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STORAGE
Untitled Page Published: March 23, 2009



Strategic Storage Trust turns one continued ...

The SSTI-Penske alliance is value-based in that it offers SSTI-owned self-storage customers the convenience of moving truck rental directly on the premises.

The SSTI strategy identifies ideal self-storage properties nationwide for acquisition, in order to improve efficiency in a sector that is comparatively stable but fragmented among many smaller owner-operators.

U.S. Commercial LLC, the sponsor of SSTI, manages a growing portfolio of over five million square feet of commercial properties, including 3.2 million square feet of self-storage facilities, with a combined market value of over $588 million.  

“Our growth has been gratifying, to say the least,” says Schwartz. “In fact, based on the Self-Storage Almanac’s listing of top self storage operators from 2008, we believe US Commercial’s current assets under management have now reached levels that will place us in the top 25.” 

PAGE ONE

Ladera Ranch’s Strategic Storage drives business with Penske
Strategic Storage Plus closes purchase in Virginia
“OC METRO Minute,” March 16: Bethany Holdings lets go of apartment complexes
“OC METRO Minute,” March 12: Western National Property Management begins Layoff Protection Program