Self Storage Performance Quarterly Q1 2018

Self Storage Performance Quarterly

Market Conditions South Region Sample Size Total Facilities

Sample Size

% Sample

Southeast Southwest

6,890 1,472 21.4%

8,138 1,879 23.1% South Region 15,028 3,351 22.3%

Rental Rate Per Sq. Ft.

% Change

1Q17 1Q18

Rental Rates

Southeast Median

-3.00% -2.00% -1.00% 0.00% 1.00%

$0.9500 $0.9500 $1.0112 $1.0023

0.0% -0.9%

Average

Southwest Median

$0.8900 $0.8700 $0.9253 $0.9056

-2.2% -2.1%

Average

South Region Median

Southeast

Southwest South Region

$0.9000 $0.9000 $0.9647 $0.9499

0.0% -1.5%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

1Q17 1Q18

Southeast Median

81.00% 82.50% 84.00% 85.50% 87.00% 88.50% 90.00% 91.50%

86.7% 90.0% 3.3% 86.5% 90.0% 3.5%

Average

Southwest Median

87.4% 90.0% 2.6% 85.9% 88.6% 2.7%

Average

South Region Median

1Q16

1Q17

1Q18

87.3% 90.0% 2.7% 86.2% 89.2% 3.0%

South Region

Southeast

Southwest

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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