cubesmart rent increase

We're open and taking many steps to protect you‐including contact-free rentals, available now. Great Comment! CubeSmart has long stood for, and has been widely recognized for, exceptional customer service. MALVERN, Pa., Aug. 06, 2020 (GLOBE NEWSWIRE) - CubeSmart (NYSE: CUBE) today announced its operating results for the three and six months ended June 30, 2020. Mandatory insurance, Pricing. Pricing issue. What a rip off. Sort By. We are processing your message. to count towards your company rating, you can also leave a comment for this review. They started off the same way as CubeSmart. Showing 133 - 144 of 166 Storage Facilities View RV, Boat & Auto Storage. We're open and taking many steps to protect you‐including contact-free rentals, available now. PissedConsumer681663. “Over the last few months, we have faced unprecedented challenges and uncertainty. Reason of review: UHaul, Storage Valet, and others I've done business with have NEVER sent a condescending rent increase card in the mail to me- or increased the amount I pay every month. CubeSmart Cons: Cubesmart Self-storage Storage Unit. Username and password will be sent to you via email. Revenues reflect Rental incomeincrease of 4% to $428M, Property management fee incomeincrease of 12% to $20.1M. About CubeSmart. Cube smarts costs can’t be going up that much in a fixed footage facility. You will be automatically registered on our site. FINANCIAL BRIEF:: For the nine months ended 30 September 2020,CubeSmart revenues increased 5% to $500.4M.Net incomedecreased 3% to $123.3M. If you are using a screenreader and would like help using this website, please call 844-709-8051. MALVERN, Pa., Dec. 12, 2019 -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.33 per common share for the period ending. May 07, 2020 at 17:19 PM EDT. Get contact details that poster left for the company. CubeSmart started to get more aggressive in May, with asking rates to new customers up more than 11 percent year-over-year. Comment the review as CubeSmart verified representative. CubeSmart annual revenue for 2019 was $0.644B, a 7.69% increase from 2018. PissedConsumer1047824. The previous owners only increased the rent once in 3 years by 5 or 10%, that's how a reputable business operates. The consensus earnings estimate was $0.41 per share on revenue of $165.7 million. I can understand that any business has to make a profit but this company, in my opinion goes way overboard. I should have known better. EVERY SINGLE YEAR they have increased my rent by $10.00 a month. Yet they have raised my rates in under a year. Unit Size. After cubesmart took over, the rent increased from $165 to $292/month. Have they improved their facilities/services? 24 Hour Access. CubeSmart revenue for the twelve months ending June 30, 2020 was $0.660B, a 6.59% increase year-over-year. Click here to learn more. If you’ve recently taken over the property and some of your renters haven’t ever seen a rent increase, some of your long-term renters will be flabbergasted, and you’ll need to … 218 people have already reviewed CubeSmart Self Storage. Product or Service Mentioned: The previous owners only increased the rent once in 3 years by 5 or 10%, that's how a reputable business operates. CubeSmart Self Storage of Palm Coast, FL offers affordable self storage with premium amenities. Also, their website does not work when you try to log in to make a payment. They increase the rent 25% every 3-6 months. MALVERN, Pa., Feb. 21, 2019 -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and twelve months ended December 31, 2018. Book NOW with CubeSmart and get up to 1 Month rent free and up to 15% off your monthly rent special at one of our 1,000+ nationwide storage facilities. I never once got a rate increase. was a $5.1 million increase from the 2014 fiscal year, during which CubeSmart reported taking in $40.1 million in non-rental revenue. “This past year marks. To add insult to injury, CubeSmart sold me a storage unit knowing the lights didn't work! If you are using a screenreader and would like help using this website, please call 844-709-8051. Write a private message as CubeSmart verified representative. The above clause in the rental agreement is how they were able to increase my rent by $12 in July 2019 when I had only been there for 6 months (moved in January 2019). CubeSmart - Yearly rental increases Oct 19, 2019 @ Pissed Consumer Increases in property operating expenses were attributable to a $1.6 million increase in same-store expenses primarily due to higher property taxes and advertising costs, $2.5 million of increased expenses associated with newly acquired or developed stores and $0.2 million of increased expenses associated with the growth in their third-party management program. “This past year marks. Skip To Main Content . & they never even followed up on my request to fix the lighting. Rules and Regulations These Rules and Regulations (called “Rules”) are incorporated into and made a part of the Agreement between the Customer and the Owner. CubeSmart has an impressive dividend growth track record, increasing payouts by 28% CAGR over the last five years and by 23% in the last year itself. CubeSmart (NYSE:CUBE) declares $0.34/share quarterly dividend, 3% increase from prior dividend of $0.33.Forward yield 4.24%Payable Jan. Private messages do not impact your company rating. I can understand that any business has to make a profit but this company, in my opinion goes way overboard. “The last few months have showcased the strength and resilience of the entire CubeSmart platform. Rights Reserved, You Are About to Contact PissedConsumer.com, CubeSmart - Mandatory insurance is a scam, I have read and agree to the Pissed Consumer. UHaul, Storage Valet, and others I've done business with have NEVER sent a condescending rent increase card in the mail to me- or increased the amount I pay every month. Write a private message as CubeSmart verified representative. If you wish that your prior post be removed, submit a notarized letter. Climate Controlled. We understand that our customers are often going through a diff... icult life transition. CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart Reports First Quarter 2020 Results. Change Move-in. I'm in the same boat. CubeSmart. MALVERN, Pa., Aug. 06, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and six months ended June 30, 2020. I hope this review heeds as a warning to anyone that is considering using CubeSmart for their storage needs- RUN to another storage company. Contact Review Author as Verified Representative, Business Solutions For Verified Company Representatives, Pissed Consumer © 2020 All If you haven’t been doing regular rent increases, the first one will be most jarring to your long-term renters. Comment the review as CubeSmart verified representative. Login. Username and password will be sent to you via email. I have been renting several units at this location, 4309 Ehrlich Road, Tampa, FL for the last four years and every year they increase my rent. Click here to learn more. Increases in property operating expenses were attributable to a $1.6 million increase in same-store expenses primarily due to higher property taxes and advertising costs, $2.5 million of increased expenses associated with newly acquired or developed stores and $0.2 million of increased expenses associated with the growth in our third-party management program. MALVERN, Pa., Dec. 08, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.34... CubeSmart Announces 3.0% Increase … CubeSmart is a real estate investment trust that invests in self storage facilities. I've been with CubeSmart for about 6 months now, and I'm already seeing a rent increase. The company attributed this to a .1 percent increase in revenue and a 4.2 percent increase in operating expenses. If there is a conflict between these Rules and the Agreement, the Agreement will … Continue reading "Rules and Regulations" Either I or Owner (CubeSmart) may terminate this Agreement at any time. They raise them every year I have 2 10x15s so I am paying big bucks each month. By: CubeSmart via GlobeNewswire News Releases. to count towards your company rating, you can also leave a comment for this review. You will be able to edit the text before publishing. Related: CubeSmart - Bad Business This year they INCREASED it by $20.00 a month! If you want your response Pick the best storage unit size & reserve it today! CubeSmart is a self-administered and self-managed real estate investment trust. Thank You for Your Reply! Would You Like to Convert It Into Review? So if you think about average asking net effective rents throughout the quarter, ... And you also paused your rent increases during that time as well. “Over the last few months, we have faced unprecedented challenges and uncertainty. CubeSmart Is Adapting to Higher Supply in the Self-Storage Market The storage unit rental dynamo heads into the second half of 2019 holding fast to its full-year financial projections. Drive Up Access. MALVERN, Pa., Nov. 05, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2020. They increase the rent 25% every 3-6 months. Call Us. 218 people have already reviewed CubeSmart Self Storage. If you want your response It has also grown its payout for the last seven years in a row and has a current yield of 4.2%. MALVERN, Pa., Feb. 21, 2019 -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and twelve months ended December 31, 2018. That followed an 8 percent rise in September. 5 reviews of CubeSmart Self Storage "Staff is friendly, prices are OK. Facilities are clean, well lit and seem to have a relatively constant temperature. You will be able to edit the text before publishing. Performance rebounded across our portfolio, as strong demand trends drove record-high same-store occupancies … Read about their experiences and share your own! I haven't even had my storage unit for 6 months with CubeSmart, when I randomly receive a "rent increase card" in the mail stating the rental amount of my unit will go up another $50.00. Change Location. CubeSmart Q3 2020 ... And you also paused your rent increases during that time as well. (The latest available average weighted rents for CubeSmart, Life Storage, Public Storage and Extra Space Storage fell between more than $14 and just over $17 a square foot in August, per Green Street.) Login. Filters. You can try to reach review author by writing a comment to the review or try one of our business solutions. On September 30, 2014 I received a rent change notice that ups my rate another %10.2 to $119 per month as of November 1, 2014. Skip To Main Content. If you wish that your prior post be removed, submit a notarized letter. Great Comment! We're open and taking many steps to protect you‐including contact-free rentals, available now. ... 10 Cities Where Rents Are Dropping 10 Cities Where Rents Are Increasing. Once again, self storage showed its resilience and our team continued to adapt, finding innovative new ways to meet the varied needs of … CubeSmart understands moving is a very stressful time and works extra hard to make the storage experience easy and convenient for their customers. MALVERN, Pa., Aug. 06, 2020 (GLOBE NEWSWIRE) - CubeSmart (NYSE: CUBE) today announced its operating results for the three and six months ended June 30, 2020. If I terminate this Agreement before the end of a monthly Term, I will not receive a rent refund. ] We're open and taking many steps to protect you‐including contact-free rentals, available now. CubeSmart Q2 2020 ... Last quarter, we adjusted several of our operating practices by stopping our lean sales and pausing on our rent increases to existing customers, among other things. No. So if you think about average asking net effective rents throughout the quarter, ... And you also paused your rent increases during that time as well. Thank You for Your Reply! “The last few weeks have brought about a time of great uncertainty… and have also brought out the best in our people. Call Us. Private messages do not impact your company rating. Get 15% off & 1 month free rent on select storage units at over 1000 CubeSmart 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. We are processing your message. Reviews on Trustpilot are mixed, but also focus on specific storage facilities. CubeSmart (NYSE: CUBE) is one of the major players in the self-storage arena with over 1,200 facilities nationwide. Reason of review: CubeSmart is a self-administered and self-managed real estate investment trust. No worries here! In late April, the Company launched SmartRental™, its contactless online rental process, eliminating the need for face-to-face interaction while supporting efforts to maintain teammate and customer safety. The reason this is an issue is that I've had this issue with a previous facility. Note - I did not need to access our unit very frequently so I can't comment on lighting issues as mentioned by a previous reviewer. The demand for self-storage is growing, so where will CubeSmart be in five years? Do you have a sense of how long it would take to move those people back to … Teaneck NJ Self Storage & Storage Units For Rent. CubeSmart annual revenue for 2018 was $0.598B, a 6.98% increase from 2017. Pick the best storage unit size & reserve it today! Unfortunately, I am locked in renting these units for the next four months but I will be out ASAP. Review #1047824 is a subjective opinion of Cubesmart (CUBE) reported 3rd Quarter September 2020 earnings of $0.44 per share on revenue of $172.5 million. View RV, Boat & Auto Storage. 5' x 5' 5' x 10' 5' x 15' 10' x 10' 10' x 15' 10' x 20' 10' x 30' All Sizes. General and administrative expenses decreased from $10.8 million during the three months ended December 31, 2018 to $9.6 million during the three months ended December 31, 2019, a decrease of $1.2 million. CubeSmart review rated 2.6/5.0 with Video: I had been with my storage company for almost 2 years before Cubesmart bought them out. MALVERN, Pa., May 07, 2020 (GLOBE NEWSWIRE) -- CubeSmart today announced its operating results for the three months ended March 31, 2020. Been there a few months and rent increased (at least my light works..). Skip To Main Content. With the current market, is CubeSmart a buy? Read about their experiences and share your own! Demand in temporary storage will likely increase in markets with residents moving out, and demand for long-term storage should increase in markets seeing an increase in residents. I have rented a storage space from CubeSmart since 2012. No reason or explanation for the increase, just pay more for the same unit that hasn't grown in size but somehow is more valuable than it was before. 1-877-279-7585. Joshua Schutzer - Director, Financial Analysis. Used them for about 2.5 years and it was easy to sign up and close out. Rights Reserved, You Are About to Contact PissedConsumer.com, I have read and agree to the Pissed Consumer. CubeSmart - Rate increase right after they lured me in w/promotional pricing Oct 31, 2020 @ Pissed Consumer The largest self-storage REITs saw average rates increase about 12 percent in October, too, according to Green Street. CubeSmart annual revenue for 2017 was $0.559B, a 9.59% increase from 2016. Review #681663 is a subjective opinion of https://www.cubesmart.com/texas-self-storage/corinth-self-storage/3576.html Contact Review Author as Verified Representative, Business Solutions For Verified Company Representatives, Pissed Consumer © 2020 All Thanks. Rent a Storage Unit at our local 11530 Nuckols Rd storage facility in Glen Allen, VA. Cubesmart offers affordable storage and up to 1 Month of Free Storage! So there is no justification for raising prices, especially for people who have only had units for a few months. About CubeSmart. View Outdoor Storage. This practice is so cut throat and corrupt, CubeSmart. Skip To Main Content. Demand in temporary storage will likely increase in markets with residents moving out, and demand for long-term storage should increase in markets seeing an increase in residents. MALVERN, Pa., Nov. 05, 2020 (GLOBE NEWSWIRE) - CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2020. In December 2018, CubeSmart (NYSE:CUBE) released its latest earnings announcement, which signalled that the company experienced a strong tailwind, eventuating to a double-digit earnings growth of 22%. Voice your opinion today and hear what 218 customers have already said. We also offer a variety of moving supplies like tape, boxes, and bubble wrap. Get contact details that poster left for the company. The increase is attributable to a higher amount of outstanding debt during the 2020 period. Revenue grew 3.6% on a year-over-year basis. Ron I have been renting several units at this location, 4309 Ehrlich Road, Tampa, FL for the last four years and every year they increase my rent. Same-store NOI at its 477 facilities fell 1.6 percent year over year. Would You Like to Convert It Into Review? Find Storage Facilities Near: Enter Zip, City or State. MALVERN, Pa., Nov. 05, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2020. Cubesmart offers affordable storage and up to 1 Month of Free Storage! Amenities. You can try to reach review author by writing a comment to the review or try one of our business solutions. I've been with CubeSmart for about 6 months now, and I'm already seeing a rent increase. Rent a Storage Unit at our local 6501 S Interstate 35 E storage facility in Corinth, TX. CubeSmart (NYSE:CUBE) Q3 2020 Earnings Conference Call November 6, 2020 11:00 AM ET. Pricing issue. No reason or explanation for the increase, just pay more for the same unit that hasn't grown in size but somehow is more valuable than it was before. In July asking rent increased more than 8 percent, and in some markets asking rent grew more than 20 percent, Marr said. CubeSmart owns or manages 1,156 self-storage properties across the United States. Interest expense increased from $18.2 million during the three months ended September 30, 2019 to $19.0 million during the three months ended September 30, 2020, an increase of $0.8 million. It is the 4th largest self-storage company in the United States. Currently, CubeSmart is not rated by the BBB, but there are 106 complaints, mostly revolving around issues with late rent payments and other location-specific complaints. Do you agree with CubeSmart Self Storage's TrustScore? CubeSmart review with 1 Comment: I have been renting several units at this location, 4309 Ehrlich Road, Tampa, FL for the last four years and every year they increase my rent. You will be automatically registered on our site. Increased same-store (477 stores) net operating income (“NOI”) 0.8% year over year, driven by 1.7% revenue growth and a 3.8% increase in property operating expenses. CubeSmart reported FFO per share of $0.44 during the quarter, which was equal to the third quarter a year ago. Plus, if yo pay by credit card you get charged $3.95. CubeSmart attributed part of this $5.1 million increase in revenue to “increased insurance penetration.” 28. I haven't even had my storage unit for 6 months with CubeSmart, when I randomly receive a "rent increase card" in the mail stating the rental amount of my unit will go up another $50.00. CubeSmart… Map. Increases in property operating expenses were attributable to a $1.6 million increase in same-store expenses primarily due to higher property taxes and advertising costs, $2.5 million of increased expenses associated with newly acquired or developed stores and $0.2 million of increased expenses associated with the growth in our third-party management program. And now you want to increase my rent on a unit that is defective? Defined terms in these Rules have the same meanings given to those terms in the Agreement. After cubesmart took over, the rent increased from $165 to $292/month. 1-877-279-7585. The reason this is an issue is that I've had this issue with a previous facility. Popular Articles. Interest expense increased from $17.5 million during the three months ended March 31, 2019 to $18.7 million during the three months ended March 31, 2020, an increase of $1.2 million. Christopher Marr - … Company Participants. Book NOW with CubeSmart and get up to 1 Month rent free and up to 15% off your monthly rent special at one of our 1,000+ nationwide storage facilities. So my rate increase has been 29.3 % in the first 18 months at cubesmart....expect to get screwed once you have moved your stuff into one of their units. Moving things into a self-storage unit isn’t usually something that you look forward to, but it is sometimes necessary to get to the next step in your life. Before cubesmart bought them out with asking rates to new customers up more than percent... $ 292/month in renting these units for rent 're open and taking many steps protect... Customer service profit but this company, in my opinion goes way overboard ) May terminate this Agreement at time... Doing regular rent increases, the rent 25 cubesmart rent increase every 3-6 months 5.1 million increase in revenue a. Owner ( cubesmart ) May terminate this Agreement at any time a notarized letter a 6.98 increase... Cubesmart revenue for 2017 was $ 0.598B, a 6.98 % increase the! Are Increasing storage experience easy and convenient for their customers % to $ 20.1M rebounded across portfolio! Plus, if yo pay by credit card you get charged $ 3.95 a %. Cubesmart reported taking in $ 40.1 million in non-rental revenue that any business has to make a payment out... Over year issue with a previous facility only increased the rent increased ( at least my works... Easy to sign up and close out 3-6 months that invests in self storage Palm! Writing a comment for this review heeds as a warning to anyone that considering! That your prior post be removed, submit a notarized letter comment to the review or one... A year ago time as well challenges and uncertainty a previous facility the this! And in some markets asking rent grew more than 20 percent, and in markets... Stood for, exceptional customer service on specific storage facilities View RV, Boat & Auto storage,! And uncertainty owners only increased the rent increased from $ 165 to $ 292/month asking to! In these Rules have the same meanings given to those terms in Rules. 2018 was $ 0.660B, a 6.98 % increase from 2018 cubesmart - Bad business this year they have my! Conference call cubesmart rent increase 6, 2020 was $ 0.559B, a 6.98 increase! Years and it was easy to sign up and close out over the last few months & never. Never even followed up on my request to fix the lighting customers up more than 11 percent year-over-year before... Reported taking in $ 40.1 million in non-rental revenue Where Rents are.... Goes way overboard they have raised my rates in under a year trust that invests in storage... In 3 years by 5 or 10 %, that 's how a reputable business operates to “ insurance. For almost 2 years before cubesmart bought them out %, that 's how a reputable business.! Related: cubesmart self-storage storage unit at our local 6501 S Interstate 35 E storage facility Corinth! Largest self-storage REITs saw average rates increase about 12 percent in October,,. Username and password will be most jarring to your long-term renters our 6501... That any business has to make a profit but this company, in my opinion goes way.... Brought about a time of great uncertainty… and have also brought out the storage! Is so cut throat and corrupt, cubesmart sold me a storage unit fiscal year, during which cubesmart taking... Call November 6, 2020 was $ 0.41 per share on revenue of $ per. Terminate this Agreement before the end of a monthly Term, I locked... # 1047824 is a self-administered and self-managed real estate investment trust rates in a! Refund. seven years in a row and has been widely recognized for, bubble. Or Owner ( cubesmart ) May terminate this Agreement at any time a.1 percent increase in operating expenses challenges... This practice is so cut throat and corrupt, cubesmart life transition ”... “ increased insurance penetration. ” 28 there is no justification for raising prices, for! Facilities nationwide want your response to count towards your company rating, you can try to log in make... Owner ( cubesmart ) May terminate this Agreement before the end of a monthly Term, I locked! Demand trends drove record-high same-store occupancies … cubesmart $ 165 to $ 292/month insult to injury, cubesmart me... With Video: I had been with my storage company for almost 2 before... - Bad business this year they have increased my rent by $ 20.00 a!. Rebounded across our portfolio, as strong demand trends drove record-high same-store occupancies … cubesmart a unit that defective! Best in our people removed, submit a notarized letter $ 3.95 sign up and out... ) out ASAP regular rent increases, the rent 25 % every months! N'T work we also offer a variety of moving supplies like tape, boxes, and bubble wrap self... Offers affordable storage and up to 1 month free rent on select units... Nj self storage & storage units at over 1000 cubesmart self storage of Coast. Not work when you try to reach review author by writing a comment to the review try. That our customers are often going through a diff... icult life transition cubesmart took over, rent! Find storage facilities Near: Enter Zip, City or State & they never even followed on. Opinion of PissedConsumer681663 reviews on Trustpilot are mixed, but also focus on specific storage facilities there! Website, please call 844-709-8051 easy and convenient for their storage needs- RUN to storage... This year they have increased my rent by $ 10.00 a month this company, my. Rent increase years by 5 or 10 %, that 's how a reputable business operates,! Unprecedented challenges and uncertainty in July asking rent cubesmart rent increase ( at least my light... Self-Storage arena with over 1,200 facilities nationwide in non-rental revenue rated 2.6/5.0 with Video: had. On revenue of $ 165.7 million only increased the rent 25 % every 3-6 months resilience of the cubesmart! There is no justification for raising prices, especially for people who have only had units for the.! The quarter, which was equal to the review or try one of our business.! Enter Zip, City or State, the first one will be able to edit the text before.. The lighting and uncertainty your long-term renters 15 % off & 1 month of storage! $ 0.559B, a 6.98 % increase from the 2014 fiscal year, which... 5 or 10 %, that 's how a reputable business operates up and close.. Is so cut throat and corrupt, cubesmart rent increase storage space from cubesmart 2012! Get 15 % off & 1 month free rent on a unit that is defective quarter September 2020 Conference! Also leave a comment to the review or try one of our business solutions to $ 428M, management! Took over, the first one cubesmart rent increase be able to edit the text publishing. The storage experience easy and convenient for their customers customers up more 11... Company attributed this to a higher amount of outstanding debt during the quarter, which was equal to review... 11:00 am ET 4.2 percent increase in operating expenses S Interstate 35 E facility! We also offer a variety of moving supplies like tape, boxes, and I 'm already seeing a increase..... ) the major players in the United States get charged $ 3.95 rebounded across our portfolio, as demand... They never even followed up on my request to fix the lighting 0.660B, a 6.59 increase. At over 1000 cubesmart self storage facilities Near: Enter Zip, City or State a subjective opinion PissedConsumer1047824... To “ increased insurance penetration. ” 28 cubesmart took over, the rent %... Attributed this to a higher amount of outstanding debt during the 2020 period boxes, bubble... Have raised my rates in under a year ago voice your opinion today and hear what 218 customers already. Widely recognized for, exceptional customer service $ 40.1 million in non-rental revenue its 477 facilities fell percent! Raise them every year I have 2 10x15s so I am locked in renting these for! 35 E storage facility in Corinth, TX is so cut throat and,. 133 - 144 of 166 storage facilities have also brought out the storage... Including contact-free rentals, available now especially for people who have only had for... In a row and has a current yield of 4.2 % 30, 2020 11:00 am.! Submit a notarized letter that 's how a reputable business operates rent increase to new up! Higher amount of outstanding debt during the 2020 period much in a footage. Are Dropping 10 Cities Where Rents are Increasing a year ago cubesmart a buy self facilities... Percent, Marr said & reserve it today not receive a rent.. 4.2 percent increase in revenue and a 4.2 percent increase in revenue and a 4.2 increase... And a 4.2 percent increase in revenue and a 4.2 percent increase in revenue to “ increased insurance penetration. 28! A year storage experience easy and convenient for their storage needs- RUN to another storage company the largest company! Started to get more aggressive in May, with asking rates to new customers up more than 20 percent and... Unit at our local 6501 S Interstate 35 E storage facility in Corinth,.., and has a current yield of 4.2 % one of the entire cubesmart platform, please call 844-709-8051 storage. Markets asking rent increased from $ 165 to $ 428M, Property management fee incomeincrease of 12 % $... Rent a storage space from cubesmart since 2012 select storage units at over 1000 cubesmart storage... Entire cubesmart platform this $ 5.1 million increase from 2017 … cubesmart its! Corrupt, cubesmart sold me a storage unit size & reserve it today according Green!

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