Self Storage Performance Quarterly Q1 2018
Self Storage Performance Quarterly
Market Conditions Midwest Region Sample Size Total Facilities
Sample Size
% Sample
East North Central West North Central
7,156 1,349 18.9%
3,659
418 11.4%
Midwest Region
10,815 1,767 16.3%
Rental Rate Per Sq. Ft.
% Change
Rental Rates
1Q17 1Q18
Midwest Region
East North Central
West North Central
East North Central Median
2.00%
$0.8800 $0.8500 $0.9236 $0.8939
-3.4% -3.2%
Average
0.00%
West North Central Median
-2.00%
$0.9400 $0.9000 $0.9638 $0.9373
-4.3% -2.8%
Average
-4.00%
Midwest Region Median
-6.00%
$0.8900 $0.8700 $0.9373 $0.9086
-2.2% -3.1%
Median Average
Average
Physical Occupancy
Absolute Change
Average Physical Unit Occupancy
1Q17 1Q18
East North Central Median
78.00% 80.00% 82.00% 84.00% 86.00% 88.00% 90.00% 92.00%
82.0% 90.0% 8.0% 83.5% 88.5% 5.0%
Average
West North Central Median
84.0% 90.3% 6.3% 84.4% 90.1% 5.7%
Average
Midwest Region Median
1Q16
1Q17
1Q18
82.0% 90.0% 8.0% 83.8% 89.0% 5.2%
Midwest Region
ENC WNC
Average
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® 2018.
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