Self Storage Performance Quarterly Q3 2018

Self Storage Performance Quarterly

Market Conditions Midwest Region Sample Size Total Facilities

Sample Size

% Sample

East North Central West North Central

7,078 1,315 18.6%

3,700

397 10.7%

Midwest Region

10,778 1,712 15.9%

Rental Rate Per Sq. Ft.

% Change

Rental Rates

3Q17 3Q18

Midwest Region

East North Central

West North Central

East North Central Median

0.00% 1.00% 2.00% 3.00% 4.00% 5.00%

$0.8550 $0.8900 $0.9063 $0.9193

4.1% 1.4%

Average

West North Central Median

$0.9200 $0.9500 $0.9616 $1.0002

3.3% 4.0%

Average

Midwest Region Median

$0.8800 $0.9000 $0.9253 $0.9471

2.3% 2.4%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

3Q17 3Q18

East North Central Median

75.00% 80.00% 85.00% 90.00% 95.00%

87.0% 90.0% 3.0% 87.8% 88.8% 1.0%

Average

West North Central Median

92.0% 91.2% -0.8% 91.5% 90.4% -1.1%

Average

Midwest Region Median

3Q16

3Q17

3Q18

90.0% 90.0% 0.0% 89.1% 89.4% 0.3%

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® 2018.

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