Self Storage Performance Quarterly 1Q17

Self Storage Performance Quarterly

The graph below reflects the net difference in the ratio since February 2015. The trend line suggests that the ratio of move-ins is returning to parity with move-outs. In layman’s terms, when the trend line is sloping upward, demand is increasing and conversely, a downward sloping line would indicate weakening demand.

Ratio of Move-Ins to Move-Outs Net Difference in Ratio

10%

8%

6%

4%

2%

0%

-2%

-4%

-6%

-8%

-10%

1-Year MovingAverage

Storage Demand – The following tables illustrate the trends in demand based upon 410,000± self- storage units found in 747± facilities SSDS tracks every month.

Storage Demand – Nationwide

1Q17 vs. 1Q16

February 2017 vs. January 2017

February 2017 vs. February 2016

Total Rental Activity

-9.8%

-12.0%

-6.4%

Move-Ins

-7.4%

-12.7%

-7.4%

Move-Outs

-12.2%

-12.7%

-5.5%

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 ® 2017

Cushman & Wakefield | Valuation & Advisory

10