Self Storage Performance Quarterly Q3 2019

Self Storage Performance Quarterly

South Region’s Divisional Performance 3Q19 vs. 3Q18

Southeast vs. Nationwide

Southwest vs. Nationwide

Southeast Division

Southwest Division

Nationwide

-4.0%

-4.5%

1.4%

-5.4%

-5.9%

Asking Rental Rates

0.9%

1.0%

1.0%

-0.1%

0.0%

Physical Occupancy

-3.1%

-4.7%

1.9%

-5.0%

-6.6%

Rent per Available SF

Percent of Facilities Offering Concessions

56.7%

55.9%

53.4%

3.3%

2.5%

Effective Cost of Concessions Factor

6.8%

7.1%

6.5%

0.3%

0.6%

Source: Cushman & Wakefield, Inc.

West Region’s Divisional Performance 3Q19 vs. 3Q18

Pacific vs. Nationwide

Mountain vs. Nationwide

Mountain Division

Pacific Division

Nationwide

5.3%

4.8%

1.4%

3.9%

3.4%

Asking Rental Rates

-1.0%

0.0%

1.0%

-2.0%

-1.0%

Physical Occupancy

2.7%

3.8%

1.9%

0.8%

1.9%

Rent per Available SF

Percent of Facilities Offering Concessions

55.4%

56.1%

53.4%

2.0%

2.7%

Effective Cost of Concessions Factor

6.5%

6.9%

6.5%

0.0%

0.4%

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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