Self Storage Performance Quarterly Q2 2016

Self Storage Performance Quarterly

Market Conditions East Region Sample Size Total Facilities

Sample Size

% Sample

Mideast Division

4,942

875 17.7%

Northeast Division

5,127 1,274 24.8%

East Region

10,069 2,149 21.3%

Rental Rate Per Sq. Ft.

% Change

Rental Rates

2Q15 2Q16

Mideast Division Median

8.00%

$1.0000 $1.0500 $1.0631 $1.1177

5.0% 5.1%

6.00%

Average

4.00%

Northeast Division Median

$1.0900 $1.1500 $1.2265 $1.2921

5.5% 5.3%

2.00%

Average

0.00%

East Region Median

East Region Northeast

Mideast

$1.0500 $1.1000 $1.1463 $1.2065

4.8% 5.3%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

2Q15 2Q16

Mideast Division Median

82.00% 83.00% 84.00% 85.00% 86.00% 87.00%

82.0% 83.0% 1.0% 83.4% 85.2% 1.8%

Average

Northeast Division Median

84.6% 85.0% 0.4% 84.2% 84.7% 0.6%

Average

East Region Median

2Q14

2Q15

2Q16

83.0% 84.3% 1.3% 83.8% 85.0% 1.2%

East Region

Northeast

Mideast

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® 2016

Cushman & Wakefield | Valuation & Advisory

22