Self Storage Performance Quarterly Q1 2016

South Region’s Divisional Performance 1Q16 vs. 1Q15 Southeast Division Southwest Division Nationwide Southeast vs. Nationwide

Southwest vs. Nationwide

Asking Rental Rates

3.6%

1.3%

5.6%

-2.0%

-4.3%

Physical Occupancy

-2.9%

-1.0%

-3.0%

0.1%

2.0%

Rent per Available SF

0.4%

0.2%

1.6%

-1.2%

-1.4%

Percent of Facilities Offering Concessions Effective Cost of Concessions Factor

86.2%

86.0%

88.1%

-1.9%

-2.1%

8.2%

8.2%

8.4%

-0.2%

-0.2%

Source: Cushman & Wakefield, Inc.

West Region’s Divisional Performance 1Q16 vs. 1Q15 Pacific Division Mountain Division Nationwide Pacific vs. Nationwide

Mountain vs. Nationwide

Asking Rental Rates

6.6%

3.3%

5.6%

1.0%

-2.3%

Physical Occupancy

-1.0%

-1.0%

-3.0%

2.0%

2.0%

Rent per Available SF

4.8%

3.0%

1.6%

3.2%

1.4%

Percent of Facilities Offering Concessions Effective Cost of Concessions Factor

92.3%

87.6%

88.1%

4.2%

-0.5%

8.7%

8.7%

8.4%

0.3%

0.3%

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® 2016 2020 Main Street, Suite 1000, Irvine, California 92614 Phone: 626-304-2920 Fax: 626-304-2921 www.ssdata.net

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