Self Storage Performance Quarterly Q2 2017

Self Storage Performance Quarterly

The graph below reflects the net difference in the ratio since May 2015. The trend line suggests that the ratio of move-ins is returning to parity with move-outs. In layman’s terms, when the trend line is sloping upward, demand is increasing and conversely, a downward sloping line would indicate weakening demand. Storage Demand – The following tables illustrate the trends in demand based upon 306,000± self-storage units found in 516± facilities SSDS tracks every month.

Ratio of Move-Ins to Move-Outs Net Difference in Ratio

10%

8%

6%

4%

2%

0%

-2%

-4%

-6%

-8%

-10%

1-Year Moving Average

Storage Demand – Nationwide

2Q17 vs. 2Q16

May 2017 vs. April 2017

May 2017 vs. May 2016

Total Rental Activity

6.6%

-6.8%

-4.4%

Move-Ins

8.5%

-6.9%

-5.4%

Move-Outs

4.6%

-6.6%

-3.4%

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® 2017

Cushman & Wakefield | Valuation & Advisory

10