Self Storage Performance Quarterly Q1 2016

Change in Rent Per Avail. SF

Rental Rate Change

Occupancy Change

Key Seasonal Change in MSAs in South Regions

Southeast Division

ATL

Atlanta-Sandy Springs-Marietta, GA MSA

6.7% 0.1% 8.2% 0.0% -3.0% -5.3% 6.7% 2.0% 10.9% 1.4% -9.0% -10.7% 1.6% 4.4% 8.5% 15.4% -2.0% 13.0% 3.7% -1.0% 4.2% 0.0% 1.2% 2.0% 0.0% 3.0% 5.9% 2.6% 0.2% 3.0% 0.0% 3.9% 5.9% 1.1% -2.0% 5.2% 10.3% -8.0% -0.6% 6.7% -2.7% 0.4% 1.4% -9.0% -10.7%

BIR Birmingham-Hoover, AL MSA JAC Jacksonville, FL MSA MEM Memphis, TN-MS-AR MSA

MIA Miami-Fort Lauderdale-Miami Beach, FL MSA NAS Nashville-Davidson-Murfreesboro, TN MSA

ORL Orlando, FL MSA

TAM Tampa-St. Petersburg-Clearwater, FL MSA

Southwest Division

AUS Austin-Round Rock, TX MSA DAL Dallas-Fort Worth-Arlington, TX MSA HOU Houston-Baytown-Sugar Land, TX MSA NOR New Orleans-Metairie-Kenner, LA MSA

OKC Oklahoma City, OK MSA

SAT

San Antonio, TX MSA

MEM Memphis, TN-MS-AR MSA

Note : Light Blue shading denotes that MSA is split between NCREIF Regions and or Divisions.

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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