Self Storage Performance Quarterly Q2 2017
Self Storage Performance Quarterly
South Region’s Divisional Performance Q2 17 vs. Q2 16
Southeast vs. Nationwide
Southwest vs. Nationwide
Southeast Division
Southwest Division
Nationwide
Asking Rental Rates
5.6%
4.7%
4.0%
1.6%
0.7%
Physical Occupancy
4.0%
4.0%
7.9%
-3.9%
-3.9%
Rent per Available SF
11.4%
9.5%
16.0%
-4.6%
-6.5%
Percent of Facilities Offering Concessions
63.1%
49.1%
52.0%
11.1%
-2.9%
Effective Cost of Concessions Factor
7.6%
7.9%
6.9%
0.7%
1.0%
Source: Cushman & Wakefield, Inc.
West Region’s Divisional Performance Q2 17 vs. Q2 16
Pacific vs. Nationwide
Mountain vs. Nationwide
Mountain Division
Pacific Division
Nationwide
Asking Rental Rates
14.1%
4.1%
4.0%
10.1%
0.1%
Physical Occupancy
14.0%
8.0%
7.9%
6.1%
0.1%
Rent per Available SF
37.1%
16.2%
16.0%
21.1%
0.2%
Percent of Facilities Offering Concessions
49.5%
45.7%
52.0%
-2.5%
-6.3%
Effective Cost of Concessions Factor
6.9%
7.0%
6.9%
0.0%
0.1%
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
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