Inside Self-Storage

Real Estate Investment Trust (REIT)

Self-Storage Businesses May Benefit From Hurricane Sandy, Some Facilities Offer Temporary Relief

As emergency damage assessments begin to tally in the wake of Hurricane Sandy, self-storage operators near homes and businesses affected by the storm are readying for an increase in unit rentals. In some instances, self-storage operators are offering storm victims free use ...More
October 31, 2012
Posted in News
Uncle Bob’s Self Storage Sponsors Minor-League Hockey Rivalry Series in Texas

Uncle Bob’s Self Storage is the title sponsor of a new season-series event between the Allen Americans and Fort Worth Brahmas of the Central Hockey League. The Uncle Bob’s Metroplex Rivalry is designed to create a little extra sizzle in the growing rivalry between the two ...More
October 29, 2012
Posted in News, Management, Marketing
Extra Space Storage CEO to Speak at REITWorld 2012

Spencer Kirk, CEO of Extra Space Storage Inc., a self-storage real estate investment trust (REIT), will be a panelist during a general session on consumer-oriented real estate owners as part of the REITWorld 2012 convention in San Diego, Nov. 13-15. ...More
October 24, 2012
Posted in News
Managers, What Do You Think of the REITs?

As a self-storage manager, you may feel like your “voice” isn’t heard some days. Maybe ownership didn’t ask for your input about a upcoming project, marketing strategy or even whether the facility needs a software upgrade. Regardless, there are likely going to be days when ...More
October 24, 2012
Posted in Blog, Management
Self-Storage REITs to Release 3Q 2012 Financial Results, Conference Calls Announced

The four U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Public Storage Inc. and Sovran Self Storage Inc.—have announced when and how they will reveal their earnings statements for the fiscal quarter that ended Sept. 30. ...More
October 22, 2012
Posted in News, Finance
Self-Storage REIT Public Storage Buys Arizona Facility for $3M

Public Storage Inc., a self-storage real estate investment trust, has purchased a facility from Val Vista Storage LLC in Mesa, Ariz., for $3 million. ...More
October 17, 2012
Posted in News, Real Estate
Strategic Storage Trust Adds 2 Self-Storage Facilities in Georgia and South Carolina for $11.4M

Strategic Storage Trust Inc., a publicly registered, non-traded real estate investment trust (REIT) investing in self-storage properties, has acquired two facilities in Georgia and South Carolina for $11.4 million. ...More
October 11, 2012
Posted in News, Real Estate
A Self-Storage REIT Touts Tech Prowess, Managers Champion the Human Element

Is technology the self-storage game-changer Extra Space President Spencer Kirk professed it to be in a recent interview? Feedback from members of the Self-Storage Talk online community champions the human element over technological drivers. ...More
October 3, 2012
Posted in Blog, Technology
Sovran Self Storage Announces Third-Quarter 2012 Stock Dividend

Amherst, N.Y.-based real estate investment trust Sovran Self Storage Inc., which operates the Uncle Bob’s Self Storage brand, will pay its shareholders a quarterly dividend of $.45 per share of common stock for the third quarter of 2012 that ended Sept. 30. The dividend ...More
October 2, 2012
Posted in News, Finance
Sovran Self Storage Buys 9 Facilities in Four States for $55M

Sovran Self Storage Inc., a real estate investment trust operating under the Uncle Bob’s Self Storage brand name, recently acquired nine self-storage facilities in four states for $54.7 million. ...More
October 1, 2012
Posted in News, Real Estate

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