- CubeSmart (CUBE, Financial) partners with Precision Global Corporation to manage four storage facilities in Texas
- The partnership adds a modest 0.3% to CubeSmart’s existing portfolio of over 1,300 properties
- This venture aligns with Precision Global’s strategy to expand its national self-storage portfolio
CubeSmart (CUBE), the third-largest self-storage operator in the United States, has entered a partnership with Precision Global Corporation (PGC) to oversee the management of four key storage facilities in Texas. This collaboration, effective July 25, 2025, represents a strategic expansion for both companies, focusing on enhancing customer experience and facility performance. The facilities involved in this partnership are located in Clute, Royse City, Lakehills, and Granbury.
With the addition of these four facilities, CubeSmart will see a 0.3% increase in its management portfolio, extending its reach to over 1,300 properties nationwide. This move is consistent with CubeSmart’s goal of leveraging its operational expertise and marketing infrastructure to generate fee-based revenue with minimal capital investment. Management fees are anticipated to range from 5-6% of a facility’s gross revenue, plus additional fees for specialized services.
For Precision Global Corporation, this partnership marks a significant step in building a national portfolio of self-storage and RV park assets by collaborating with elite operators. This expansion in Texas aligns with demographic trends and business-friendly policies that make the state a high-growth market for self-storage solutions.
Tenants of these facilities can expect enhanced service, improved visibility, and greater operational efficiency under CubeSmart’s management. This partnership reflects both companies’ commitment to operational excellence and strategic growth.
