Inside Self-Storage - Real Estate Investment Trust (REIT)

U-Store-It Self-Storage Changes Corporate Headquarters

U-Store-It Trust has officially moved its headquarters from Cleveland to Wayne, Pa., according to a Tuesday regulatory filing. ...More

December 17, 2008

Posted in News

Locke Acquisition Represents Sovran in Purchase of Four Facilities

Angelo Tomasello and Peter Weimer of The Locke Acquisition Group LLC represented Sovran Self Storage Inc. in its acquisition of four self-storage facilities in Miami, Fla., Atlanta and Columbus, Ohio markets. Sovran will operate the properties under the Uncle Bob's Self ...More

December 16, 2008

Posted in News, Real Estate

Public Storage Appoints Gustavson to Board

Tamara Hughes Gustavson was appointed to Public Storage Board of Trustees in November 2008. ...More

December 16, 2008

Posted in News

Self-Storage Suffers the Least Loss Among REIT Sectors

Though the real estate investment trust (REIT) market is poised for big losses in 2008, the self-storage sector has performed the best, having dropped only 14.59 percent over last year. ...More

December 15, 2008

Posted in News, Real Estate

Strategic Storage Trust Buys U-Stor-It Facilities

Strategic Storage Trust Inc. (SSTI) purchased properties in Biloxi, Miss., and Gulf Breeze, Fla., from U-Stor-It LP for $10.7 million. The property transaction brings more than 1,300 storage units and 146,000 rentable square feet of storage space into SSTI’s budding ...More

December 4, 2008

Posted in News, Real Estate

InStorage REIT Considers Takeover, Canadian Storage Partners Extends Deadline

InStorage Real Estate Investment Trust of Canada is considering a takeover bid made by Canadian Storage Partners ULC, which has extended its offer deadline until Dec. 5, 2008. ...More

November 26, 2008

Posted in News

HFF Represents Hendry Investments in Sale of Portfolio

HFF representedHendry Investments Inc. in the sale of its 21-property self-storage portfolio in San Antonio, Texas, to Buffalo, N.Y.-based Sovran Self Storage Inc. for $143.4 million. The 14,589-unit portfolio consists of 21 facilities in Colorado, Florida, Kentucky, Ohio ...More

November 25, 2008

Posted in News, Real Estate

U-Store-It Rolls Out Nationwide Toys for Tots Campaign

More than 200 U-Store-It Self-Storage Centers across the country are making a difference in their local communities by participating in the U.S. Marine Corps Reserve Toys for Tots Program this holiday season. ...More

November 21, 2008

Posted in News

Self Storage Advisory Group Brokers Sale of Two StorageOne Facilities

Ryan Howse, Nate Hunterton and Richard Howard of Las Vegas-based Self Storage Advisory Group brokered the sale of two StorageOne facilities. Public Storage bought both properties during their initial lease-up. The two sites, sold separately, add 156,030 net rentable square ...More

November 14, 2008

Posted in News, Real Estate

Lee & Associates Represents Sellers in California Transactions

Self Storage Depot in Moreno Valley Ranch, Calif., sold for $7.55 million. The facility is comprised of 117,000 net rentable square feet of storage space and 850 units. The buyer, SecurCare, a privately held real estate corporation in Lone Tree, Colo., operates in ...More

November 4, 2008

Posted in News, Real Estate

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