Self Storage Performance Quarterly Q2 2016

Self Storage Performance Quarterly

Market Conditions West Region Sample Size Total Facilities

Sample Size

% Sample

Mountain

4,419

700 15.8%

Pacific 6,249 1,911 30.6% West Region 10,668 2,611 24.5%

Rental Rate Per Sq. Ft.

% Change

2Q15 2Q16

Rental Rates

Mountain Median Average Pacific Median Average

8.00%

$0.9200 $0.9700 $1.0004 $1.0430

5.4% 4.3%

6.00%

4.00%

$1.2500 $1.3500 $1.3271 $1.4173

8.0% 6.8%

2.00%

0.00%

West Region Median

Mountain Pacific West Region

$1.1500 $1.2300 $1.1918 $1.2622

7.0% 5.9%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

2Q15 2Q16

Mountain Median Average Pacific Median Average

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

85.0% 82.0% -3.0% 85.2% 84.3% -0.9%

80.0% 80.0% 0.0% 82.3% 83.8% 1.5%

West Region Median

2Q14

2Q15

2Q16

80.0% 80.0% 0.0% 83.5% 84.0% 0.5%

Mountain

Pacific

West 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. Copyright® 2016

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