Inside Self-Storage

OCT 2018

Inside Self-Storage (ISS) is an information source for industry owners, managers, developers and investors covering news, trends, facility operation, finance, real estate, construction, development, marketing, technology, insurance and legality.

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ISS TOP OPERATORS 2018: FACILITY OWNERS 24 ISS I October 2018 www.insideselfstorage.com 17. Westport Properties Inc./US Storage Centers* Founded: 1985 Owner: Drew Hoeven CEO/President: Charles Byerly Website: www.usstoragecenters.com Contact: Mike Brady E-mail: mikeb@usstorage.net Facilities owned: 79 Storage units owned: 54,481 Square feet owned: 5,756,927 Primary brand names owned: US Storage Centers Expansion plans: Expansion through acquisitions, conversions, development and third-party management services in and around the company's existing footprint and in major Metropolitan Statistical Areas. 18. Morningstar Properties Founded: 1981 CEO/President: David Benson Website: www.morningstarstorage.com Contact: David Benson E-mail: dbenson@mstarproperties.com Facilities owned: 63 Storage units owned: 35,333 Square feet owned: 5,690,459 Primary brand names owned: Morningstar Storage Expansion plans: Actively acquiring and developing properties across the Southern United States. 19. Amsdell Cos./Compass Self Storage Founded: 1928 CEO/President: Todd Amsdell Website: www.compassselfstorage.com Contact: Todd Amsdell E-mail: dpetry@amsdellcompanies.com Facilities owned: 82 Storage units owned: 47,131 Square feet owned: 5,634,571 Primary brand names owned: Compass Self Storage Expansion plans: Looking to acquire and develop quality self-storage properties in select markets. 20. Urban Self Storage Inc. Founded: 1986 CEO/President: Patrick Reilly Website: www.urbanstorage.com Contact: Patrick Reilly E-mail: julia.reed@urbanstorage.com, patrick.reilly@urbanstorage.com Facilities owned: 67 Storage units owned: 49,708 Square feet owned: 5,183,443 Primary brand names owned: Various Expansion plans: Continue to build, convert and acquire sites, with plans for an additional 16 facilities (11,300 units, more than 1 million square feet). 21. ezStorage Founded: 1987 CEO/President: Todd Manganaro Website: www.ezstorage.com Contact: Todd Manganaro E-mail: tmanganaro@ezstorage.com Facilities owned: 54 Storage units owned: 50,123 Square feet owned: 5,078,000 Primary brand names owned: ezStorage Expansion plans: Has three facilities under construction. 22. LAACO Ltd. Founded: 1880 CEO/President: Karen Hathaway Website: www.storagewest.com Contact: John Hathaway E-mail: storagewest@laaco.net Facilities owned: 59 Storage units owned: 40,670 Square feet owned: 4,681,097 Primary brand names owned: Storage West 23. Red Dot Storage Founded: 2013 Owner: Seth Bent CEO/President: Seth Bent Website: www.reddotstorage.com Contact: Maggi Steury E-mail: maggi@reddotstorage.com Facilities owned: 113 Storage units owned: 32,965 Square feet owned: 4,380,242 Primary brand names owned: Red Dot Storage Expansion plans: To continue acquiring self-storage facilities. 24. Atlantic Self Storage Founded: 1979 Website: www.atlanticselfstorage.com Contact: Mark Skrzypczak E-mail: mark.s@atlanticselfstorage.com Facilities owned: 46 Storage units owned: 30,527 Square feet owned: 4,222,765 Primary brand names owned: Atlantic Self Storage Expansion plans: Continue growth in Northeast Florida and develop more land the company owns in the area. Scheduled to open four new sites by the end of 2019 as well as add a three-story, climate- controlled building at an existing location. 25. Safeguard Self Storage Founded: 1989 Owner: Morgan Stanley Prime Property Fund CEO/President: Mark Degner Website: www.safeguardit.com Contact: Kurt Kleindienst E-mail: kurt@safeguardit.com Facilities owned: 75 Storage units owned: 50,500 Square feet owned: 4,100,000 Primary brand names owned: Safeguard Self Storage Expansion plans: Has 15 properties in various stages of development and intends to add seven to 10 facilities per year for the foreseeable future. 26. Platinum Storage Group Founded: 1996 CEO/President: Skip Elefante Website: www.platinumstorage.com Contact: Genevieve Elefante E-mail: renee@platinumstorage.com Facilities owned: 51 Storage units owned: 31,700 Square feet owned: 4,100,000 Primary brand names owned: Storage Direct Expansion plans: Acquire additional facilities in strategic markets through acquisitions, property management and potential development. 27. Reliant Real Estate Management LLC* Founded: 2010 Owner: Todd Allen, Lewis Pollack CEO/President: Todd Allen, Lewis Pollack Website: www.storesmart.org Contact: Todd Allen E-mail: tallen@reliant-mgmt.com Facilities owned: 47 Storage units owned: 32,174 Square feet owned: 4,015,054 Primary brand names owned: Midgard Self Storage, StoreSmart Self Storage Expansion plans: Further expansion within the company's current market footprint. Also seeking opportunities in the Midwest. 28. A-1 Self Storage Founded: 1959 Owner: The Caster Family CEO/President: Brian R. Caster Website: www.a1storage.com Contact: Brian R. Caster E-mail: brcaster@castergrp.com Facilities owned: 53 Storage units owned: 39,789 Square feet owned: 3,953,931 Primary brand names owned: A-1 Self Storage Expansion plans: To buy or develop two to four stores per year. 29. Storage Rentals of America (Elite Stor Capital Partners) Founded: 2014 CEO/President: Benjamin Macfarland Website: www.sroa.com Contact: Benjamin Macfarland E-mail: contact@sroa.com Facilities owned: 81 Storage units owned: 32,715 Square feet owned: 3,842,635 Primary brand names owned: Storage Rentals of America Expansion plans: Continue to acquire self-storage facilities throughout the United States, primarily in the Southeast. Convert space for self-storage use and develop new facilities. 30. Brookwood Properties, dba The Storage Center Founded: 1986 CEO/President: Craig Smith Website: www.thestoragecenter.com Contact: Craig Smith E-mail: sleblanc@thestoragecenter.com Facilities owned: 42 Storage units owned: 31,283 Square feet owned: 3,817,252 Primary brand names owned: CubeSmart Expansion plans: Planning to develop new facilities in Louisiana and Texas. 31. Merit Hill Capital Founded: 2016 Owner: Elizabeth Raun Schlesinger CEO/President: Elizabeth Raun Schlesinger Website: www.merithillcapital.com Contact: Jennifer Builes E-mail: contact@merithillcapital.com Facilities owned: 59 Storage units owned: 31,399 Square feet owned: 3,781,351 Primary brand names owned: A-American, CubeSmart, Extra Space Expansion plans: To expand by acquiring one-off and small portfolios with value-add or turnaround components in markets that have compelling supply-and-demand fundamentals. 32. BACO Realty Corp. Founded: 1983 Owner: Ben Eisler, Allen Orwitz CEO/President: Ben Eisler, Allen Orwitz Website: www.securitypublicstorage.com Contact: Michael Eisler E-mail: meisler@bacorealty.com Facilities owned: 48 Storage units owned: 37,826 Square feet owned: 3,776,760 Primary brand names owned: Security Public Storage Expansion plans: Acquire existing facilities or build new ones. LEARN MORE AT THE STORE! To purchase the 2018 Top-Operators Lists in a convenient Excel format that allows you to sort and export data, visit www.iss-store.com. This year's package includes the complete lists as well as a PDF of the analytic report. You can also purchase copies of lists from the past several years for comparison. *Also appears on the Top 50 list of facility-management companies

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