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Storage Equities was founded by Public Storage in 1980 [17] to purchase self-storage facilities. [9] It was one of 17 self-storage REITs that Public Storage held an interest in. [ 18 ] Between 1992 and 1995, Storage Equities paid Public Storage $31 million in management and consulting fees. [ 6 ]
Life Storage, Inc. was a real estate investment trust headquartered in Williamsville, New York, that invested in self-storage units. The company was previously known as Sovran Self Storage and Uncle Bob's Self Storage. The company completed a merger with Extra Space Storage in July 2023. [2]
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.
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