CubeSmart
| File:CubeSmart logo.gif | |
| Company type | Public company |
|---|---|
| NYSE: CUBE Russell 1000 Index component | |
| Industry | Real estate investment trust |
| Founded | July 2004 (as U-Store-It Trust) Maryland, U.S. |
| Headquarters | |
Key people | Marianne M. Keler, Chairperson Christopher P. Marr, CEO Timothy M. Martin, CFO |
| Products | Self storage |
| Revenue |  $643 million (2019) |
| $170 million (2019) | |
| Total assets | $4.029 billion (2019) |
| Total equity | $1.807 billion (2019) |
Number of employees | 3,011 (2019) |
| Website | www |
| Footnotes / references [1] | |
CubeSmart is a real estate investment trust that invests in self storage facilities. As of December 31, 2019, it owned 523 self-storage properties in 24 states and the District of Columbia containing 36.6 million rentable square feet.[1] It is the 4th largest self-storage company in the United States.[2]
The company was known as U-Store-It Trust until 2011.
History
The company was founded in July 2004 as U-Store-It Trust.[1]
In October 2004, the company became a public company via an initial public offering.[3]
In 2006, Chris Marr became president and CEO of the company.[4]
In December 2008, the company moved its headquarters to Malvern, Pennsylvania.[5]
On September 14, 2011, the company changed its name to CubeSmart.[6]
References
- ^ a b c "Cubesmart 2019 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
- ^ Mueller, Laura (March 28, 2019). "The 6 Largest Self Storage Companies". Moving.com.
- ^ "U-Store-It Trust sets price for its IPO". United Press International. October 7, 2004.
- ^ "U-Store-It hires president, CEO". Crain Communications. April 24, 2006.
- ^ "U-Store-It Self-Storage Changes Corporate Headquarters". Inside Self Storage. December 17, 2008.
- ^ "U-Store-It Is Becoming CubeSmart(SM)" (Press release). Globe Newswire. September 6, 2011.
External links
- Official website
- Business data for CubeSmart:
Categories:
- 2004 establishments in Maryland
- 2004 initial public offerings
- American companies established in 2004
- Companies listed on the New York Stock Exchange
- Financial services companies established in 2004
- Real estate companies established in 2004
- Real estate investment trusts of the United States
- Storage companies
- Companies based in Chester County, Pennsylvania