Self Storage Performance Quarterly Q3 2018

Self Storage Performance Quarterly

The graph below reflects the net difference in the ratio since August 2016. The trend line suggests that the ratio of move-ins is returning to parity with move-outs. In layman’s terms, when the trend line is sloping upward, demand is increasing and conversely, a downward sloping line would indicate weakening demand. Storage Demand – The following tables illustrate the trends in demand based upon 296,000± self- storage units found in 486± facilities SSDS tracks every month.

Ratio of Move-Ins to Move-Outs Net Difference in Ratio

-1.8% -1.6% -1.4% -1.2% -1.0% -0.8% -0.6% -0.4% -0.2% 0.0% 0.2%

1-Year Moving Average

Storage Demand – Nationwide

3Q18 vs. 3Q17

August 2018 vs. July 2018

August 2018 vs. August 2017

Total Rental Activity

3.4%

1.1%

1.2%

Move-Ins

-7.8%

0.0%

-0.4%

Move-Outs

14.6%

2.0%

2.7%

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® 2018.

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