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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