2 Followers USX:CUBE - CubeSmart CubeSmart
Sector: Real Estate, Industry: Industrial REITs
Next Earnings: 25 Apr 2024
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USD 45.22    -0.18 (-0.40%)

28 Mar 2024


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General

CEO: Mr. Christopher P. Marr

IPO: 2004-10-22

Headquarters: US

Employees: 2,804

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Description

CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with numerous enclosed storage areas for both residential and commercial customers to rent mainly on a month-by-month basis. Most of CubeSmart's facilities are located in Florida, Texas, California, New York, and Illinois. Cumulatively, these states account for both the majority of the square footage in the company's real estate portfolio and the majority of its revenue. The company derives nearly all of its revenue from rental income from tenants utilizing its storage facilities.

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