Self Storage Performance Quarterly - Q2 2018

Self Storage Performance Quarterly

Market Conditions Midwest Region Sample Size Total Facilities

Sample Size

% Sample

East North Central West North Central

7,131 1,354 19.0%

3,681

413 11.2%

Midwest Region

10,812 1,767 16.3%

Rental Rate Per Sq. Ft.

% Change

Rental Rates

2Q17 2Q18

Midwest Region

East North Central

West North Central

East North Central Median

-1.50% -1.00% -0.50% 0.00% 0.50% 1.00% 1.50%

$0.8800 $0.8800 $0.9041 $0.9105

0.0% 0.7%

Average

West North Central Median

$0.9500 $0.9400 $0.9822 $0.9717

-1.1% -1.1%

Average

Midwest Region Median

$0.8900 $0.8995 $0.9307 $0.9314

-1.1% 0.1%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

2Q17 2Q18

East North Central Median

75.00% 80.00% 85.00% 90.00% 95.00%

83.0% 90.0% 7.0% 85.3% 89.2% 3.9%

Average

West North Central Median

91.0% 92.0% 1.0% 89.4% 90.7% 1.3%

Average

Midwest Region Median

2Q16

2Q17

2Q18

86.0% 90.0% 4.0% 86.7% 89.7% 3.0%

Midwest Region

ENC WNC

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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