Self Storage Performance Quarterly Q4 2019

Self Storage Performance Quarterly

South Region’s Divisional Performance 4Q19 vs. 4Q18

Southeast vs. Nationwide

Southwest vs. Nationwide

Southeast Division

Southwest Division

Nationwide

-3.2%

-2.6%

-1.0%

-2.2%

-1.6%

Asking Rental Rates

0.0%

0.4%

0.9%

-0.9%

-0.5%

Physical Occupancy

-4.3%

-2.4%

-1.0%

-3.3%

-1.4%

Rent per Available SF

Percent of Facilities Offering Concessions

60.5%

59.5%

56.8%

3.7%

2.7%

Effective Cost of Concessions Factor

7.2%

6.8%

6.5%

0.7%

0.3%

Source: Cushman & Wakefield, Inc.

West Region’s Divisional Performance 4Q19 vs. 4Q18

Pacific vs. Nationwide

Mountain vs. Nationwide

Mountain Division

Pacific Division

Nationwide

0.3%

3.9%

-1.0%

1.3%

4.9%

Asking Rental Rates

0.0%

1.0%

0.9%

-0.9%

0.1%

Physical Occupancy

-1.6%

3.3%

-1.0%

-0.6%

4.3%

Rent per Available SF

Percent of Facilities Offering Concessions

57.1%

57.4%

56.8%

0.3%

0.6%

Effective Cost of Concessions Factor

6.9%

7.1%

6.5%

0.4%

0.6%

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® 2020.

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