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CubeSmart starts storage-by-the-bin service

CubeSmart starts storage-by-the-bin service

Alexander Harris January 14, 2014 5

  It isn’t just startups offering valet-style storage services. CubeSmart LP, a publicly traded self-storage REIT, has quietly launched a new service in Manhattan offering pickup, delivery and storage of plastic bins full of

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Uncle Bob’s spends nearly $100 million on acquisitions

Uncle Bob’s spends nearly $100 million on acquisitions

Alexander Harris January 13, 2014 0

After a relatively quiet period on the acquisition front, Sovran Self Storage Inc. has spent $98.7 million to buy seven facilities since October. The seven self-storage facilities, which span more than 575,000 square feet,

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Public Storage float wins Rose Parade award

Public Storage float wins Rose Parade award

John Egan January 2, 2014 1

For Public Storage Inc., the first time was the charm. The self-storage REIT’s inaugural entry in the annual Rose Parade grabbed the Grand Marshal’s Award, which recognizes “excellence in creative concept and design.” Public

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Chris Marr transitions into CEO role at CubeSmart

Chris Marr transitions into CEO role at CubeSmart

Alexander Harris December 26, 2013 5

Effective Jan. 1, there’s a new top boss at CubeSmart LP. Chris Marr is taking over from Dean Jernigan as CEO of the publicly traded self-storage REIT. Jernigan had been CEO of CubeSmart since

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Self-storage acquisitions: Will 2014 be a repeat of 2013?

Self-storage acquisitions: Will 2014 be a repeat of 2013?

Alexander Harris December 18, 2013 0

2013 will go down as a record-setting year for self-storage acquisitions, with more than $2 billion in deals set to be on the books by the end of December. Low interest rates and a

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Biggest deal of the year: Public Storage buys 44 Stor-All facilities for $430 million

Biggest deal of the year: Public Storage buys 44 Stor-All facilities for $430 million

Alexander Harris December 16, 2013 2

In the largest U.S. self-storage portfolio acquisition of 2013 and the second-largest ever, self-storage REIT Public Storage Inc. has purchased all 44 of Stor-All Storage’s existing facilities for $430 million, The Storage Facilitator has

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New York firm shoots for status as self-storage REIT

New York firm shoots for status as self-storage REIT

Alexander Harris November 26, 2013 0

A New York investment firm is on the path toward becoming a publicly traded self-storage REIT. Self Storage Group Inc. is the new name for the New York company formerly known as Global Income

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CubeSmart won’t be ‘significant disposer’ of assets in foreseeable future

CubeSmart won’t be ‘significant disposer’ of assets in foreseeable future

Kerry Curry November 11, 2013 0

Self-storage REIT CubeSmart LP definitely has been in buy-and-sell mode in 2013. So far this year, CubeSmart has purchased 15 facilities for $148.5 million while shedding 35 facilities for $126.4 million. It’s also under

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Public Storage heads toward $1 billion in acquisitions for 2013

Public Storage heads toward $1 billion in acquisitions for 2013

Beth Mattson-Teig November 7, 2013 0

Public Storage has gone on a big shopping spree in 2013. The Glendale, CA-based self-storage REIT closed on $716 million in acquisitions during the first 10 months of this year, and that volume is

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Sovran envisions ‘heightened’ acquisition activity

Sovran envisions ‘heightened’ acquisition activity

Kerry Curry November 6, 2013 0

Sovran Self Storage Inc. foresees brisk acquisition activity for the rest of 2013 and into 2014. During the quarter ended Sept. 30, the self-storage REIT bought three facilities for $28 million: two on Long

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