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Ending Same-Store Occupancy
Tracks the occupancy rate of stores that have been open for a consistent period, reflecting demand stability and the effectiveness of the company's pricing and marketing strategies.Occupancy moved from a pandemic high into a modest decline and then a steady, tight band with predictable mid-year upticks, signaling a mature, demand-stable portfolio with limited room to lift occupancy materially. That shifts the growth lever to pricing, ancillary fees, and new-store accretion rather than unit absorption. For investors, this metric suggests operational resilience but constrained organic upside—monitor management’s rate cadence, fee initiatives and local supply dynamics for the next meaningful lift in NOI.
Date | Ending Same-Store Occupancy |
|---|---|
Sep 30, 2026 | 94.00 |
Jun 30, 2026 | 94.20 |
Mar 31, 2026 | 93.00 |
Dec 31, 2025 | 93.10 |
Sep 30, 2025 | 93.70 |
Jun 30, 2025 | 94.60 |
Mar 31, 2025 | 93.40 |
Dec 31, 2024 | 93.70 |
Sep 30, 2024 | 94.30 |
Jun 30, 2024 | 94.30 |