property type: Self Storage

October 29, 2004 U-Store-It Trust (NYSE:YSI), a REIT focused primarily on the self-storage industry, has completed its $184 million acquisition of a 2.6 million-square-foot portfolio from Metro Storage LLC.The newly public REIT also plans to spend about $2.2 million to ...

October 22, 2004 The Dallas Morning News (Fifth item)TJD Corp. is negotiating to sell a vacant 17-story office tower in downtown Dallas to investors who plan to redevelop the property into a storage facility. The vacant 211 N. Ervay Building ...

The investment bank, which is underwriting a $400 million initial public offering for U-Store-It, the Amsdell family's self-storage business, is providing $270 million of debt to the REIT. And it is teaming with Wachovia on a $150 million credit line.

October 15, 2004 Public Storage Inc. (NYSE:PSA) has paid $121.5 million for a portfolio of 32 storage facilities.The properties – in Minnesota, Texas and Wisconsin – have 14,873 units totaling 2.1 million square feet.The Glendale, Calif., REIT has self-storage facilities ...

October 14, 2004The European unit of Shurgard Storage Centers Inc. (NYSE:SHU) has priced a 325 million euro ($403 million) bond offering.The seven-year, non-amortizing bonds were rated by Standard & Poor's and Fitch Ratings. The notes are backed by certain properties ...

October 4, 2004 Houston Business Journal(Second item)Houston-based 24-Hour Self Storage has sold four local properties totaling 313,000 square feet to Storage Choice of Dallas for an undisclosed amount. The properties are at West Airport and Beltway 8; on S. Kirkwood, ...

September 30, 2004Extra Space Storage has bought an 82,000-square-foot Storage Deluxe property in the Bronx, N.Y., for $14.2 million, or $11,161/unit. The Salt Lake City firm bought the self-storage facility from a New York investment partnership. Michael Mele and Charles ...

August 12, 2004 Extra Space Storage Inc. (NYSE:EXR), a Salt Lake City owner of self-storage facilities, expects to raise $252.5 million through its initial public offering of common shares. The company owns 110 properties in 15 states with 69,700 units ...

July 14, 2004 The European unit of Shurgard Storage Centers Inc. (NYSE:SHU) has formed a venture with an investment vehicle sponsored by First Islamic Investment Bank to develop 37 properties in Europe over the coming two years.The venture is expected ...

June 17, 2004 George Elkins Mortgage Banking Co.'s Newport Beach, Calif., office has arranged $4.6 million of fixed-rate financing for a 500-unit self-storage facility in Rancho Cucamonga, Calif. The property, which was completed three years ago at Foothill Boulevard, is ...