Self Storage Performance Quarterly Q2 2016

Self Storage Performance Quarterly

Storage Demand by Region March, April, May 2016 vs. March, April, May 2015 East

Midwest

South

West

Total Rental Activity

-8.4%

-5.8% -9.5% -1.1%

-5.1% -6.6% -3.4%

-6.9% -9.3% -4.1%

Move-Ins Move-Outs

-10.2%

-6.0%

Source: Cushman & Wakefield, Inc.

Physical Occupancy by Region May 2016 vs. May 2015 (Same Store Sample) Nationwide East

Midwest

South

West -1.1%

Absolute Change

0.0%

-0.4%

-1.1%

0.5%

Source: Cushman & Wakefield, Inc.

Demand as Measured by Changes in Potential Gross Income by Region May 2016 vs. May 2015 (Same Store Sample) Nationwide East Midwest South

West

Potential Gross Income 7.2%

10.4% 6.2%

6.2%

4.4%

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® 2016

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