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Property types include office, multifamily, affordable housing, industrial, retail, seniors housing, healthcare, self-storage and lodging.
The company operates more than 470 self-storage facilities in 25 states and employs over 1200 individuals.
The company operated as a private self-storage management company until it was merged with a series of publicly registered limited partnerships that were taken public.
This added to the already 17 self-storage properties owned by the company.
Warehouses or grocery stores are sometimes converted into self-storage facilities.
Modern storage facilities grew slowly through the 90s, at which time demand outpaced supply and caused a rush of new self-storage developments.
About 1990, the building was sold and converted to use as a self-storage facility and sold again in 2001 for use as apartments.
The company is mainly involved in real estate developments, self-storage and logistics.
The new owners said that they planned to covert it to heated self-storage units.
Recent surveys of self-storage companies indicate a positive trend in market demand and occupancy rate.
The company now facilitates self-storage rentals between consumers and storage operators.
The portfolio includes over 1,600 self-storage units accounting for roughly 270,000 square feet.
Both centers originally included private community swimming pools; both have since closed and one is now the site of a self-storage facility.
It built its first self-storage facility in 1972.
A self-storage facility sustained substantial damage.
