Self Storage Performance Quarterly Q3 2016

Self Storage Performance Quarterly

Market Conditions Midwest Region Sample Size Total Facilities

Sample Size

% Sample

East North Central West North Central

7,104 1,289 18.1%

3,683

371 10.1%

Midwest Region

10,787 1,660 15.4%

Rental Rate Per Sq. Ft.

% Change

Rental Rates

3Q15 3Q16

East North Central Median

0.00% 2.00% 4.00% 6.00% 8.00%

$0.8000 $0.8500 $0.8465 $0.9000

6.3% 6.3%

Average

West North Central Median

$0.8500 $0.9000 $0.9173 $0.9367

5.9% 2.1%

Average

Midwest Region

East North Central

West North Central

Midwest Region Median

$0.8000 $0.8500 $0.8707 $0.9125

6.3% 4.8%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

3Q15 3Q16

East North Central Median

82.00% 83.00% 84.00% 85.00% 86.00% 87.00%

82.0% 81.0% -1.0% 84.1% 83.1% -1.0%

Average

West North Central Median

85.0% 80.0% -5.0% 85.6% 83.7% -1.9%

Average

Midwest Region Median

3Q14

3Q15

3Q16

83.0% 81.0% -2.0% 84.6% 83.3% -1.3%

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 ® 2016

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