Self Storage Performance Quarterly 1Q17

Self Storage Performance Quarterly

Market Conditions East Region Sample Size Total Facilities

Sample Size

% Sample

Mideast Division

4,962

894 18.0%

Northeast Division

5,152 1,257 24.4%

East Region

10,114 2,151 21.3%

Rental Rate Per Sq. Ft.

% Change

Rental Rates

1Q16 1Q17

Mideast Division Median

6.00%

$1.0500 $1.0400 $1.1091 $1.1043

-1.0% -0.4%

4.00%

Average

Northeast Division Median

2.00%

$1.1000 $1.1500 $1.2568 $1.2808

4.5% 1.9%

0.00%

Average

East Region Northeast

Mideast

East Region Median

-2.00%

$1.1000 $1.1000 $1.1844 $1.1942

0.0% 0.8%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

1Q16 1Q17

Mideast Division Median

82.00% 83.00% 84.00% 85.00% 86.00% 87.00%

84.0% 82.2% -1.8% 84.7% 83.8% -0.8%

Average

Northeast Division Median

82.0% 85.0% 3.0% 83.8% 85.1% 1.3%

Average

East Region Median

1Q15

1Q16

1Q17

82.5% 84.0% 1.5% 84.2% 84.4% 0.2%

East Region

Northeast

Mideast

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 ® 2017

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