Self Storage Performance Quarterly - Q2 2018

Self Storage Performance Quarterly

Market Conditions East Region Sample Size Total Facilities

Sample Size

% Sample

Mideast Division

5,009

777 15.5%

Northeast Division

5,000 1,277 25.5%

East Region

10,009 2,054 20.5%

Rental Rate Per Sq. Ft.

% Change

Rental Rates

2Q17 2Q18

Mideast Division Median

-6.00% -4.00% -2.00% 0.00% 2.00% 4.00% 6.00%

$1.0900 $1.0400 $1.1392 $1.0976

-4.6% -3.6%

Average

Northeast Division Median

$1.1900 $1.2600 $1.3135 $1.3880

5.9% 5.7%

Average

East Region Median

East Region Northeast

Mideast

$1.1400 $1.1500 $1.2263 $1.2427

0.9% 1.3%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

2Q17 2Q18

Mideast Division Median

80.00% 82.00% 84.00% 86.00% 88.00% 90.00%

83.0% 89.6% 6.6% 83.8% 88.2% 4.4%

Average

Northeast Division Median

85.3% 90.0% 4.7% 85.8% 89.4% 3.6%

Average

East Region Median

2Q16

2Q17

2Q18

84.1% 90.0% 5.9% 84.8% 88.8% 4.0%

East Region

Northeast

Mideast

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 ® 2018.

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