Self Storage Performance Quarterly Q2 2017

Self Storage Performance Quarterly

Market Conditions

East Region

Sample Size

Total Facilities

Sample Size

% Sample

Mideast Division

4,995

868

17.4%

Northeast Division

5,191

1,165

22.4%

East Region

10,186

2,033

20.0%

Rental Rate Per Sq. Ft.

% Change

Rental Rates

2Q16

2Q17

Mideast Division Median

6.00%

$1.0500 $1.0900

3.8%

4.00%

Average

$1.1177 $1.1392

1.9%

Northeast Division Median

2.00%

$1.1500 $1.1900

3.5%

Average

$1.2921 $1.3135

1.7%

0.00%

East Region Median

East Region Northeast

Mideast

$1.1000 $1.1400

3.6%

Median Average

$1.2066 $1.2280

1.8%

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

2Q16

2Q17

Mideast Division Median

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

83.0%

83.0%

0.0%

Average

85.2%

83.8%

-1.4%

Northeast Division Median

85.0%

85.3%

0.3%

Average

84.7%

85.8%

1.1%

East Region Median

2Q15

2Q16

2Q17

84.3%

84.1%

-0.2%

East Region

Northeast

Mideast

85.0%

84.8%

-0.2%

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® 2017

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