Inside Self-Storage

Real Estate Investment Trust (REIT)

Strategic Storage Trust Announces Third-Quarter 2012 Financial Results

Strategic Storage Trust Inc., a publicly registered, non-traded real estate investment trust (REIT) investing in self-storage properties, announced its third-quarter 2012 financial results. The company had a 5.5 percent increase in same-store revenue and an 8.5 percent ...More
December 14, 2012
Posted in News, Finance, Real Estate
Compostella Self Storage in Chesapeake, Va., Sold for $3.5M

Campostella Self Storage in Chesapeake, Va., was recently sold for $3.45 million. The 675-unit, 70,600-square-foot facility will be immediately rebranded as Uncle Bob's Self Storage, as it will be managed by Sovran Self Storage Inc. ...More
December 14, 2012
Posted in News, Real Estate
Dispelling Competition Myths: REITs Discuss the Advantages They Bring to the Self-Storage Market

In a recent series of interviews, Inside Self-Storage asked industry real estate investment trusts (REITs) to comment on the advantages they bring to independent self-storage operators. This article includes comments from CubeSmart, Extra Space Storage and Public Storage ...More
December 13, 2012
Posted in Articles, Management
CubeSmart Announces 37.5 Percent Increase in Quarterly Dividend

CubeSmart has declared a quarterly dividend of $0.11 per common share for the period ending Dec. 31. The quarterly distribution represents an annualized dividend rate of $0.44 per share, a 37.5 percent increase from the previous annual rate of $0.32 per share. ...More
December 13, 2012
Posted in News, Finance
Uncles Bob's Self Storage Awards Houston Texans Fan in Twitter Trivia Contest

Uncle Bob’s Self Storage, the operating brand of Sovran Self Storage Inc., will award one football fan the “Ultimate Fancave” prize pack at Reliant Stadium on Dec. 23 to coincide with the Houston Texans Fan Appreciation game, which is also the Texan's final home game. The ...More
December 10, 2012
Posted in News, Management, Marketing
Extra Space Rolls Out Centershift Self-Storage Software at 900-Plus Facilities

Self-storage real estate investment trust Extra Space Storage Inc. has implemented Centershift Inc.'s Storage Enterprise rental-management software at all of its 900-plus facilities. After significant analysis, the self-storage operator decided to use Centershift's ...More
December 6, 2012
Posted in News
Extra Space Uses Tetris Game to Encourage Efficient Self-Storage Packing

For self-storage customers who dread the thought of neatly fitting items into their rented units, Extra Space Storage Inc. has released an infographic encouraging them to imagine their goods as Tetris game pieces, thereby better fitting them in tight spaces. ...More
December 4, 2012
Posted in News
Being Managed by a Self-Storage REIT: Executives Discuss the Benefits, Challenges and Transition Process

If you're an independent self-storage owner, you may be weighing the decision to hire a real estate investment trust to professionally manage your asset. What are the benefits, and what can you expect in terms of cost and service? In this article, REIT executives provide ...More
December 3, 2012
Posted in Articles, Management
W. P. Carey Buys 3 Florida Self-Storage Facilities for $25M

Real estate investment trust (REIT) W. P. Carey Inc. has acquired three Florida self-storage facilities from Safeguard Self Storage for approximately $25 million. The purchase was made through CPA: 17 Global, one of W.P. Carey’s publicly held, non-traded REIT affiliates. ...More
November 30, 2012
Posted in News, Real Estate
Extra Space Storage Now Offering Budget Truck Rental

Self-storage real estate investment trust Extra Space Storage Inc. is partnering with Budget Truck Rental LLC to offer the company’s vehicles at select facilities across the United States. In addition, a number of Budget Truck Rental facilities will be outfitted with an ...More
November 26, 2012
Posted in News, Management

featured links

HOT PICKS:

Real Estate Investment Trust (REIT)

ISS Poll

Most Popular Articles

Training Forum

Resources

Store Products

Free E-Mail Updates

featured links

First Name	Last Name
E-Mail