Self Storage Performance Quarterly Q4 2016

Self Storage Performance Quarterly

Market Conditions South Region Sample Size Total Facilities

Sample Size

% Sample

Southeast Southwest

6,792 1,506 22.2%

8,012 1,763 22.0% South Region 14,804 3,269 22.1%

Rental Rate Per Sq. Ft.

% Change

4Q15 4Q16

Rental Rates

Southeast Median

0.00% 2.00% 4.00% 6.00% 8.00% 10.00%

$0.8800 $0.9100 $0.9403 $0.9858

3.4% 4.8%

Average

Southwest Median

$0.8000 $0.8800 10.0%

Average

$0.8693 $0.9253

6.4%

South Region Median

Southeast

Southwest South Region

$0.8500 $0.9000 $0.9019 $0.9531

5.9% 5.7%

Median Average

Average

Physical Occupancy

Absolute Change

Average Physical Unit Occupancy

4Q15 4Q16

Southeast Median

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

85.0% 83.0% -2.0% 85.7% 84.4% -1.3%

Average

Southwest Median

83.0% 84.0% 1.0% 84.2% 84.8% 0.6%

Average

South Region Median

4Q14

4Q15

4Q16

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

Southeast

Southwest

South Region

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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