Self Storage Performance Quarterly Q4 2016

Self Storage Performance Quarterly

South Region’s Divisional Performance Q4 16 vs. Q4 15 Southeast Division Southwest

Southeast vs. Nationwide

Southwest vs. Nationwide

Division Nationwide

Asking Rental Rates

3.4% 10.0% 5.3% -1.9%

4.7%

Physical Occupancy

-2.0%

1.0% -0.2% -1.8%

1.2%

Rent per Available SF

3.2% 14.6% 7.0% -3.8%

7.6%

Percent of Facilities Offering Concessions

64.1% 59.4% 65.2% -1.1% -5.8%

Effective Cost of Concessions Factor

6.6%

6.2%

6.9% -0.3% -0.7%

Source: Cushman & Wakefield, Inc.

West Region’s Divisional Performance Q4 16 vs. Q4 15 Pacific Division Mountain Division

Pacific vs. Nationwide

Mountain vs. Nationwide

Nationwide

Asking Rental Rates

3.8%

4.3% 5.3% -1.5% -1.0%

Physical Occupancy

0.0% -3.0% -0.2% 0.2% -2.8%

Rent per Available SF

5.8%

1.9% 7.0% -1.2% -5.1%

Percent of Facilities Offering Concessions

74.0% 62.6% 65.2% 8.8% -2.6%

Effective Cost of Concessions Factor

7.3%

7.3%

6.9% 0.4%

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 ® 2016

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