MALVERN, PA—(Marketwired – Dec 16, 2014) – CubeSmart (
“Our strong cash flow growth is driven by our high quality portfolio and sophisticated operating platform that is designed to maximize profitability at the store level,” said Christopher P. Marr, President and Chief Executive Officer. “This 23% dividend increase reflects our strategy of sharing our growth with common shareholders while also continuing to retain capital to support investment opportunities that create long–term value.”
About the Company
CubeSmart is a self–administered and self–managed real estate investment trust. CubeSmart owns or manages 592 self–storage facilities across the United States. According to the 2014 Self Storage Almanac, CubeSmart is one of the top four owners and operators of self–storage facilities in the U.S.
The Company plans to exceed Customer expectations by adding more personalized services and technology to some of the best storage spaces around. The Company's self–storage facilities are designed to offer affordable, easily accessible, secure, and, in most locations, climate–controlled storage space for residential and commercial Customers. CubeSmart® services include storage customization, logistics services, comprehensive moving services, organizational services, and office amenities.
For more information about business and personal storage or to learn more about the Company and find a nearby storage facility, visit www.CubeSmart.com or call CubeSmart toll free at 800–800–1717.