Self Storage Performance Quarterly Q3 2018

Self Storage Performance Quarterly

Market Conditions South Region Sample Size Total Facilities

Sample Size

% Sample

Southeast Southwest

6,928 1,494 21.6%

8,102 1,857 22.9% South Region 15,030 3,351 22.3%

Rental Rate Per Sq. Ft.

% Change

3Q17 3Q18

Rental Rates

Southeast Median

-2.00% -1.00% 0.00% 1.00% 2.00% 3.00%

$0.9700 $0.9900 $1.0267 $1.0306

2.1% 0.4%

Average

Southwest Median

$0.8900 $0.8900 $0.9189 $0.9057

0.0% -1.4%

Average

South Region Median

Southeast

Southwest South Region

$0.9000 $0.9000 $0.9686 $0.9633

0.0% -0.5%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

3Q17 3Q18

Southeast Median

82.00% 84.00% 86.00% 88.00% 90.00% 92.00%

91.0% 90.0% -1.0% 89.7% 89.9% 0.2%

Average

Southwest Median

90.0% 90.0% 0.0% 88.7% 89.3% 0.6%

Average

South Region Median

3Q16

3Q17

3Q18

90.0% 90.0% 0.0% 89.2% 89.6% 0.4%

South Region

Southeast

Southwest

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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