Self Storage Performance Quarterly - Q2 2018

Self Storage Performance Quarterly

South Region’s Divisional Performance Q2 18 vs. Q2 17 Southeast Division Southwest

Southeast vs. Nationwide

Southwest vs. Nationwide

Division Nationwide

0.0%

0.0% -1.0% 1.0%

1.0%

Asking Rental Rates

4.3%

0.0% 0.6% 3.7% -0.6%

Physical Occupancy

6.1%

1.6% 0.6% 5.5%

1.0%

Rent per Available SF

Percent of Facilities Offering Concessions

58.0% 54.3% 51.7% 6.3%

2.6%

Effective Cost of Concessions Factor

7.1%

6.6% 6.1% 1.0%

0.5%

Source: Cushman & Wakefield, Inc.

West Region’s Divisional Performance Q2 18 vs. Q2 17 Pacific Division Mountain

Pacific vs. Nationwide

Mountain vs. Nationwide

Division Nationwide

-2.6% 1.0% -1.0% -1.6% 2.0%

Asking Rental Rates

0.6%

0.0% 0.6% 0.0% -0.6%

Physical Occupancy

0.0%

1.0% 0.6% -0.6% 0.4%

Rent per Available SF

Percent of Facilities Offering Concessions

43.4% 63.3% 51.7% -8.3% 11.6%

Effective Cost of Concessions Factor

5.1%

7.1% 6.1% -1.0% 1.0%

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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