Self Storage Performance Quarterly Q3 2016

Self Storage Performance Quarterly

East Region’s Divisional Performance Q3 16 vs. Q3 15 Mideast Division Northeast

Mideast vs. Nationwide

Northeast vs. Nationwide

Division Nationwide

Asking Rental Rates

10.0% 4.5% 5.3% 4.7% -0.8%

Physical Occupancy

-1.2% -2.0% -3.0% 1.8% 1.0%

Rent per Available SF

9.7% 2.6% 2.2% 7.5% 0.4%

Percent of Facilities Offering Concessions Effective Cost of Concessions Factor

75.2% 77.8% 74.2% 1.0% 3.6%

7.0% 7.3% 7.1% -0.1% 0.2%

Source: Cushman & Wakefield, Inc.

Midwest Region’s Divisional Performance Q3 16 vs. Q3 15 East North

East North Central vs. Nationwide

West North Central vs. Nationwide

West North Central Division

Central Division

Nationwide

Asking Rental Rates

6.3%

5.9% 5.3% 1.0%

0.6%

Physical Occupancy

-1.0% -5.0% -3.0% 2.0% -2.0%

Rent per Available SF

6.0%

2.7% 2.2% 3.8%

0.5%

Percent of Facilities Offering Concessions

76.5% 59.3% 74.2% 2.3% -14.9%

Effective Cost of Concessions Factor

7.1%

5.9%

7.1% 0.0% -1.2%

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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