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Sovran Self Storage Announces Acquisition Of LifeStorate For $1.3 Billion
Thursday, May 19, 2016 - 9:26am | 185Read More...Sovran Self Storage Inc (NYSE: SSS), a self storage real estate investment trust (REIT), announced on Thursday it has agreed to acquire LifeStorage LP, a privately-owned self storage operator, for $1.3 billion in cash. LifeStorage is the sixth-largest private owner and operator of self storage...
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One Of 2015's Largest Self-Storage Transactions Just Closed: What REIT Investors Should Know
Tuesday, January 5, 2016 - 4:17pm | 425Read More...One of 2015's largest sales in the self-storage property market has its roots in Michigan. Located in Farmington Hills outside of Detroit, Storage Pros Management LLC recently completed the sale of $242.5 million worth of properties to a joint venture led by a major institutional investment...
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Ramond James On Storage REITs: Public Storage Upgraded, Sovran Self Storage Downgraded, CubesSmart Top Pick
Friday, September 4, 2015 - 9:23am | 490Read More...In a report published Friday, Raymond James analyst Jonathan Hughes discussed the self-storage REIT sector, noting that operating results for the group set new records for occupancy and same-store NOI growth in the second quarter. Hughes said year-to-date total returns for the storage sector...
