Q1 2020 VA - Self Storage Performance Quarterly
Self Storage Performance Quarterly
Section I – Executive Summary
Performance At-a-Glance
FIRST QUARTER 2020
(BENCHMARK GROUND LEVEL 10X10 NON-CLIMATE-CONTROLLED-UNITS)
Annual Current Four Quarters vs. Preceding Four Quarters (1)
Quarterly 1Q20 vs. 4Q19
Seasonal 1Q20 vs. 1Q19
Nationwide
Down -1.0%
Down -1.9%
Down -0.5%
Asking Rental Rate
Up 0.1%
Up 1.0%
Up 0.3%
Physical Occupancy Rate
Rent Per Available Sq. Ft. (Rental Income)
Down -1.2%
Down -1.7%
Down -0.4%
Annual Current Four Quarters vs. Preceding Four Quarters (1)
Quarterly 1Q20 vs. 4Q19
Seasonal 1Q20 vs. 1Q19
REITs
Down -3.9%
Down -10.8%
Down -2.6%
Asking Rental Rate
Up 0.1%
Up 0.4%
Up 0.1%
Physical Occupancy Rate
Rent Per Available Sq. Ft. (Rental Income)
Down -4.4%
Down -10.5%
Down -2.5%
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
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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