CubeSmart Investor Presentation Deck
High Quality Portfolio | Attractive Demand Profile | Positive Supply Trends | Premier NYC Operator
CUBE Development in New York
Significant value-creation through development, but future opportunities are likely to be in the suburbs
Avg. Market Rent
Pre-2021 Delivery
2021-2022 Delivery
Under Development¹
1. Includes a development project in Port Chester, NY recently added to the pipeline
2. All-in cost of development projects completed or currently in the pipeline
$698 Million Investment in the NY/NJ/LI MSA²
140,000
120,000
100,000
80,000
60,000
40,000
20,000
Brooklyn
$168.2M
Annual Deliveries
($ in thousands)
...
2015 2016 2017 2018 2019 2020 2021 2022
2014
Bronx Queens Manhattan Suburbs
$142.1M $143.6M $81.2M
$163.0M
Portfolio enhancement and
meaningful value creation
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