Self Storage Performance Quarterly Q1 2019

Self Storage Performance Quarterly

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

Southeast vs. Nationwide

Southwest vs. Nationwide

Southeast Division

Southwest Division

Nationwide

0.0%

-2.3%

1.0%

-1.0%

-3.3%

Asking Rental Rates

0.0%

-0.3%

0.0%

0.0%

-0.3%

Physical Occupancy

1.5%

0.6%

2.9%

-1.4%

-2.3%

Rent per Available SF

Percent of Facilities Offering Concessions

53.4%

54.4%

51.8%

1.6%

2.6%

Effective Cost of Concessions Factor

6.5%

6.7%

6.3%

0.2%

0.4%

Source: Cushman & Wakefield, Inc.

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

Pacific vs. Nationwide

Mountain vs. Nationwide

Mountain Division

Pacific Division

Nationwide

1.4%

5.0%

1.0%

0.4%

4.0%

Asking Rental Rates

-2.0%

0.0%

0.0%

-2.0%

0.0%

Physical Occupancy

0.0%

7.6%

2.9%

-2.9%

4.7%

Rent per Available SF

Percent of Facilities Offering Concessions

51.0%

51.0%

51.8%

-0.8%

-0.8%

Effective Cost of Concessions Factor

6.0%

6.6%

6.3%

-0.3%

0.3%

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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