Self Storage Performance Quarterly Q1 2016

Median Asking Rental Rates per Square Foot Median Asking Rental Rates per Square Foot are based upon the asking rent for a 100-square-foot, ground level, non-climate-controlled unit.

Quarterly Seasonal

Annual

Rental Rates 1Q16

Top 50 MSAs

% Change

Absolute Change

% Change

Absolute Change

% Change

Absolute Change

Atlanta-Sandy Springs-Marietta, GA MSA

$ 0.8000 -1.23% -$0.01 6.67% $0.05 1.62% $0.01 $ 0.9000 0.00% $0.00 0.00% $0.00 0.00% $0.00 $ 1.3000 0.00% $0.00 4.00% $0.05 0.97% $0.01 $ 0.8000 6.67% $0.05 0.00% $0.00 0.00% $0.00 $ 1.1500 0.00% $0.00 0.00% $0.00 0.00% $0.00 $ 0.9000 0.00% $0.00 1.12% $0.01 0.27% $0.00 $ 0.8000 0.00% $0.00 6.67% $0.05 1.64% $0.01 $ 0.9000 5.88% $0.05 12.50% $0.10 2.99% $0.02 $ 0.8000 1.27% $0.01 0.00% $0.00 0.00% $0.00 $ 0.8400 5.00% $0.04 5.00% $0.04 1.25% $0.01 $ 0.7500 0.00% $0.00 7.14% $0.05 1.69% $0.01 $ 0.8000 0.00% $0.00 2.56% $0.02 0.63% $0.01 $ 1.3000 4.00% $0.05 4.00% $0.05 0.98% $0.01 $ 0.8500 0.00% $0.00 0.00% $0.00 0.00% $0.00 $ 0.9900 -0.99% -$0.01 7.61% $0.07 1.79% $0.02 $ 0.8000 -5.88% -$0.05 0.00% $0.00 0.00% $0.00 $ 0.7300 2.82% $0.02 4.29% $0.03 1.05% $0.01 $ 0.8000 0.00% $0.00 6.67% $0.05 1.60% $0.01 $ 0.8000 0.00% $0.00 0.00% $0.00 0.00% $0.00 $ 0.8500 0.06% $0.00 1.19% $0.01 0.29% $0.00 $ 1.5000 0.00% $0.00 7.14% $0.10 1.72% $0.03 $ 0.8500 0.00% $0.00 1.19% $0.01 0.30% $0.00 $ 0.7500 0.00% $0.00 1.35% $0.01 0.34% $0.00 $ 1.3000 0.00% $0.00 1.56% $0.02 0.39% $0.00 $ 0.9000 0.00% $0.00 0.00% $0.00 0.00% $0.00 $ 0.8500 -4.49% -$0.04 0.00% $0.00 0.00% $0.00 $ 0.9000 12.50% $0.10 15.38% $0.12 3.77% $0.03 $ 0.9000 4.65% $0.04 0.01% $0.01 0.00% $0.00 $ 1.4500 0.00% $0.00 3.57% $0.05 0.87% $0.01 $ 0.7500 5.63% $0.04 10.29% $0.07 2.51% $0.02

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

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

Cleveland-Elyria-Mentor, OH MSA

Columbus, OH MSA

Dallas-Fort Worth-Arlington, TX MSA

Denver-Aurora, CO MSA

Detroit-Warren-Livonia, MI MSA

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

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

Los Angeles-Long Beach-Santa Ana, CA MSA

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, LA MSA New York-Newark-Edison, NY-NJ-PA MSA

Oklahoma City, OK MSA

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 $ 0.8500 0.00% $0.00 3.66% $0.03 0.89% $0.01 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA $ 1.1000 0.00% $0.00 4.76% $0.05 1.15% $0.01 Phoenix-Mesa-Scottsdale, AZ MSA $ 0.8700 -3.33% -$0.03 2.35% $0.02 0.58% $0.01 Pittsburgh, PA MSA $ 0.8500 8.97% $0.07 13.33% $0.10 3.28% $0.03 Portland-Vancouver-Beaverton, OR-WA MSA $ 1.2495 8.65% $0.10 13.59% $0.15 3.31% $0.04 Providence-New Bedford-Fall River, RI-MA MSA $ 1.1500 -1.71% -$0.02 4.55% $0.05 1.12% $0.01 Richmond, VA MSA $ 0.9200 2.22% $0.02 3.37% $0.03 0.84% $0.01 Riverside-San Bernardino-Ontario, CA MSA $ 0.9500 0.00% $0.00 0.00% $0.00 0.00% $0.00 Rochester, NY MSA $ 0.8200 2.50% $0.02 7.89% $0.06 1.91% $0.02 Sacramento-Arden-Arcade-Roseville, CA MSA $ 1.0600 2.91% $0.03 11.58% $0.11 2.78% $0.03 Salt Lake City, UT MSA $ 0.9000 2.27% $0.02 8.43% $0.07 2.05% $0.02 San Antonio, TX MSA $ 0.8000 0.00% $0.00 6.67% $0.05 1.60% $0.01 San Diego-Carlsbad-San Marcos, CA MSA $ 1.5000 0.03% $0.00 11.11% $0.15 2.67% $0.04 San Francisco-Oakland-Fremont, CA MSA $ 1.6500 3.12% $0.05 6.45% $0.10 1.57% $0.03 San Jose-Sunnyvale-Santa Clara, CA MSA $ 1.7300 1.76% $0.03 8.12% $0.13 1.95% $0.03 Seattle-Tacoma-Bellevue, WA MSA $ 1.2000 4.35% $0.05 9.09% $0.10 2.22% $0.02 St. Louis, MO-IL MSA $ 0.7500 -1.32% -$0.01 7.14% $0.05 1.71% $0.01 Tampa-St. Petersburg-Clearwater, FL MSA $ 0.9500 0.00% $0.00 0.00% $0.00 0.00% $0.00 Virginia Beach-Norfolk-Newport News, VA-NC MSA $ 0.9500 5.56% $0.05 9.20% $0.08 2.25% $0.02 Washington-Arlington-Alexandria, DC-VA-MD-WV MSA $ 1.4500 2.11% $0.03 11.54% $0.15 2.70% $0.04 Orlando, FL MSA

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