Self Storage Performance Quarterly Q1 2019

Self Storage Performance Quarterly

East Region’s Divisional Performance Q1 19 vs. Q1 18

Mideast vs. Nationwide

Northeast vs. Nationwide

Mideast Division

Northeast Division

Nationwide

5.1%

5.8%

1.0%

4.1%

4.8%

Asking Rental Rates

2.0%

2.0%

0.0%

2.0%

2.0%

Physical Occupancy

9.8%

9.9%

2.9%

6.9%

7.0%

Rent per Available SF

Percent of Facilities Offering Concessions Effective Cost of Concessions Factor

59.3%

53.3%

51.8%

7.5%

1.5%

7.1%

6.4%

6.3%

0.8%

0.1%

Source: Cushman & Wakefield, Inc.

Midwest Region’s Divisional Performance Q1 19 vs. Q1 18

East North Central vs. Nationwide

West North Central vs. Nationwide

West North Central Division

East North Central Division

Nationwide

3.5%

4.4%

1.0%

2.5%

3.4%

Asking Rental Rates

0.0%

0.7%

0.0%

0.0%

0.7%

Physical Occupancy

5.5%

8.4%

2.9%

2.6%

5.5%

Rent per Available SF

Percent of Facilities Offering Concessions

45.4%

40.7%

51.8%

-6.4%

-11.1%

Effective Cost of Concessions Factor

5.6%

5.6%

6.3%

-0.7%

-0.7%

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® 2019.

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