Self Storage Performance Quarterly Q1 2018

Self Storage Performance Quarterly

SSDS CONCESSION INDEX

Self Storge Concession Index

121.4

100 105 110 115 120 125

Index

80 85 90 95

Base: 4th Quarter 2003 = 100

Trends in Ten Most Popular Concessions PERCENT OF FACILITIES OFFERING EACH TYPE

Quarterly Seasonal Annual Absolute Change (%)

Type of Rent Concession

1Q17 2Q17 3Q17 4Q17 1Q18

Various Specials

39.79% 25.58% 21.74% 15.12% 11.36% -3.76% -28.43% -7.11% 5.33% 3.70% 3.42% 6.04% 6.28% 0.24% 0.95% 0.24% 11.12% 8.59% 7.43% 6.04% 6.03% -0.01% -5.09% -1.27% 2.20% 3.08% 1.90% 3.01% 3.31% 0.30% 1.11% 0.28% 3.20% 1.55% 1.75% 2.60% 2.47% -0.13% -0.73% -0.18% 2.30% 1.26% 1.59% 1.22% 1.60% 0.38% -0.70% -0.18% 0.32% 0.47% 0.39% 0.35% 0.62% 0.27% 0.30% 0.08% 0.46% 0.55% 0.59% 0.53% 0.62% 0.09% 0.16% 0.04% 0.37% 0.95% 0.64% 0.84% 0.52% -0.32% 0.15% 0.04% 0.98% 0.75% 0.47% 0.46% 0.43% -0.03% -0.55% -0.14% 3.96% 5.53% 3.52% 3.83% 2.40% -1.43% -1.56% -0.39% 29.97% 47.99% 56.56% 59.96% 64.36% 4.40% 34.39% 8.60%

$1.00 Move-In

1/2 Off 1st Month

1 Month Free w/ One-way

1st Month Free 1 Month Free Move-In Specials 2nd Month Free

10% Discount

1/2 Off 1st 2 Months Other Concessions

None

Total

100.0% 100.0% 100.0% 100.0% 100.00%

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.

Cushman & Wakefield | Valuation & Advisory

14

Made with FlippingBook Learn more on our blog