CubeSmart CEO Chris Marr said he isn’t concerned about new self-storage development affecting the company’s performance anytime soon, during the Malvern, PA-based REITs most recent earnings conference call. In the company’s top seven markets, CubeSmart has seen the number of new facilities double each year over the last three years. In 2014, Marr said 21…

For years, Michael Cappelletti specialized in helping entrepreneurs and others to operationally get their businesses up and running in the Boston area. Two years ago, he decided it was time to strike out on his own–and now he is helping a local storage operator fill up units. Cappaletti launched Cubiq, a “boutique storage” company that…

Call them a satisfied customer. CubeSmart has acquired a newly constructed self-storage facility at 809 Neptune Avenue in Coney Island from New York-based operator Storage Deluxe. The 139,000-square-foot facility cost the Malvern, PA-based REIT $49 million, according to The Real Deal. The purchase isn’t the two operators first transaction together; CubeSmart became New York City’s largest…

Building upon its purchase of the Storage Rentals of America portfolio last year, West Palm Beach, FL-based Elite Stor Capital recently acquired seven facilities in Kentucky, Florida and South Carolina for $20 million. CEO Benjamin Macfarland told the SpareFoot Storage Beat that the company is planning to continue to acquire aggressively in 2016 and start…