StorageMart to Acquire Manhattan Mini Storage
StorageMart, the largest privately-owned self-storage company in the world, announced today it has entered into a definitive agreement to acquire Manhattan Mini Storage, subject to customary closing conditions. The purchase of Manhattan Mini Storage includes the entirety of the company’s 18 self-storage real estate locations throughout Manhattan.
Citigroup served as the exclusive financial advisor to StorageMart. Kirkland & Ellis LLP served as legal counsel to StorageMart. Eastdil Secured served as the exclusive financial advisor to Manhattan Mini Storage.
Following the acquisition, StorageMart will exceed 20 million net rentable square feet of storage and more than 200,000 storage units worldwide.
ABOUT STORAGEMART
Founded by the Burnam Family in 1999 and headquartered in Columbia, MO, StorageMart is the world’s largest privately-owned self-storage provider with locations across the US, UK, and Canada. The company is committed to giving back to the many communities it calls “home” and has donated more than one million dollars in sponsorships and storage space to non-profits through its Store-It-Forward charitable giving program.
For more information, please contact:
StorageMart
Sarah Little
Managing Director, Digital Marketing
573.449.0091
Sarah.Little@storage-mart.com
More Content
Popular Posts
The self storage industry is in a precarious...
The REITs new pricing strategy – lowering...
There are an estimated 700,000 hotels in the...
Joe Shoen, CEO of U-Haul, has had enough.
In a booming economy, expendable income...
Self-storage is not an industry that is...
Boat and RV storage has morphed and...
National Storage Affiliates Trust (NSA), the...
It’s said that necessity is the mother of...
It’s odd that I ever get the “last word,”...
Mother Nature can be a cruel mistress....
The question of “abandonment” of stored...
As children, most of us played “follow the...
Over the last five years, as the use of...
With the approval of both companies’...
Recent Posts
In a world where technology often...
In 1992, Clinton strategist James Carville...
With over 100 years of excellence in...
For 20 years, Mike Phillips idly flipped...
This year’s facility of the year winner, DXD...
Vertical reciprocating conveyors (VRCs) act...
2020 Construction Facility of the Year:...
Storage doors are among the most frequently...