property type: Self Storage

May 18, 2004 Shurgard Storage Centers Inc. (NYSE:SHU) has hired Dev Ghose as chief financial officer. He will join the company on June 7.Ghose will report directly to Dave Grant, president and chief operating officer of the Seattle self-storage REIT. ...

May 4, 2004 W.P. Carey & Co. LLC ((NYSE:WPC) has completed its $312 million purchase of a portfolio of 78 U-Haul self-storage and truck rental facilities.Three of Carey's REIT subsidiaries are purchasing the portfolio: CPA:14, CPA:15 and CPA:16 – Global.The ...

April 26, 2004 CT Realty Corp. has acquired two storage outlet properties in the greater Los Angeles and San Diego markets.The Newport Beach, Calif., REIT bought 3.76 acres of land in Hawaiian Gardens, Calif., for $3.15 million from the Nelson ...

April 19, 2004 Shurgard Storage Centers Inc. (NYSE:SHU) has lined up a $100 million unsecured term loan.The loan, which matures Feb. 26, 2005, is priced at Libor plus 125 basis points.The Seattle REIT will use $50 million received at the ...

April 15, 2004 St Louis Post-DispatchTwo developers – attracted by the growth in Arnold, Mo., south of St. Louis – are pitching plans to revive and expand the retail base. One plan, estimated to cost $43 million, entails redeveloping a ...

The New York company would lease back the properties, self-storage and truck rental facilities to the two Nevada partnerships that are selling them. Carey is also looking for $184 million of long-term financing to complete its purchase.

April 1, 2004 The Daily OklahomanA company led by Grant Humphreys has paid $18.4 million for eight ministorage facilities totaling 4,240 units. Humphreys and a small group of equity partners purchased the Storage USA centers – seven in Oklahoma City ...

February 6, 2004 Vornado Realty Trust (NYSE:VNO) has completed two significant financing deals for a Manhattan office property and a temperature-controlled warehouse business it owns with Crescent Real Estate Equities Co. (NYSE:CEI).Vornado, a Paramus, N.J., REIT, got a $300 million ...

The insurance firm closed several major property acquisitions in December, investing nearly $700 million for office properties, two industrial portfolios and a package of storage facilities.

January 12, 2004 Liberty Self-Stor Inc., a self-storage REIT based in Mentor, Ohio, has hired C. Jean Mihitsch as chief financial officer.Mihitsch previously was CFO at GLB Bancorp, Inc., a publicly traded bank holding company that she joined in 1998. ...