Four Quarters
vs. Preceding Four
Quarters
(1)
Asking Rental Rate
Up
2.5%
Down
-0.8%
Down
-0.2%
Physical Occupancy Rate
Up
0.3%
Down
-1.0%
Down
-0.2%
Rent Per Available
Sq. Ft. (Rental Income)
Up
6.7%
Up
2.0%
Up
0.5%
Note: (1) The Annual changes reflect the percent change in the moving average for the four quarters ended in the current quarter
relative to the four quarters ended in the previous quarter