Self Storage Performance Quarterly Q4 2016

Self Storage Performance Quarterly

Market Conditions Midwest Region Sample Size Total Facilities

Sample Size

% Sample

East North Central West North Central

7,112 1,274 17.9%

3,686

361

9.8%

Midwest Region

10,798 1,635 15.1%

Rental Rate Per Sq. Ft.

% Change

Rental Rates

4Q15 4Q16

East North Central Median

0.00% 2.00% 4.00% 6.00% 8.00%

$0.8000 $0.8600 $0.8545 $0.9020

7.5% 5.5%

Average

West North Central Median

$0.8500 $0.9000 $0.9040 $0.9430

5.9% 4.3%

Average

Midwest Region

East North Central

West North Central

Midwest Region Median

$0.8100 $0.8700 $0.8714 $0.9160

7.4% 5.1%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

4Q15 4Q16

East North Central Median

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

81.0% 82.0% 1.0% 83.1% 83.9% 0.8%

Average

West North Central Median

83.0% 83.0% 0.0% 84.2% 84.0% -0.2%

Average

Midwest Region Median

4Q14

4Q15

4Q16

81.0% 82.0% 1.0% 83.5% 83.9% 0.4%

Midwest Region

ENC WNC

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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