CubeSmart Investor Presentation Deck
High Quality Portfolio | Attractive Demand Profile | Positive Supply Trends | Premier NYC Operator
Strong Demand Trends Navigate Supply Lease-up
The strength of NYC is proven by its ability to generate growth throughout the recent supply wave
Time of Peak
Supply
Increase in SF
per Capita¹
3-Year Same-Store
Revenue Growth CAGR²
4.0%
3.0%
2.0%
1.0%
0.0%
-1.0%
-2.0%
NYC/NJ/LI
2019-2021
+20.3%
3.0%
Chicago
2016-2018
+13.2%
1.1%
Houston
2017-2019
+16.2%
1. Source: YardiMatrix & CUBE internal market research
2. Compounded annual revenue growth for the 2016 Same-Store Pool in each respective market for the defined three-year period
-1.5%
Denver
2017-2019
+29.2%
-1.5%
Strong demographics
support demand, helping
NYC generate positive
revenue growth even
during the peak of supply
deliveries, in contrast to
other supply-impacted
markets that experienced
more challenging
performance during their
peak delivery period
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