Self Storage Performance Quarterly Q4 2016

Self Storage Performance Quarterly

Market Conditions East Region Sample Size Total Facilities

Sample Size

% Sample

Mideast Division

4,951

883 17.8%

Northeast Division

5,143 1,264 24.6%

East Region

10,094 2,147 21.3%

Rental Rate Per Sq. Ft.

% Change

Rental Rates

4Q15 4Q16

Mideast Division Median

6.00%

$1.0300 $1.0500 $1.0945 $1.1257

1.9% 2.9%

4.00%

Average

Northeast Division Median

2.00%

$1.1000 $1.1500 $1.2535 $1.2836

4.5% 2.4%

Average

0.00%

East Region Median

East Region Northeast

Mideast

$1.0900 $1.1100 $1.1755 $1.2062

1.8% 2.6%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

4Q15 4Q16

Mideast Division Median

82.00% 83.00% 84.00% 85.00% 86.00% 87.00%

84.8% 83.0% -1.8% 85.0% 84.9% -0.1%

Average

Northeast Division Median

85.0% 84.0% -1.0% 84.9% 84.4% -0.5%

Average

East Region Median

4Q14

4Q15

4Q16

85.0% 84.0% -1.0% 84.9% 84.6% -0.3%

East Region

Northeast

Mideast

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 ® 2016

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