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[citation needed] On December 13, 2019, it was announced that the former Sears would be converted to a self-storage facility. [29] The mall went into default on its mortgage on January 20, 2020, and a judgement of foreclosure of $29.3 million was given. [30]
Self storage (a shorthand for "self-service 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.
Public Storage is an American international self storage company headquartered in Glendale, California, that is run as a real estate investment trust (REIT). It is the largest brand of self-storage services in the US. [2] In 2008, it was the largest of four publicly traded storage REITs. [3]
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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.
Simply Self Storage is a privately owned self-storage company in the United States. It has more than 100 operating self-storage facilities with over 8 million square feet of storage space combined. It has more than 100 operating self-storage facilities with over 8 million square feet of storage space combined.
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