CubeSmart Investor Presentation Deck
High Quality Portfolio | Attractive Demand Profile | Positive Supply Trends | Premier NYC Operator
1.
2.
Diverse Portfolio with Strong Supply-Demand Characteristics.
Each borough is a sizable market on its own, and the attractive supply-demand backdrop supports
significantly higher rental rates than similarly-sized markets
Rank MSA
1
23
24
29
43
New York-Northern NJ-Long
Island, NY-NJ-PA
28 Austin-Round Rock, TX
44
Orlando-Kissimmee, FL
Brooklyn
San Antonio, TX
Queens
Las Vegas-Paradise, NV
Oklahoma City, OK
Bronx
Memphis, TN-MS-AR
US Census Bureau Annual Estimates of Resident Population For Metropolitan Statistical Areas as of July 1, 2021
2023 Self Storage Almanac & CUBE Internal Market Research
Population¹ SF per Capita² Realized RPSF3
19.8M
2.69 M
2.64 M
2.60 M
2.35 M
2.33 M
2.29 M
1.44 M
1.42 M
1.34 M
3.3
7.3
2.5
8.6
8.8
2.4
8.0
11.0
3.2
7.8
$33.12
$15.48
$37.19
$14.99
$16.52
$36.79
$18.39
$9.244
$34.83
$11.764
3. CUBE same-store quarterly average realized rent per occupied square foot for the 3 months ended March 31, 2023
Yardi Matrix average March 2023 rate for 10x10 unit (CUBE does not own properties in these markets)
4.
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