Self Storage Performance Quarterly - Q2 2018

Self Storage Performance Quarterly

Market Conditions South Region Sample Size Total Facilities

Sample Size

% Sample

Southeast Southwest

6,911 1,497 21.7%

8,086 1,905 23.6% South Region 14,997 3,402 22.7%

Rental Rate Per Sq. Ft.

% Change

2Q17 2Q18

Rental Rates

Southeast Median

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

$0.9500 $0.9500 $1.0071 $1.0168

0.0% 1.0%

Average

Southwest Median

$0.8900 $0.8900 $0.9217 $0.9105

0.0% -1.2%

Average

South Region Median

Southeast

Southwest South Region

$0.9100 $0.9000 $0.9611 $0.9595

-1.1% -0.2%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

2Q17 2Q18

Southeast Median

80.00% 82.00% 84.00% 86.00% 88.00% 90.00% 92.00%

86.0% 90.3% 4.3% 87.1% 90.5% 3.4%

Average

Southwest Median

90.0% 90.0% 0.0% 88.4% 89.4% 0.9%

Average

South Region Median

2Q16

2Q17

2Q18

89.2% 90.0% 0.8% 87.8% 89.9% 2.1%

South Region

Southeast

Southwest

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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