Companies and Products

Update 2/20/23 – The Life Storage board of directors has unanimously rejected the takeover bid by Public Storage, saying the all-stock offer “significantly undervalues Life Storage and its prospects for future growth and value creation.” The board...

Shurgard Self Storage SA, the European affiliate of U.S.-based real estate investment trust Public Storage Inc., was one of 20 companies selected to be part of the new BEL ESG index launched by Euronext to track Brussels-listed companies that...

Tenant Inc., a developer of real estate technology, has acquired Storelocal, a private membership program of independent self-storage operators. The combined company will have the backing of more than 200 self-storage investors and 1,500...

Janus International Group, a global manufacturer and supplier of building solutions and technology for the self-storage industry, has made organizational changes to its Nokē Inc. division, which creates smart-technology locking solutions...

Store Space Self Storage, which operates more than 100 facilities, hired JC Reed as vice president of operations. As the company continues to expand via third-party management, joint ventures, acquisitions and new construction, Reed and the...

Absolute Storage Management (ASM), a self-storage owner and property-management firm, has announced its operating results for the fourth quarter and year that ended Dec. 31. The company increased same-store revenue by 6.5% for the quarter compared...

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...