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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Jernigan Capital is a boutique self-storage REIT that primarily invests alongside professional developers in new self-storage properties. Understanding the needs of self-storage entrepreneurs is what Jernigan Capital does best. We are not only a capital partner but also a trusted provider of industry know-how accumulated during more than 35 years in the self-storage industry. JCAP New Bridge Loan Program - Non-recourse loan with compelling LTV/LTC - Minimum 5 year term, interest only at fxed rate - 45 to 60 days initial call to closing - Flexible in prepayment WWW.JERNIGANCAPITAL.COM Need to pay of your construction loan? Would you like to take out your partners, own more of your nice facility and create better cash fow for yourself? Call us at 901-567-9578 We have a New Bridge Loan Program for you! or ISS TOP OPERATORS 2018: FACILITY OWNERS 30 ISS I October 2018 66. Storage Pros Management LLC Founded: 2007 Owner: Ian Burnstein, David Levenfeld CEO/President: David Levenfeld, John Price Website: Contact: John Price E-mail: Facilities owned: 21 Storage units owned: 9,982 Square feet owned: 1,140,220 Primary brand names owned: CubeSmart Expansion plans: Continued growth via development in the Northeast and opportunistic acquisitions within established markets. 67. Miami City Self Storage Founded: 2012 Owner: Steve Garchik, Jay Massirman, Steve McBride CEO/President: Jay Massirman Website: Contact: Jay Massirman E-mail: Facilities owned: 13 Storage units owned: 13,000 Square feet owned: 1,112,852 Primary brand names owned: CubeSmart Expansion plans: Developing in California. Looking at Boston and other urban-infll areas with limited self-storage supply. 68. Towne Storage Management Co. Founded: 2001 Website: Contact: Burke Bradshaw E-mail: Facilities owned: 17 Storage units owned: 8,118 Square feet owned: 1,101,468 Primary brand names owned: Towne Storage Expansion plans: Currently building new facilities in Riverton and West Valley, Utah; and Las Vegas. 69. SI Management LLC Founded: 1985 Owner: Craig Lyons CEO/President: Craig Lyons Website: Contact: Craig Lyons E-mail: Facilities owned: 13 Storage units owned: 11,555 Square feet owned: 1,090,323 Primary brand names owned: Extra Storage, Stor-It Self Storage, Stor-It Vault Expansion plans: Will consider all development and acquisition plans in California. 70. Storage of America Founded: 2003 Owner: Robert Walker CEO/President: Robert Walker Website: Contact: Derek Walker E-mail: Facilities owned: 13 Storage units owned: 9,372 Square feet owned: 1,089,437 Primary brand names owned: Storage of America Expansion plans: Currently has several conversion projects under construction and in planning phases. 71. Bitterroot Holdings (Keylock Storage) Founded: 2012 Owner: AJ Osborne, Ron Osborne CEO/President: AJ Osborne, Ron Osborne Website: Contact: Tricia Gonzalez E-mail: Facilities owned: 11 Storage units owned: 5,331 Square feet owned: 1,056,000 Primary brand names owned: Keylock Storage Expansion plans: To purchase and build additional storage facilities 72. Incaaztec Management Inc. Founded: 2007 CEO/President: John T. Cameron Website: Contact: John Cameron E-mail: Facilities owned: 26 Storage units owned: 7,173 Square feet owned: 1,026,600 Expansion plans: Intend to expand. 73. Polo Properties LLC Founded: 1985 Owner: Geiler Family Website: Contact: Joanne Geiler E-mail: Facilities owned: 14 Storage units owned: 10,000 Square feet owned: 995,000 Primary brand names owned: SoCal Self Storage Expansion plans: Looking for new opportunities in the Southern California market. *Also appears on the Top 50 list of facility-management companies

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