Day: November 16, 2021

CubeSmart Announces Agreement to Acquire Storage West Platform

CubeSmart (NYSE: CUBE) (the “Company”), today announced that it has entered into an agreement to acquire 100% of the outstanding partnership units of LAACO, Ltd. (“LAACO”), the owner of the Storage West platform for approximately $1.69 billion, which includes approximately $40.9 million of LAACO debt that will be repaid at, or shortly after, the closing. Storage West is the owner and operator of 59 self storage assets in the highly desired western markets of Southern California (22), Phoenix (17), Las Vegas (13), and Houston (7). Two of these properties are…

StorQuest Self Storage Expands Reach in the Brooklyn Market

StorQuest Self Storage, a dynamic brand with a commitment to innovative solutions and an industry-wide reputation for exceptional guest service, is excited to announce the expansion of its national reach. The newly developed state-of-the-art facility, located at 155 King St., marks the second StorQuest location in Brooklyn and the tenth facility in the Empire State. Built with the highest standards in self storage design, this best-in-class facility is strategically located on the west edge of Brooklyn in the bustling Red Hook neighborhood that overlooks the Statue of Liberty. It’s approximately two…