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Uncle Bob’s Self Storage announced today it has entered into contracts to assume management on five self storage facilities. The facilities encompass over 400,000 square feet and are located in markets where the Company already has a presence.
Buffalo, New York (PRWEB) January 17, 2013
Uncle Bob’s Self Storage announced today it has entered into contracts to assume management on five self storage facilities. “We are excited to forge new relationships with the owners of these facilities,” said Jack Rogers, Vice President of Business Development. “Each has put their trust into the Uncle Bob’s brand and the people behind it; we are confident we can help them achieve their goals.”
The facilities encompass over 400,000 square feet and are located in markets where the Company already has a presence:
Each property will be re-branded as Uncle Bob’s Self Storage and integrated into the Company’s management platform allowing them to take full advantage of the Company’s website functionality, extensive internet and mobile marketing, proprietary revenue management system, and national call center.
Four of the agreements were executed during the fourth quarter 2012 between Uncle Bob’s Management LLC and four unaffiliated owners. The fifth was executed subsequent to year end. The addition of these properties brings the total number of managed properties to 71, including those managed under joint venture agreements.
About Uncle Bob’s Self Storage®
Uncle Bob’s Self Storage® is owned by Sovran Self Storage, Inc., (NYSE:SSS) a real estate investment trust (REIT) that is in the business of acquiring and managing self storage facilities. The Company is one of the five largest self storage operators in the country, with over 250,000 rental spaces in 25 states. It is a leader in the industry with the resources to execute effective and far reaching web and mobile marketing programs, develop and maintain a proprietary revenue management system, and operate a national call center all based at the Company’s headquarters in Buffalo, New York.
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