Self Storage Performance Quarterly Q3 2019

Self Storage Performance Quarterly

The graph below reflects the net difference in the ratio since August 2017. 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 300,000± self- storage units found in 488± facilities SSDS tracks every month.

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

0.0%

-0.5%

-1.0%

-1.5%

-2.0%

-2.5%

1-Year Moving Average

Storage Demand – Nationwide

3Q19 vs. 3Q18

August 2019 vs. July 2019

August 2019 vs. August 2018

Total Rental Activity

6.5%

4.9%

-0.9%

Move-Ins

-3.2%

3.0%

-2.1%

Move-Outs

15.6%

6.5%

0.2%

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® 2019.

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