Self Storage Performance Quarterly 1Q17
Self Storage Performance Quarterly
East Region’s Divisional Performance Q1 17 vs. Q1 16 Mideast Division Northeast
Mideast vs. Nationwide
Northeast vs. Nationwide
Division Nationwide
Asking Rental Rates
-1.0% 4.5% 5.3% -6.3% -0.8%
Physical Occupancy
-1.8% 3.0% 5.5% -7.3% -2.5%
Rent per Available SF
-1.5% 10.5% 14.5% -16.0% -4.0%
Percent of Facilities Offering Concessions Effective Cost of Concessions Factor
66.2% 60.0% 70.1% -3.9% -10.1%
7.6% 6.9% 7.6% 0.0% -0.7%
Source: Cushman & Wakefield, Inc.
Midwest Region’s Divisional Performance Q1 17 vs. Q1 16 East North
East North Central vs. Nationwide
West North Central vs. Nationwide
West North Central Division
Central Division
Nationwide
Asking Rental Rates
3.5% 10.6% 5.3% -1.8%
5.3%
Physical Occupancy
1.0%
0.1% 5.5% -4.5% -5.4%
Rent per Available SF
7.0% 12.1% 14.5% -7.5% -2.4%
Percent of Facilities Offering Concessions
67.6% 73.4% 70.1% -2.5%
3.3%
Effective Cost of Concessions Factor
6.8%
7.7%
7.6% -0.8%
0.1%
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
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