CubeSmart Investor Presentation Deck
CubeSmart's History
Focused strategic execution driving meaningful growth
Arrival of current
management
team
2006
U-STORE.IT
U-Store-It
Initial Public
Offering
2004
Enterprise Value¹:
$1.0 billion
2004
4 CUBESMART
Moved
headquarters to
suburban
Philadelphia
2008
Began capital
recycling program
to improve
portfolio quality
2007
CUBESMART
Rebranded
company as
CubeSmart
2011
Acquired United
Stor-All to establish
3rd Party
Management
platform
2010
Received
Investment Grade
credit rating from
Moody's and S&P
2011
Acquired 22
property Storage
Deluxe portfolio,
primarily in NYC,
for $560 million
2011
1. Market value of common equity and book value of debt as of October 22, 2004
2. Market value of common equity and book value of debt as of September 30, 2020
Enterprise Value²:
$8.3 billion
Grew the portfolio by over
$1.6 billion through
acquisitions and
developments
2015-2019
WINNER
ISS SELF-STORAGE 2012
BEST OF BUSINESS
BEST CUSTOMER SERVICE
Won 1st ISS industry
award for Best
Customer Service
2012
Opened 1,000th
CubeSmart branded
location
2018
2020View entire presentation