Q1 2020 VA - Self Storage Performance Quarterly

Self Storage Performance Quarterly

PERFORMANCE BY REGION (1Q19 VS. 1Q20)

Asking Rental Rates

0.0%

0.0%

-1.0%

-2.0%

-1.9%

-3.0%

-3.4%

-4.0% % Change

-4.2%

-4.5%

-5.0%

-4.8%

-5.1%

-5.6%

-6.0%

East

MidWest

South

West

Median

Average

Physical Occupancy

1.6%

1.4%

1.4%

1.3%

1.2%

1.1%

1.0%

1.0%

1.0%

1.0%

0.8%

0.6% % Change

0.5%

0.4%

0.2%

0.0%

0.0%

East

MidWest

South

West

Median Average

Rent per Available Square Foot

1.0%

0.1%

0.0%

-1.0%

-2.0%

-1.7%

-3.0%

-2.8%

-4.0% % Change

-4.2%

-5.0%

-4.6%

-4.8%

-5.2%

-6.0%

-6.1%

-7.0%

East

MidWest

South

West

Median 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® 2020.

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