Self Storage Performance Quarterly - Q2 2018

Self Storage Performance Quarterly

The graph below reflects the net difference in the ratio since May 2016. 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 281,000± self- storage units found in 465± facilities SSDS tracks every month.

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

0.2%

0.0%

-0.2%

-0.4%

-0.6%

-0.8%

-1.0%

-1.2%

-1.4%

1-Year Moving Average

Storage Demand – Nationwide

2Q18 vs. 2Q17

May 2018 vs. April 2018

May 2018 vs. May 2017

Total Rental Activity

9.2%

-0.3%

-0.1%

Move-Ins

16.8%

1.1%

-2.0%

Move-Outs

1.3%

-1.9%

2.1%

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 ® 2018.

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