Self Storage Performance Quarterly Q1 2018

Self Storage Performance Quarterly

Storage Demand by Region Dec 2017, Jan, Feb 2018 vs. Dec 2016, Jan, Feb 2017 (Same Store Sample) East Midwest South

West

Total Rental Activity

-4.9% -5.2% -4.7%

-21.9% -21.9% -22.0%

-4.4% -5.9% -3.0%

-0.1% 6.0% -5.9%

Move-Ins Move-Outs

Source: Cushman & Wakefield, Inc.

Physical Occupancy by Region February 2018 vs. February 2017 (Same Store Sample) Nationwide East

Midwest

South -0.3%

West

Absolute Change

-0.1%

0.6%

-1.8%

1.4%

Source: Cushman & Wakefield, Inc.

Demand as Measured by Changes in Potential Gross Income by Region February 2018 vs. February 2017 (Same Store Sample) Nationwide East Midwest South

West

Potential Gross Income 5.0%

5.8% 4.4%

4.7% 4.4%

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® 2018.

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