Self Storage Performance Quarterly Q2 2016

Self Storage Performance Quarterly

Market Conditions South Region Sample Size Total Facilities

Sample Size

% Sample

Southeast Southwest

6,766 1,467 21.7%

7,994 1,787 22.4% South Region 14,760 3,254 22.0%

Rental Rate Per Sq. Ft.

% Change

2Q15 2Q16

Rental Rates

Southeast Median

0.00% 2.00% 4.00% 6.00% 8.00% 10.00%

$0.8500 $0.9000 $0.9034 $0.9697

5.9% 7.3%

Average

Southwest Median

$0.8000 $0.8500 $0.8472 $0.9059

6.3% 6.9%

Average

South Region Median

Southeast

Southwest South Region

$0.8000 $0.8700 $0.8730 $0.9351

8.8% 7.1%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

2Q15 2Q16

Southeast Median

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

84.2% 82.0% -2.2% 84.1% 84.5% 0.4%

Average

Southwest Median

81.8% 86.0% 4.2% 83.7% 85.4% 1.7%

Average

South Region Median

2Q14

2Q15

2Q16

83.0% 85.0% 2.0% 83.9% 85.0% 1.1%

Southeast

Southwest

South Region

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. Cop yright® 2016

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