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U-Store-It Trust · Wayne, PA United States ·(NYSE: YSI)

Company Description

460 E. Swedesford Rd. Ste. 3000
Wayne, PA
19087
United States (Map)
Phone: 610-293-5700
Toll Free: 800-234-4494
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    U guessed it -- U-Store-It Trust invests in self-storage facilities. The real estate investment trust (REIT) owns and manages approximately 400 facilities totaling approximately 25 million sq. ft. of leasable space in more than 25 states and Washington, DC. The company also manages about 15 facilities owned by affiliate Rising Tide Development. Tenants, who typically rent units on a month-to-month basis, can also purchase packing supplies and locks at the facilities. Amenities include security systems and wider aisles for larger vehicles, as well as climate-controlled units and outdoor storage for vehicles and boats at selected sites. To read the full description, subscribe now.
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    Key U-Store-It Trust Financials

    Company TypePublic - NYSE: YSI

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$236.4
    2008 Employees931

    U-Store-It Trust Executives

    13 executives listed for U-Store-It Trust's Wayne, PA location.
    TitleName & BioContact
    ChairmanWilliam DiefenderferNetwork
    CEO and DirectorDean JerniganNetwork
    President and Chief Investment OfficerChristopher MarrNetwork

    Competition

    Competitive Landscape for U-Store-It Trust
    Home sales, residential rental turnover, and corporate relocations drive demand for moving and storage services. The profitability of individual companies depends on good marketing, as services are largely the same. Large companies have economies of scale in marketing and in being able to consolidate loads on long hauls. Small companies can compete with large ones by specializing in local markets and by offering competitive prices and better service for local moves. The industry is labor-intensive: average annual revenue per employee is about $125,000. To read the full description, subscribe now.
    Top U-Store-It Trust Competitors
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