REITs

Update 3/19/21 – The merger between SSSR and SST IV has closed. The consolidated portfolio consists of approximately 22,500 storage units and six joint-venture properties...

The top shareholder for self-storage real estate investment trust (REIT) Public Storage Inc. was recently named in a list of America’s 20 wealthiest women. Tamara Gustavson, 60, the daughter of company cofounder B. Wayne Hughes, has an estimated...

Three publicly traded self-storage real estate investment trusts (REITs) were named on the 2021 list of “America's Best Midsize Employers” by “Forbes” magazine and data-research firm Statista. CubeSmart and Extra Space Storage Inc. were named in...

SmartStop Self Storage REIT Inc., which operates facilities in 19 U.S. states and Toronto, announced that Michael McClure will be retiring as CEO, effective April 15. Company founder and executive chairman H. Michael Schwartz will reassume the...

The five largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., Life Storage Inc., National Storage Affiliates Trust and Public Storage Inc.—have announced when and how they will...

SmartStop Self Storage REIT Inc., which operates 150 properties in 19 U.S. states and Toronto, has hired Kevin Friedman as director of acquisitions. He’ll be responsible for underwriting acquisitions for SmartStop and its affiliated companies, and...

Cherry Hill, N.J., officials are considering a solar garden that would be placed on the roof of a CubeSmart self-storage facility at 1820 Frontage Road. Rather than generate power for the storage property, energy would be put back into the grid...