Self Storage Performance Quarterly Q2 2016

Self Storage Performance Quarterly

Market Conditions Midwest Region Sample Size Total Facilities

Sample Size

% Sample

East North Central West North Central

7,104 1,293 18.2%

3,675

373 10.1%

Midwest Region

10,779 1,666 15.5%

Rental Rate Per Sq. Ft.

% Change

Rental Rates

2Q15 2Q16

East North Central Median

0.00% 2.00% 4.00% 6.00% 8.00%

$0.8000 $0.8500 $0.8337 $0.8887

6.3% 6.6%

Average

West North Central Median

$0.8500 $0.9000 $0.8808 $0.9454

5.9% 7.3%

Average

Midwest Region

East North Central

West North Central

Midwest Region Median

$0.8000 $0.8500 $0.8498 $0.9080

6.3% 6.9%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

2Q15 2Q16

East North Central Median

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

82.0% 81.0% -1.0% 83.5% 82.6% -0.9%

Average

West North Central Median

84.6% 80.0% -4.6% 84.5% 83.3% -1.2%

Average

Midwest Region Median

2Q14

2Q15

2Q16

83.0% 81.0% -2.0% 83.8% 82.8% -1.0%

Midwest Region

ENC WNC

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® 2016

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