Q1 2020 VA - Self Storage Performance Quarterly

Self Storage Performance Quarterly

Storage Demand by Region Dec 2019, Jan, Feb 2020 vs. Dec 2018, Jan, Feb 2019 (Same Store Sample)

East

Midwest

South

West

Total Rental Activity

3.3%

21.5%

3.4%

9.0%

Move-Ins

5.5%

22.7%

2.5%

12.2%

Move-Outs

1.3%

20.5%

4.4%

6.1%

Source: Cushman & Wakefield, Inc.

Physical Occupancy by Region Feb 2020 vs. Feb 2019 (Same Store Sample)

Nationwide

East

Midwest

South

West

Absolute Change

-0.9%

-2.7%

-2.0%

-0.2%

1.2%

Source: Cushman & Wakefield, Inc.

Demand as Measured by Changes in Potential Gross Income by Region Feb 2020 vs. Feb 2019 (Same Store Sample)

Nationwide

East

Midwest

South

West

Potential Gross Income

-7.4%

-5.7%

-3.1%

-7.9%

-12.0%

Source: Cushman & Wakefield, Inc.

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® 2020.

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