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 26 ISS I October 2018 www.insideselfstorage.com 41. Jenkins Organization Inc., The* Founded: 1989 CEO/President: Ricky Jenkins Website: www.jenkinsorg.com Contact: Ricky Jenkins E-mail: rjenkins@jenkinsorg.com Facilities owned: 31 Storage units owned: 21,700 Square feet owned: 2,635,000 Primary brand names owned: Varies Expansion plans: Continue acquisitions in Texas and other top 50 Metropolitan Statistical Areas. Plans include 10 new developments this year. 42. Stor-It Self Storage LLC Founded: 1972 Owner: Family-Owned and -Operated Website: www.stor-it.com E-mail: mgstorit@stor-it.com Facilities owned: 16 Storage units owned: 13,200 Square feet owned: 2,610,000 Primary brand names owned: Stor-It Self Storage Expansion plans: Continue to build, expand and purchase facilities. 43. Advantage Storage Founded: 1996 CEO/President: Rick Jones Website: www.advantagestorage.net Contact: Cory Horne E-mail: cory@advantagestorage.net Facilities owned: 31 Storage units owned: 17,966 Square feet owned: 2,331,015 Primary brand names owned: Advantage Storage Expansion plans: Actively acquiring and developing properties in Arizona, Colorado and Texas. Continue to grow the company's third-party management platform. 44. Andover Properties LLC Founded: 1999 Owner: Brian Cohen CEO/President: Brian Cohen Website: www.storagekingusa.com Contact: Michael Wachsman E-mail: mwachsman@andoverprop.com Facilities owned: 32 Storage units owned: 17,085 Square feet owned: 2,103,430 Primary brand names owned: Storage King USA Expansion plans: Continue to acquire, develop and manage facilities, primarily in the North and Southeast, with a focus on value-add properties, conversions and development. Also intends to expand several recent acquisitions and develop additional facilities as well as RV parking. 45. Storage Etc.* Founded: 1999 CEO/President: Greg Houge Website: www.storageetc.com Contact: Chris Lyons E-mail: clyons@storageetc.com Facilities owned: 20 Storage units owned: 16,000 Square feet owned: 2,000,000 Primary brand names owned: Storage Etc. Expansion plans: Purchase or build/convert fve to 10 properties and pursue additional third-party management contracts. 46. Nolan Inc./Nolan Brothers of TX Founded: 1971 CEO/President: John A. Nolan, William J. Nolan Jr. Website: www.ezstoragenow.com Contact: John A. Nolan E-mail: info@nolanpg.com Facilities owned: 25 Storage units owned: 16,888 Square feet owned: 1,952,202 Primary brand names owned: EZ Storage Expansion plans: Seeking growth opportunities. 47. Guardian Storage Founded: 1987 CEO/President: Steven Cohen Website: www.guardianstorage.com Contact: Steven Cohen E-mail: coz@guardianstorage.com Facilities owned: 22 Storage units owned: 15,478 Square feet owned: 1,836,467 Primary brand names owned: Guardian Storage Expansion plans: Continue to expand through development and acquisitions. 48. Oakcrest Management Founded: 1986 CEO/President: John Drennan Website: www.storagedepot.com Contact: John Drennan E-mail: jtdrennan@storagedepot.com Facilities owned: 33 Storage units owned: 12,893 Square feet owned: 1,826,425 Primary brand names owned: Storage Depot Expansion plans: Will add two locations within the next 12 months. 49. StayLock Storage Founded: 2016 CEO/President: Mike Pizzella Website: www.staylockstorage.com Contact: Bill Roberts E-mail: bill.roberts@staylockstorage.com Facilities owned: 52 Storage units owned: 13,750 Square feet owned: 1,670,000 Primary brand names owned: StayLock Storage Expansion plans: Actively seeking opportunities to acquire existing facilities throughout the company's target markets. 50. Iron Guard Storage Founded: 2010 Owner: David Ross CEO/President: David Ross Website: www.ironguardstorage.com Contact: Jim Michael E-mail: jmichael@rossmgt.com Facilities owned: 28 Storage units owned: 11,477 Square feet owned: 1,607,456 Primary brand names owned: Iron Guard Storage Expansion plans: Purchase more facilities. 51. Stor-N-Lock Cos. Founded: 1979 Owner: Alan Jones, Frank McCullough Website: www.stor-n-lock.com Contact: Alan Jones E-mail: rbohn@stor-n-lock.com Facilities owned: 22 Storage units owned: 12,111 Square feet owned: 1,519,413 Primary brand names owned: Stor-n-Lock Self Storage Expansion plans: One new facility opening in 2019. 52. Anclote Holding Co. Inc., dba Storage Zone Founded: 1986 Owner: James P. Nault CEO/President: James P. Nault Website: www.mystoragezone.com Contact: James Nault E-mail: jamesnault@mystoragezone.com Facilities owned: 29 Storage units owned: 8,669 Square feet owned: 1,511,339 Primary brand names owned: Storage Zone Self Storage & Business Centers Expansion plans: To add two facilities or 100,000 square feet per year through acquisition. Specializes in acquiring older, underperforming facilities. 53. StorPlace Self Storage Founded: 2006 Owner: Ed Freeman CEO/President: Ed Freeman Website: www.storplaceselfstorage.com Contact: Ed Freeman E-mail: edf@storplace.com Facilities owned: 17 Storage units owned: 10,015 Square feet owned: 1,415,789 Primary brand names owned: StorPlace Self Storage Expansion plans: To expand in the Nashville Metropolitan Statistical Area. 54. America West Management* Founded: 1976 CEO/President: Gary Braun Website: www.storewithus.com Contact: Gary Braun E-mail: gbraun@storewithus.com Facilities owned: 22 Storage units owned: 10,922 Square feet owned: 1,391,953 Primary brand names owned: Alamo Self Storage, Budget Self Storage Expansion plans: Focus on existing facilities for maximum return. 55. Tierra Corp. Founded: 1976 Owner: Art Flaming CEO/President: Art Flaming Website: aspselfstorage.com Contact: Kristen Harris E-mail: kharris@tierracorp.com Facilities owned: 13 Storage units owned: 9,694 Square feet owned: 1,270,185 Primary brand names owned: A Storage Place, ASP Self Storage, Central Avenue Self Storage, Mission Valley Self Storage, National City Self Storage, Rancho Bernardo Self Storage, San Marcos U-Store, Stowaway Self Storage Expansion plans: Add 22,000 square feet to an existing facility in Chula Vista, Calif., and purchase two properties within the next year. 56. Valley Storage Founded: 1986 Owner: Todd Snook CEO/President: Todd Snook Website: www.valleystorageco.com Contact: Todd Snook E-mail: todd@valleystorageco.com Facilities owned: 23 Storage units owned: 9,054 Square feet owned: 1,256,909 Primary brand names owned: Valley Storage Expansion plans: Expand company facilities in Harrisonburg and Lexington, Va.; Leitersburg, Md.; and Medina, Ohio. Add new temperature-controlled units at one North Ridgeville, Ohio, location. Seeking acquisitions in the states where the company currently operates as well as bordering states. 57. Watchman Properties Founded: 2009 Owner: Family and Private Equity CEO/President: Marcus and Ryan Smoot Website: watchmanproperties.com Contact: Marcus Smoot E-mail: marcus@watchmanproperties.com Facilities owned: 28 Storage units owned: 8,636 Square feet owned: 1,248,978 Primary brand names owned: "City Name" Lock Storage, Thrifty Storage, plus others under street or mascot names Expansion plans: Looking to acquire another six storage facilities this year, or one to two per quarter. 58. SKS Management LLC* Founded: 1978 CEO/President: Natolie Ochi Website: www.sksmgmt.com Contact: Natolie Ochi E-mail: nochi@sksmgmt.com Facilities owned: 12 Storage units owned: 12,041 Square feet owned: 1,232,667 Primary brand names owned: Saf Keep Storage Expansion plans: Continue to grow in California and Hawaii. *Also appears on the Top 50 list of facility-management companies

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