CubeSmart Investor Presentation Deck
Market Leader in New York City
NYC competitive advantage is a key component of our long-term strategy
Best-In Class Portfolio
Our NYC stores make up the largest
portfolio of purpose-built, Class-A
properties in the outer boroughs that
create vibrant billboards for our brand
Lowest Supplied Market
Supply across the three key outer
boroughs is 2.7 SF per capita¹, the
lowest nationally and less than half the
national average of 7.6 SF per capita².
Supply pipeline is waning due to recent
legislative changes removing self-
storage eligibility for the ICAP tax
incentive program
1. Source: CubeSmart internal market research
2. Source: 2023 Self-Storage Almanac
Unique Submarkets
Each borough features a robust local
economy with its own unique, stable
demand drivers
Portfolio Composition³
All Other
Markets
Bronx 5.6%
Queens 5.2%
Northern NJ 3.7%
Other NYC 1.0%
Westchester 1.5%
Long Island 1.3%
Brooklyn 4.9%
3. Total portfolio NOI for the three months ended September 30, 2023
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