Self Storage Performance Quarterly - Q2 2018

Self Storage Performance Quarterly

East Region’s Divisional Performance Q2 18 vs. Q2 17 Mideast Division Northeast

Mideast vs. Nationwide

Northeast vs. Nationwide

Division Nationwide

-4.6% 5.9% -1.0% -3.6% 6.9%

Asking Rental Rates

6.6% 4.7% 0.6% 6.0% 4.1%

Physical Occupancy

3.2% 12.9% 0.6% 2.6% 12.3%

Rent per Available SF

Percent of Facilities Offering Concessions Effective Cost of Concessions Factor

60.0% 51.9% 51.7% 8.3% 0.2%

7.2% 5.7% 6.1% 1.1% -0.4%

Source: Cushman & Wakefield, Inc.

Midwest Region’s Divisional Performance Q2 18 vs. Q2 17 East North

East North Central vs. Nationwide

West North Central vs. Nationwide

West North Central Division

Central Division

Nationwide

0.0% -1.1% -1.0% 1.0% -0.1%

Asking Rental Rates

7.0%

1.0% 0.6% 6.4%

0.4%

Physical Occupancy

9.1%

1.4% 0.6% 8.5%

0.8%

Rent per Available SF

Percent of Facilities Offering Concessions

43.8% 43.3% 51.7% -7.9% -8.4%

Effective Cost of Concessions Factor

5.1%

5.5% 6.1% -1.0% -0.6%

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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