Self-Storage Real Estate Investment Trusts: Financial-Results Summary for Third Quarter 2011
The four publicly traded self-storage companies—CubeSmart, Extra Space Storage, Public Storage and Sovran Self Storage—recently released their financial results for the third quarter of 2011, addressing issues of revenue, net operating income (NOI), acquisitions, consolidation and much more. The following slide presentation, contributed by MJ Partners Real Estate Services, summarizes and analyzes the performance of these self-storage real estate investment trusts (REITs). In addition to earnings, data covers occupancy, same-store revenue, same-store NOI, same-store occupancy, and average rent per occupied square foot. The presentation also details recent investment activity, balance sheets, and other points of interest such as market capitalization, funds from operations, quarterly dividend and common stock price.
To read more about the self-storage REITs, visit our dedicated topics page, which includes information about REIT results, events, community work and more.
Headquartered in Chicago, MJ Partners is a full-service real estate brokerage and investment banking company specializing in commercial real estate, mortgage banking and consulting services. The company's clients include major financial institutions, private equity funds, REITs, opportunity funds, insurance companies, pension-fund advisors, corporations, private developers and entrepreneurial businesses. Its principals have completed more than $2 billion in transactions nationwide since 1993.

