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TRUE STORAGE OPENS FOOD LION CONVERSION SELF STORAGE FACILITY CONVERSION IN CONYERS, GA

TRUE STORAGE OPENS FOOD LION CONVERSION SELF STORAGE FACILITY CONVERSION IN CONYERS, GA

Conyers, GA – Located at 994 Oglesby Bridge Rd SE, True storage completed its 25th Class A self-storage facility in Conyers, GA earlier this month. The conversion project showcases True Storage’s expertise in transforming underutilized properties into state-of-the-art storage facilities that serve a public need. Day-to-day operations will be managed by CubeSmart, while True Storage retains ownership of the property.

This conversion project features over 80,000 net rentable square feet throughout 969 units of varying sizes, all of which are climate controlled.  Formerly a Food Lion grocery store, this site includes a Dollar Tree and a Goodwill.

True Storage completed its first facility in Georgia earlier this year about 2 hours South of this location in Columbus. Together the two Georgia properties offer over 145,000 rentable sqft of state of the art self-storage space. This completion is True Storages 9th completion of the year and takes the current portfolio to 20 open locations, which are all managed by 3rd parties. 

“This conversion is an exciting expansion of our Georgia portfolio, and is a true showcase of our teams ability to transform a property said Chris Lewis, Director of Architecture & Design for True Storage. “We are excited to be part of the Conyers community and have enjoyed working with local contractors and City Officials throughout the entire development process.”

CubeSmart customers will find, that this location has convenient access to Route 20 and is surrounded by several national retailers and restaurants. This site will feature flexible hours, 24-hour interior and exterior video surveillance, security access to the unit, an assortment of unit sizes, covered loading bay, and high-end finishes throughout the facility.

True Storage, a self-storage developer that focuses on bringing value and lifestyle experiences to communities across the country, has proudly developed several other Class A facilities in Massachusetts, New Hampshire, Maine, Georgia, Rhode Island, Florida, Indiana, Connecticut, Wisconsin, Illinois, New York, and Kentucky. In addition to breaking ground on facilities in Michigan, Ohio, New York, Florida, and throughout the New England area, with a dozen more in the pipeline.

About True Storage

True Storage, a national self-storage developer, produces premium Class A storage space through conversions and ground-up construction. Through partnerships with national self-storage companies, the facilities are managed and operated, meeting customer and community expectations for quality and service. For more information visit, truestorage.com.

About CubeSmart

CubeSmart is a self-administered and self-managed real estate company focused on the ownership, operation, acquisition, and development of self-storage facilities in the United States. Our self-storage facilities are designed to offer affordable, easily accessible storage space for residential and commercial customers. As a national owner and operator, we continually enhance our business by applying our management expertise and best practices to each facility. For more information visit, Cubesmart.com

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TRUE STORAGE NAMED IN TOP 100 SELF STORAGE FACILITY OWNERS 2023

TRUE STORAGE NAMED IN TOP 100 SELF STORAGE FACILITY OWNERS 2023

Manchester, NH – True Storage ranked #87 out of 100 of the top self-storage facility owners in the country, published by Inside Self Storage in their 2023 round up. 

Since inception in 2019 we have completed 24 sites — five ground-up and 19 conversions — across 15 states. The 24 completed sites account for 1,592,204 net rentable SF of industry leading storage space comprised of 15,595 units. Our construction pipeline includes 20 projects, and is projected to deliver 1,433,629 net rentable SF once completed. 

Our current active portfolio, as of December 2023, consists of more than 3 million net rentable SF, and nearly 32,000 units. Rapid growth over the last five years has put True Storage on the map as the 87th largest storage owner in the United States according to ISS.

About True Storage

True Storage, a national self-storage developer, produces premium Class A storage space through conversions and ground-up construction. Through partnerships with national self-storage companies, the facilities are managed and operated, meeting customer and community expectations for quality and service. For more information visit, truestorage.com.

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TRUE STORAGE OPENS 55,000 RENTABLE SF FLINT, MI SELF STORAGE CONVERSION DEVELOPMENT

TRUE STORAGE OPENS 55,000 RENTABLE SF FLINT, MI SELF STORAGE CONVERSION DEVELOPMENT

Flint, MI – True Storage opened its 24th Class A self-storage facility earlier this month located at 3711 Lapeer Rd in Flint, MI. This site was previously home to a 70,000 sqft farmer Jacks grocery store, which closed its doors in 2007. The True Storage construction team delivered the completed project in late September 2023 bringing the deteriorating building back to functional beauty. Day-to-day operations will be managed by CubeSmart, while True Storage retains ownership of the property.

The big box conversion features nearly 55,000 rentable sqft across 638 units of varying sizes, all of which are climate controlled. The foyer of the building features a brand-new modernized office/retail space for CubeSmart to run their operations.

“With the site being anchored next to the Ashley Home Outlet and Directly on Lapeer Road, we feel that this development will bring new value to Flint and other surrounding retailers.” Said Chris Lewis, Director of Architecture & Design for True Storage. “The town of Flint was a pleasure to work with and we are excited to offer our services to local individuals and businesses.

This site is perfectly located right off Route 69 for Cubesmart customers and is a true showcase of True Storages ability to revitalize a property. This site will feature flexible hours, 24-hour interior and exterior video surveillance, security access to the unit, an assortment of unit sizes, covered loading bay, and high-end finishes throughout the facility.

True Storage, a self-storage developer that focuses on bringing value and lifestyle experiences to communities across the country, has proudly developed several other Class A facilities in Massachusetts, New Hampshire, Maine, Georgia, Rhode Island, Florida, Indiana, Connecticut, Wisconsin, Illinois, New York, and Kentucky. In addition to breaking ground on facilities in Michigan, Ohio, New York, Florida, and throughout the New England area, with a dozen more in the pipeline.

About True Storage

True Storage, a national self-storage developer, produces premium Class A storage space through conversions and ground-up construction. Through partnerships with national self-storage companies, the facilities are managed and operated, meeting customer and community expectations for quality and service. For more information visit, truestorage.com.

About CubeSmart

CubeSmart is a self-administered and self-managed real estate company focused on the ownership, operation, acquisition, and development of self-storage facilities in the United States. Our self-storage facilities are designed to offer affordable, easily accessible storage space for residential and commercial customers. As a national owner and operator, we continually enhance our business by applying our management expertise and best practices to each facility. For more information visit, cubesmart.com.

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True Storage Donates $1,000 to The Monroe County Historical Society

True Storage Donates $1,000 to The Monroe County Historical Society

Ben Kfoury and Jacob Fuller from the True Storage team joined
with members of the Monroe County Historical Society to celebrate the grand
opening of True Storages new location in Monroe Michigan. In celebration of our
grand opening of our new facility in Monroe, True Storage presented the Monroe County
Historical Society with a $1,000 donation. The members of the historical
society were able to share stories of their towns redevelopment history and
were thrilled to hear about True Storages investment in redeveloping a local property
that had fallen into disrepair.

About The Monroe Historical: The Society was founded in 1938
by a group of citizens who recognized Monroe as special, perhaps even important.
They sought to safeguard the past and build upon the future. More than 75 years
later, MCHS is proud of its ongoing work in and around Monroe. We remain
dedicated to bridging yesterday with today, and thanks to the collective
efforts of others, have created cultural centers, restored buildings, achieved
national recognition for the site of the 1813 Battle of Frenchtown, and
preserved sites that otherwise would have perished. In short, we have met the
challenge of those who, decades earlier, asked that we claim Monroe’s story for
all to share. 

To learn more visit https://www.monroecountyhistoricalsocietymi.org/

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TRUE STORAGE OPENS DICKS SPORTING GOODS SELF STORAGE FACILITY CONVERSION IN AKRON, OH

TRUE STORAGE OPENS DICKS SPORTING GOODS SELF STORAGE FACILITY CONVERSION IN AKRON, OH

Akron, OH – Located at 1990 Buchholzer Blvd, True storage completed its 23rd Class A self-storage facility in Akron, OH earlier this month. The conversion project showcases True Storage’s expertise in transforming underutilized properties into state-of-the-art storage facilities that serve a public need. Day-to-day operations will be managed by CubeSmart, while True Storage retains ownership of the property.

This conversion project features 74,833 rentable square feet throughout 822 units of varying sizes, all of which are climate controlled. This site was originally a Dick’s Sporting goods store, and most recently was a former MAAK Furniture store.

“This conversion is perfectly located on Buchholzer Blvd, and is a true showcase of our teams ability to transform a property said Chris Lewis, Director of Architecture & Design for True Storage. “We are excited to be part of the Akron community and have enjoyed working with Akron contractors and City Officials throughout the entire development process.”

CubeSmart customers will find, that this location has convenient access to Route 59, located right off Exit 4 and is surrounded by several national retailers and restaurants. This site will feature flexible hours, 24-hour interior and exterior video surveillance, security access to the unit, an assortment of unit sizes, covered loading bay, and high-end finishes throughout the facility.

True Storage, a self-storage developer that focuses on bringing value and lifestyle experiences to communities across the country, has proudly developed several other Class A facilities in Massachusetts, New Hampshire, Maine, Georgia, Rhode Island, Florida, Indiana, Connecticut, Wisconsin, Illinois, New York, and Kentucky. In addition to breaking ground on facilities in Michigan, Ohio, New York, Florida, and throughout the New England area, with a dozen more in the pipeline.

About True Storage

True Storage, a national self-storage developer, produces premium Class A storage space through conversions and ground-up construction. Through partnerships with national self-storage companies, the facilities are managed and operated, meeting customer and community expectations for quality and service. For more information visit, truestorage.com.

About CubeSmart

CubeSmart is a self-administered and self-managed real estate company focused on the ownership, operation, acquisition, and development of self-storage facilities in the United States. Our self-storage facilities are designed to offer affordable, easily accessible storage space for residential and commercial customers. As a national owner and operator, we continually enhance our business by applying our management expertise and best practices to each facility. For more information visit, cubesmart.com.

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True Storage Presents Keep Akron Beautiful a $1,000 Donation Akron, OH

True Storage Presents Keep Akron Beautiful a $1,000 Donation Akron, OH

Jacob Fuller the Operations Manager of the True storage team headed to Akron, OH to present a donation to Keep Akron Beautiful. Jacob was joined by Executive Director and CEO, Jacqui Ricchiuti and Emma Segedy, Community Outreach Manager of Keep Akron Beautiful to celebrate at our soon to open Cubesmart facility in Akron, OH. Giving back to the communities we develop in has become a tradition of ours at the end of each of our projects. We are honored to support Keep Akron Beautifuls’ mission in improving the Akron community. 

About Keep Akron Beautiful:  Keep Akron Beautiful was established in 1981 to implement a comprehensive litter prevention, recycling promotion and beautification program for the City of Akron. The organization develops and implements public education and community improvement programs on litter prevention, recycling, graffiti ratification, waste management and beautification to encourage citizens to take pride in Akron by participating in these activities. The organization envisions a litter free Akron, where all citizens and businesses take responsibility for the beautification of their community.  For more information about Keep Akron Beautiful and to learn how to donate, visit https://www.keepakronbeautiful.org/ 

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TRUE STORAGE OPENS GROUND UP 88,800 RENTABLE SF SELF STORAGE FACILITY IN METHUEN, MA

TRUE STORAGE OPENS GROUND UP 88,800 RENTABLE SF SELF STORAGE FACILITY IN METHUEN, MA

Methuen, MA – True Storage recently opened its 22nd Class A self-storage facility in Methuen, MA on August 17th. Located at 14 Calumet Road, this project showcases True Storage’s dedication to quality and focus on delivering state of the art Class A storage facilities. Day-to-day operations will be managed by CubeSmart, while True Storage retains ownership of the property.

This ground up development features 88,835 net rentable square feet throughout 956 units of varying sizes to accommodate local individuals and businesses storage needs. True Storage obtained the 6.2-acre property in November of 2020 after receiving unanimous approval from the Methuen development board in September 2020.

“This state-of-the-art Class A development is a showcase of our teams hard work and focus on delivering best in class industry leading properties, that truly improve communities” said Chris Lewis, Director of Architecture & Design for True Storage. “We are excited to be part of the Methuen community and have enjoyed working with Methuen City Officials throughout the entire development process.”

CubeSmart customers will find, that this location has convenient access to Route 495, located right off Exit 104 and is surrounded by several national retailers and restaurants. This site will feature flexible hours, 24-hour interior and exterior video surveillance, security access to the unit, an assortment of unit sizes, covered loading bay, and high-end finishes throughout the facility.

“It has given me great pleasure and pride to work on our largest new build storage facility to date” said Thomas Remmes, Construction Project Manager for True Storage. “The team we have put together with all the sub-contractors have made these projects successful time after time. There is no time for rest though, we still have over two-million sf of projects under construction and looking to open at least a half dozen more by the years end! Every day is a new adventure and excited at all the opportunities we have to build new buildings and convert old abandoned properties to give them life again.”

True Storage, a self-storage developer that focuses on bringing value and lifestyle experiences to communities across the country, has proudly developed several other Class A facilities in Massachusetts, New Hampshire, Maine, Georgia, Rhode Island, Florida, Indiana, Connecticut, Wisconsin, Illinois, New York, and Kentucky. In addition to breaking ground on facilities in Michigan, Ohio, New York, Florida, and throughout the New England area, with a dozen more in the pipeline.

About True Storage

True Storage, a national self-storage developer, produces premium Class A storage space through conversions and ground-up construction. Through partnerships with national self-storage companies, the facilities are managed and operated, meeting customer and community expectations for quality and service. For more information visit, truestorage.com.

About CubeSmart

CubeSmart is a self-administered and self-managed real estate company focused on the ownership, operation, acquisition, and development of self-storage facilities in the United States. Our self-storage facilities are designed to offer affordable, easily accessible storage space for residential and commercial customers. As a national owner and operator, we continually enhance our business by applying our management expertise and best practices to each facility. For more information visit, cubesmart.com.

 

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TRUE STORAGE OPENS 21ST FACILITY IN MONROE, MI

TRUE STORAGE OPENS 21ST FACILITY IN MONROE, MI

Monroe, MI  – True Storage recently opened its 21st Class A self-storage facility in Monroe, MI on August 14th. Located at 1290 N Monroe St, this project showcases True Storage’s dedication to revitalizing underutilized properties and delivering state of the art Class A storage facilities. Day-to-day operations will be managed by Pogoda doing business as National Self-Storage, while True Storage retains ownership of the property.

This Conversion development features 72,302 net rentable square feet throughout 782 units of varying sizes to accommodate local individuals and businesses storage needs. Formerly a Kmart retail store this project is the company’s first development completed in Michigan, and the first Kmart True Storage has transformed. True Storage obtained the property in April 2022 and begun construction shortly after.

“We recognized the need for climate-controlled storage in the community and saw this Big Box Retail location being perfectly positioned for local businesses and individuals seeking storage” said Chris Lewis, Director of Architecture & Design for True Storage. “The town of Monroe was pleasure to deal with throughout our building and permitting process. We are proud to deliver another top-quality facility that repurposes an underutilized property.”

Located in close proximity to North Telegraph Road this facility is surrounded by national retailers, restaurants and the Mall of Monroe, allowing for great accessibility for businesses and individuals seeking storage solutions. This site will feature flexible hours, 24-hour interior and exterior video surveillance, security access to the unit, an assortment of unit sizes, covered loading bay, and high-end finishes throughout the facility.

True Storage, a self-storage developer that focuses on bringing value and lifestyle experiences to communities across the country, has proudly developed several other Class A facilities in Massachusetts, New Hampshire, Maine, Georgia, Rhode Island, Florida, Indiana, Connecticut, Wisconsin, Illinois, New York, and Kentucky. In addition to breaking ground on facilities in Michigan, Ohio, New York, Florida, and throughout the New England area, with a dozen more in the pipeline.

About True Storage

True Storage, a national self-storage developer, produces premium Class A storage space through conversions and ground-up construction. Through partnerships with national self-storage companies, the facilities are managed and operated, meeting customer and community expectations for quality and service. For more information visit, truestorage.com.

About Pogoda Companies

 

Pogoda Companies delivers service and creative solutions to help client’s self-storage property reach its maximum potential by offering turn-key management of day-to-day operations. We are one of the largest self-storage operators in the U.S., with 4.35 million square feet of self-storage space under management and ownership in 68 Locations, and a recognized leader in the self-storage industry. Since 1987 our focus has been on self-storage allowing us to provide unparalleled experience and expertise. To learn more, check out https://pogodaco.com/

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True Storage 1H 2023 Update

True Storage 1H 2023 Update

True Storage 1H 2023 Portfolio Update

Completions

In the first half of 2023 True Storage delivered a total of 243,996 net rentable square feet across 4 facilities. The first completion was a former Shopko conversion project in Fort Atkinson, WI which marked the 3rd Shopko conversion our team has completed. The second completion of the year was a former Burlington Coat factory conversion project in Enfield, CT that is currently being managed by Store Space Self Storage. The third completion of the year was in Providence, RI. This project was the first ground up development completion of the year opening in early May and is being managed by CubeSmart. Our 4th Completion in the first half of the year marked our first facility opened in Georgia. We converted the former Walmart at 4701 Buena Vista Rd in Columbus, GA into 74,834 rentable square feet of class A storage space that is being managed by CubeSmart.

With these completions our current portfolio consists of 15 open locations across 13 states totaling 845,191 rentable square feet.

Construction/Pipeline

The True Storage construction team is firing on all cylinders across the country rolling into the second half of 2023. We have projects in Michigan, Ohio, Georgia, Massachusetts, New York and Florida that are expected to be completed by the end of the year. In addition to these sites, we have several others that will be expected to open in 2024. Currently our total construction pipeline includes 22 projects with over 2 million gross square feet under development. Our pipeline of projects that are in the due diligence and permitting phase totals nearly 850,000sqft. Our in-house construction management and architecture teams have remained focused on creating the highest quality properties possible for our management companies and end users.

Our Outlook

2023 is shaping up to be another record-breaking year for True Storage. Our focus on improving communities through revitalizing underutilized properties is leading us into new markets across the country. We are actively looking for more development opportunities and feel confident that the self-storage market will continue to be resilient in questionable economic times.  

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House of Hero’s Donation Columbus, Ga

House of Hero’s Donation Columbus, Ga

Jacob Fuller the Operations Manager of the True storage team headed to Columbus, GA to present a donation to The House of Hero’s organization. Jacob was joined by Executive Director Susan Wood of House of Hero’s to celebrate at our recently opened Cubesmart facility in Columbus, GA. Giving back to the communities we develop in has become a tradition of ours at the end of each of our projects. We are honored to support House of Hero’s mission in  providing support Veteran’s and their families. 

About House of Hero’s: Founded in 2000, HOH was built to serve our nation’s military and public safety veterans and their families who are disabled, living on fixed income, or facing physical/financial challenges. Volunteers of HOH visit individuals and families in need at their houses and perform minor repairs and make minor improvements to their homes at no cost to the veteran. Home repairs include painting, installation of windows and doors, appliance replacement, and yard maintenance and improvement  For more information about House of Hero’s and to learn how to donate, visit https://www.houseofheroes.org/