Self Storage Performance Quarterly Q3 2016

Self Storage Performance Quarterly

Storage Demand by Region June, July, August 2016 vs. June, July, August 2015 East Midwest

South

West

Total Rental Activity

-5.3% -5.2% -5.3%

2.5% 7.1% -1.8%

-1.2% -2.7% 0.3%

-2.0% -2.5% -1.6%

Move-Ins Move-Outs

Source: Cushman & Wakefield, Inc.

Physical Occupancy by Region August 2016 vs. August 2015 (Same Store Sample) Nationwide East

Midwest

South -0.2%

West -1.3%

Absolute Change

-0.3%

-0.5%

0.1%

Source: Cushman & Wakefield, Inc.

Demand as Measured by Changes in Potential Gross Income by Region August 2016 vs. August 2015 (Same Store Sample) Nationwide East Midwest South

West

Potential Gross Income 2.4%

3.2% 1.2%

2.5%

0.3%

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 ® 2016

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