Self Storage Performance Quarterly Q3 2016

Self Storage Performance Quarterly

Change in Rent Per Avail. SF

Rental Rate Change

Occupancy Change

Key

Seasonal Change in MSAs in South Regions

Southeast Division

ATL BIR JAC MIA NAS ORL TAM AUS DAL HOU NOR OKC SAT

Atlanta-Sandy Springs-Marietta, GA MSA

2.6% 3.9%

-5.9% 0.4% -3.0%

-4.9% 4.9% 7.6% -3.3% -4.8% 9.7% 5.2% 1.6%

Birmingham-Hoover, AL MSA

Jacksonville, FL MSA

12.5% 11.3% 12.5% 10.6% 2.3%

MEM Memphis, TN-MS-AR MSA

-10.0% -6.3% -4.0% -2.3% -3.0%

Miami-Fort Lauderdale-Miami Beach, FL MSA Nashville-Davidson-Murfreesboro, TN MSA

Orlando, FL MSA

Tampa-St. Petersburg-Clearwater, FL MSA

7.4%

Southwest Division

Austin-Round Rock, TXMSA

10.0%

6.3% 0.8% 9.3% -3.0% -7.0% -8.0%

18.9%

Dallas-Fort Worth-Arlington, TXMSA Houston-Baytown-Sugar Land, TXMSA New Orleans-Metairie-Kenner, LA MSA

0.0%

2.0%

12.5% 0.0% 7.0% -1.2% 11.3%

28.3% -4.3% -3.4% -7.0% -3.3%

Oklahoma City, OK MSA San Antonio, TXMSA

MEM Memphis, TN-MS-AR MSA

-10.0%

Note : Light Tan shading denotes that MSA is split between NCREIF Regions and or Divisions.

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

Cushman & Wakefield | Valuation & Advisory

30