Self Storage Performance Quarterly Q1 2018

Self Storage Performance Quarterly

Market Conditions East Region Sample Size Total Facilities

Sample Size

% Sample

Mideast Division

5,042

778 15.4%

Northeast Division

5,084 1,345 26.5%

East Region

10,126 2,123 21.0%

Rental Rate Per Sq. Ft.

% Change

Rental Rates

1Q17 1Q18

Mideast Division Median

-6.00% -4.00% -2.00% 0.00% 2.00% 4.00% 6.00%

$1.0400 $0.9900 $1.1043 $1.0564

-4.8% -4.3%

Average

Northeast Division Median

$1.1500 $1.2000 $1.2808 $1.3441

4.3% 4.9%

Average

East Region Median

East Region Northeast

Mideast

$1.1000 $1.1000 $1.1929 $1.2008

0.0% 0.7%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

1Q17 1Q18

Mideast Division Median

82.00% 83.00% 84.00% 85.00% 86.00% 87.00% 88.00%

82.2% 87.0% 4.8% 83.8% 86.7% 2.9%

Average

Northeast Division Median

85.0% 87.0% 2.0% 85.1% 87.3% 2.2%

Average

East Region Median

1Q16

1Q17

1Q18

84.0% 87.0% 3.0% 84.4% 87.0% 2.6%

East Region

Northeast

Mideast

Average

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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