Self Storage Performance Quarterly Q1 2016

Pipeline of 1 st Quarter 2016

New Construction Starts

Bidding (All Stages)

Construction- In-Process

Projects Deferred Pre-Planning Planning

Final Planning

Certificates of Occupancy Permit Issued

Top 50 MSAs

Other

Total

Atlanta-Sandy Springs-Marietta, GAMSA

1 2

9 1

1

2

13

Austin-Round Rock, TX MSA Baltimore-Towson, MD MSA Birmingham-Hoover, AL MSA

1

4 0 0 8 1 9 5 1 5 2 4 9 2 5 1 4 7 1 1 6 3 0 1 3 4 9 0 6 0 1 1 2 4 1 4 2 2 0 8 1 6 0

Boston-Cambridge-Quincy, MA-NH MSA Buffalo-Cheektowaga-Tonawanda, NY MSA Charlotte-Gastonia-Concord, NC-SC MSA Chicago-Naperville-Joliet, IL-IN-WI MSA Cincinnati-Middletown, OH-KY-IN MSA

1

3 1 8 9 1

2

2

1 1

2

12

1

3 1 2 2 2

Cleveland-Elyria-Mentor, OH MSA

Columbus, OH MSA

1 1 1 2 1 1 1 1 1 1

1

1

Dallas-Fort Worth-Arlington, TX MSA

1

7 2

14

25 13

Denver-Aurora, CO MSA

1

6

1

Detroit-Warren-Livonia, MI MSA

Hartford-West Hartford-East Hartford, CT MSA Houston-Baytown-Sugar Land, TX MSA

1

2 4

2 1

3 1 1

Indianapolis, IN MSA Jacksonville, FL MSA Kansas City, MO-KS MSA Las Vegas-Paradise, NV MSA

3

3 3 5

Los Angeles-Long Beach-Santa Ana, CAMSA

1

5

2 1 1

12

Louisville, KY-IN MSA Memphis, TN-MS-AR MSA

Miami-Fort Lauderdale-Miami Beach, FL MSA Milwaukee-Waukesha-West Allis, WI MSA Minneapolis-St. Paul-Bloomington, MN-WI MSA Nashville-Davidson--Murfreesboro, TN MSA New Orleans-Metairie-Kenner, LAMSA New York-Newark-Edison, NY-NJ-PAMSA

2

1

17

20

1 4 2

1

1

1

5 1

3

13

3

24

Oklahoma City, OK MSA

Orlando, FL MSA

1

2 4 5

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA

Phoenix-Mesa-Scottsdale, AZ MSA

1

2

1

Pittsburgh, PAMSA

Portland-Vancouver-Beaverton, OR-WAMSA Providence-New Bedford-Fall River, RI-MAMSA

2

3

1

Richmond, VAMSA

1 1 2 2 1

Riverside-San Bernardino-Ontario, CAMSA

Rochester, NY MSA

Sacramento--Arden-Arcade--Roseville, CAMSA

1

1

Salt Lake City, UT MSA San Antonio, TX MSA

1

3 1

San Diego-Carlsbad-San Marcos, CAMSA San Francisco-Oakland-Fremont, CAMSA San Jose-Sunnyvale-Santa Clara, CAMSA Seattle-Tacoma-Bellevue, WAMSA

1 1

1

1

1

6

St. Louis, MO-IL MSA

1 1

Tampa-St. Petersburg-Clearwater, FL MSA Virginia Beach-Norfolk-Newport News, VA-NC MSA

4

1

Washington-Arlington-Alexandria, DC-VA-MD-WV MSA 2

1

1 7

2

4

10

Top 50 MSAs Total Other MSAs Total Non-MSAs Total

12

25 10

25 20

144

3 4

8 1

5

33 18

262 145

1

16

75

1

4

5

1

11

Total

13

35

24

49

224

7

9

5 52

0 418

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