Self Storage Performance Quarterly Q1 2016

Table of Contents

Page

Preface

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Section I – Executive Summary Performance At-A-Glance Section II – Supply and Demand Supply

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Construction Pipeline New Construction Starts

10 12 13 14 15 17 18 19 21 23 26 27 30 33 36 39 39 40 41 42 43

Location of New Construction

Demand

Current Demand

Geographical Demand Trends

Section III – Market Performance Data

Operating Performance – Nationwide

Self-Storage National Benchmarks

Concession Trends

Price Elasticity

Operating Performance – By Region

Performance by Region\Division

East Region

Midwest Region South Region

West Region

Operating Performance – By MSA Most Improved and Watch List Markets

Median Asking Rental Rates Median Physical Occupancy Median Rent per Available Sq. Ft Implied Economic Occupancy

Section IV – Real Estate Investment Trusts (REITs) REITs Market Performance Data

44

Section V – Investment Markets Investment Parameters

46 49

Transactional Database

Section VI– Appendices

Methodology & Glossary of Terms Self-Storage Chart of Accounts

57 60 61

Company Profile

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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