Self Storage Performance Quarterly 1Q17
Self Storage Performance Quarterly
Market Conditions Midwest Region Sample Size Total Facilities
Sample Size
% Sample
East North Central West North Central
7,118 1,279 18.0%
3,694
361
9.8%
Midwest Region
10,812 1,640 15.2%
Rental Rate Per Sq. Ft.
% Change
Rental Rates
1Q16 1Q17
East North Central Median
-1.00% 1.00% 3.00% 5.00% 7.00% 9.00% 11.00%
$0.8500 $0.8800 $0.8665 $0.9236
3.5% 6.6%
Average
West North Central Median
$0.8500 $0.9400 10.6%
Average
$0.8920 $0.9638
8.1%
Midwest Region
East North Central
West North Central
Midwest Region Median
$0.8500 $0.8900 $0.8752 $0.9374
4.7% 7.1%
Median Average
Average
Physical Occupancy
Absolute Change
Average Physical Unit Occupancy
1Q16 1Q17
East North Central Median
82.00% 83.00% 84.00% 85.00% 86.00%
81.0% 82.0% 1.0% 83.0% 83.5% 0.5%
Average
West North Central Median
83.9% 84.0% 0.1% 83.8% 84.4% 0.6%
Average
Midwest Region Median
1Q15
1Q16
1Q17
81.0% 82.0% 1.0% 83.3% 83.8% 0.5%
Midwest Region
ENC WNC
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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