Type Public Industry REIT and self storage Area served US | Traded as NYSE: CUBE Predecessor U-Store-It Trust | |
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Founded July 2004; 12 years ago (2004-07) (as U-Store-It Trust)
Maryland, U.S. Stock price CUBE (NYSE) US$ 27.18 -0.02 (-0.07%)3 Mar, 4:03 PM GMT-5 - Disclaimer Headquarters Malvern, Pennsylvania, United States CEO Christopher P Marr (1 Jan 2014–) Number of locations 667 (As of 31 December 2015, owned and managed) Subsidiaries U Store It LP, YSI XXX LLC Profiles | ||
Self storage reit cubesmart fueled by urbanization limited supply
CubeSmart (NYSE: CUBE), previously known as U-Store-It Trust, is an American real estate investment trust (REIT) and provider of self-storage facilities.
Contents
29 september 2011 reit cubesmart debuts new name and ticker rings the nyse opening bell
History
CubeSmart was established in 2004, as a Maryland corporation. Established under the name U-Store-It Trust, the company held their initial public offering in July 2004. In December 2008, they relocated the corporate headquarters to Wayne, Pennsylvania. On September 14, 2011, the organization was renamed as CubeSmart.
Facilities
As of December 31, 2015, the company owned 445 self-storage facilities and also managed 222 properties for third party owners, in 22 states and the District of Columbia.
According to industry magazine Inside Self-Storage, by total net rentable square footage CubeSmart is the fourth largest self-storage operator in the United States.