Mini u storage auctions california,shed for small backyard nice,building plan review checklist - 2016 Feature

In the biggest self-storage deal so far this year, CubeSmart LP is buying three dozen facilities for $326.2 million from Private Mini Storage Inc. The CubeSmart deal caps off a particularly active October on the acquisition front in the self-storage industry.
The CubeSmart acquisition leaves Houston-based Private Mini Storage with five facilities, sources said.
CubeSmart is paying $257.9 million for 29 self-storage facilities in the Houston and Austin, TX, areas and one facility in the Charlotte, NC, area. CubeSmart is spending $68.3 million to buy six self-storage facilities in the Houston market. As described in a report from Bank of America Merrill Lynch analyst Jana Galan, CubeSmart has lined up an institutional investor to form a 50-50 joint venture that will be announced once the Private Mini Storage deal has been completed. The deal happened as CubeSmart prepares to release its third-quarter financial results (Nov.
According to a report from Macquarie Capital analyst Shahzeb Zakaria, CubeSmart outperformed the three other publicly trade self-storage REITs on two key measures in October: increases in occupancy and net rent.
CubeSmart’s 36-facility acquisition came at the end of a red-hot month for news about self-storage real estate deals. The price tag of the CubeSmart deal surpasses that of Public Storage Inc.’s purchase of 43 Morningstar Mini-Storage facilities for $315 million.
Chicago-based Harrison Street Real Estate Capital LLC and Matthews, NC-based Morningstar Properties Inc.
Glendale, CA-based Public Storage, the country’s largest self-storage REIT, said in October that it had purchased or planned to purchase a total of 88 facilities in eight states: California, Colorado, Florida, Georgia, North Carolina, South Carolina, Texas and Virginia. In a report released earlier this year, market research firm IBISWorld said it expected merger-and-acquisition activity in self-storage to pick up during the ongoing economic recovery.
Sonne said some real estate investors view self-storage as a “relatively safe” bet, thanks to a small pipeline of new development and strong growth in occupancy and income.
Kurt O’Brien, CEO of Simply Self Storage, bought three 21st Century Storage facilities—two in New Jersey and one in Maryland—for $21.3 million.

Austin, TX-based real estate investment firm World Class Capital Group LLC bought Memphis Mini Storage in Memphis, TN, from C-III Asset Management LLC of Irving, TX. The 474-unit, 60,000-square-foot facility is being converted to World Class Capital Group’s Great Value Storage brand. The 435-unit facility has been renamed South DeBary Self Storage, according to the Daytona Beach News-Journal. The new owner has kept Meridian Management Group as the facility’s manager and plans to spend more than $50,000 on property upgrades. Welcome.The Storage Facilitator is the modern self-storage professional's destination for useful education, intriguing news, diverse expert perspectives, technology updates, and beyond. Get our free white paperThe Four Pillars of Profitable Self-Storage Management is an in-depth resource that empowers facility owners and managers to get more out of your business and stay ahead. The information contained herein has been obtained from third parties and we cannot guarantee the accuracy or completeness of the information.
This amount includes seller specified US shipping charges as well as applicable international shipping, handling, and other fees. Estimated delivery dates - opens in a new window or tab include seller's handling time, origin ZIP Code, destination ZIP Code and time of acceptance and will depend on shipping service selected and receipt of cleared payment - opens in a new window or tab.
This item will be shipped through the Global Shipping Program and includes international tracking.
Will usually ship within 1 business day of receiving cleared payment - opens in a new window or tab. According to the most recent listing from Inside Self-Storage, the full 41-facility Private Mini Storage portfolio had about 20,300 units totaling 3 million square feet. The Public Storage deal, first reported by The Storage Facilitator, was announced in October. Problem is, there’s not enough product for sale,” said Chris Sonne, executive managing director of the Self Storage Industry Group at commercial real estate firm Cushman & Wakefield.
Now, with the improving economy, that growth is returning, and North Lanier will benefit immensely from that activity,” said Judith Bennett, senior vice president of Bull Realty’s National Self-Storage Group, which brokered the deal.

He first moved to Austin in 1999, when downtown Austin wasn't nearly as lively as it is today.
This white paper identifies major trends and best practices in rate management, occupancy analysis, rental contracts and profit management. We need styles that are quick and easy to maintain without having to wake up at the break of dawn every morning to get it right. The item may be missing the original packaging, or in the original packaging but not sealed.
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Securities and Exchange Commission (SEC), the self-storage REIT said it signed agreements Oct. CubeSmart will reap management fees on the 50 percent of the portfolio owned by the unidentified investor.
If you reside in an EU member state besides UK, import VAT on this purchase is not recoverable. The item may be a factory second or a new, unused item with defects.A See the sellera€™s listing for full details and description of any imperfections. Wayne, PA-based CubeSmart owns or manages more than 500 self-storage facilities in the U.S. All 36 facilities fall under the Private Mini Storage brand, industry sources told The Storage Facilitator.

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