Self Storage Performance Quarterly Q1 2018

Self Storage Performance Quarterly

East Region’s Divisional Performance Q1 18 vs. Q1 17 Mideast Division Northeast

Mideast vs. Nationwide

Northeast vs. Nationwide

Division Nationwide

-4.8% 4.3% 0.0% -4.8% 4.3%

Asking Rental Rates

4.8% 2.0% 3.5% 1.3% -1.5%

Physical Occupancy

-0.1% 6.4% 4.0% -4.1% 2.4%

Rent per Available SF

Percent of Facilities Offering Concessions Effective Cost of Concessions Factor

41.0% 29.5% 35.2% 5.8% -5.7%

8.7% 7.4% 7.9% 0.8% -0.5%

Source: Cushman & Wakefield, Inc.

Midwest Region’s Divisional Performance Q1 18 vs. Q1 17 East North

East North Central vs. Nationwide

West North Central vs. Nationwide

West North Central Division

Central Division

Nationwide

-3.4% -4.3% 0.0% -3.4% -4.3%

Asking Rental Rates

8.0%

6.3% 3.5% 4.5%

2.8%

Physical Occupancy

6.4%

3.3% 4.0% 2.4% -0.7%

Rent per Available SF

Percent of Facilities Offering Concessions

28.5% 30.4% 35.2% -6.7% -4.8%

Effective Cost of Concessions Factor

7.2%

8.0% 7.9% -0.7% 0.1%

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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