Self-Storage REIT Public Storage Names Google Exec as New Trustee
Aug 01, 2019
Public Storage Inc., a publicly traded self-storage real estate investment trust and third-party management firm, has appointed Google executive Tariq M. Shaukat to its board of trustees. Shaukat, 47, officially joined the board on July 30...
Former CubeSmart Self-Storage Employee Arrested for Burglarizing the Facility Where He Worked
Aug 01, 2019
Michael Warren, a former employee of a Joliet, Ill., CubeSmart self-storage facility, faces burglary charges after admitting to police that he broke into the property’s main office on June 2. Authorities were called to the property at 305 South...
Self-Storage REITs Schedule Conference Calls to Discuss 2Q 2019 Financial Results
Jul 16, 2019
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...
Self-Storage REIT Life Storage Sells 32 Facilities to Inland Real Estate Affiliate
Jul 11, 2019
Life Storage Inc., a self-storage real estate investment trust and third-party management company, has sold 32 facilities to an affiliate of The Inland Real Estate Group of Cos. Inc., a commercial real estate and finance firm. The properties are...
Extra Space Storage CEO Honored With 2019 ‘Employees’ Choice Award’ by Glassdoor
Jun 21, 2019
Joe Margolis, CEO of Extra Space Storage Inc., a self-storage real estate investment trust (REIT) and third-party management company, was awarded a 2019 “Employees’ Choice Award” from Glassdoor, a job and recruiting website. The annual honor...
W. P. Carey, Extra Space Strike Net-Lease Deal on 36 Self-Storage Facilities
Jun 10, 2019
W. P. Carey Inc., a global net-lease real estate investment trust (REIT) that owns more than 100 self-storage facilities nationwide, has signed a 25-year, triple-net-lease agreement for 36 storage properties with Extra Space Storage Inc., a...
Self-Storage REIT Life Storage Names Several New Directors
Jun 07, 2019
Life Storage Inc., a self-storage real estate investment trust and third-party management company, has named three new directors. The appointments include one promotion and two new hires...
Self-Storage REIT NSAT Announces Executive Management Transition
May 29, 2019
National Storage Affiliates Trust (NSAT), a Maryland real estate investment trust (REIT) specializing in self-storage, has announced several executive management changes to go into effect on Jan. 1. CEO and chairman of the board Arlen Nordhagen...
Self-Storage REITs Release Financial Results for First-Quarter 2019
May 06, 2019
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 released financial statements...
Self-Storage REIT Extra Space Storage Named One of America’s Best Employers by ‘Forbes’
Apr 24, 2019
Extra Space Storage Inc., a publicly traded self-storage real estate investment trust (REIT) and third-party management firm, has been named on the 2019 list of “America's Best Midsize Employers” by “Forbes” magazine. The REIT ranked 194 out of...
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