Sovran Self Storage Acquires Assets
Sovran Self Storage Inc. (NYSE:SSS) recently announced the acquisition of 22 Texas self storage for $111.0 million. The acquired property spans approximately 1.3 million square feet of net rentable storage space and will be operational under the company’s trade name of Uncle Bob’s Self Storage. The acquisition was funded by proceeds generated from the company’s [...]
Sovran Self Storage Inc. (NYSE:SSS) recently announced the acquisition of 22 Texas self storage for $111.0 million. The acquired property spans approximately 1.3 million square feet of net rentable storage space and will be operational under the company’s trade name of Uncle Bob’s Self Storage. The acquisition was funded by proceeds generated from the company’s line of credit and cash flow from operations.
In a separate transaction, the company also announced that it has acquired a storage … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards