Simply Self Storage
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 | |
| Company type | Private |
|---|---|
| Industry | Self-storage |
| Founded | 2003 |
| Headquarters | , USA |
Areas served | Select Cities in United States |
| Owner |
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| Website | simplyss |
Simply Self Storage is a privately owned self-storage company in the United States. It has more than 100 operating self-storage facilities with over 8 million square feet of storage space combined.[1][2]
The company is headquartered in Orlando, Florida and has self-storage facilities in Alabama, California, Florida, Georgia, Illinois, Indiana, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, Tennessee, Texas, Virginia, and Washington.[3]
In January 2016, Brookfield Asset Management announced purchasing Simply Self from Tavistock.[4] It was not disclosed how much money Tavistock may have lost as investors in the company.[5]
In July 2018, Brookfield announced shrinking the Simply Self Storage portfolio by 112 properties when those sites were sold to a joint venture involving National Storage Affiliates.[6]
In December 2020, Blackstone purchased what was remaining of the Simply Self Storage properties from Brookfield. No information was given regarding plans for the platform or retention of management team. Brookfield did not disclose any other holdings in the self storage sector.[4]
In September 2023, it was announced that Public Storage completed the purchase of Simply Self for $2.2 billion.[7]
References
[edit]- ^ "Simply Self Storage : Listing : Top-Operators List". www.insideselfstorage.com. Archived from the original on 2014-05-18.
- ^ "Decluttering, Organization & Storage Tips | Simply Self Storage Blog". Simply Safe Storage.
- ^ "Corporate Information | Simply Self Storage". Simply Safe Storage.
- ^ a b "Blackstone Real Estate Income Trust Completes Acquisition of Simply Self Storage for Approximately $1.2 Billion". Blackstone Real Estate. 18 December 2020.
- ^ "Fund to put $830 million into Simply Self Storage". www.sparefoot.com. 7 January 2016.
- ^ "National Storage Affiliates Trust Joint Venture to Acquire 112 Simply Self Storage Properties for $1.3B". Inside Self Storage. 12 July 2018.
- ^ "Sold! Public Storage completes purchase of Simply Self Storage". SpareFoot Storage Beat. 21 September 2023. Retrieved 2023-12-13.