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Public Storage grew steadily in the early 2000s [20] and was added to the S&P 500 in 2005. [15] In 2006 it acquired Shurgard Storage Centers in a transaction totaling $5.5 billion, acquiring 624 locations, including 141 in Europe. [21] [22] Public Storage had attempted to acquire the company in 2000 and again in 2005, but its offers were rejected.
Self storage (a shorthand for "self-service storage," and also known as "device storage") is an industry that rents storage space (such as rooms, lockers, containers, and/or outdoor space), also known as "storage units," to tenants, usually on a short-term basis (often month-to-month). Self-storage tenants include businesses and individuals.
Mobile Mini container. Mobile Mini, Inc. is an American portable storage company founded in 1983 and based in Phoenix, Arizona. [1] [2]The company manufactures, leases, sells, and transports welded steel mobile storage containers, converted into storage units, guard shacks, and offices.
CubeSmart is a real estate investment trust that invests in self storage facilities in the United States. As of December 31, 2022, it owned 611 self storage properties in 24 states and the District of Columbia containing 44.1 million rentable square feet. [1] It is the 3rd largest self storage company in the United States.
The company was formed in 1990 as a division of Public Storage. [4]In 1998, the company was spun-off from its parent. [5]In 2002, the company acquired Metro Park North, a 17-building business park in Rockville, Maryland for $125 million.
The company operated out of its home office in Columbia, Missouri until it was acquired by Public Storage for $600 million in 1999. [2] [3] StorageMart came to public attention in the early 2000s by using non-traditional buildings to house its storage facilities, including the use of a 10-story mid-rise building in Miami, Florida. This allowed ...
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