CubeSmart

CubeSmart is a real estate investment trust that invests in self storage facilities in the United States. As of December 31, 2024, it owned 631 self storage properties in 25 states and the District of Columbia containing 45.8 million rentable square feet.^[1] It is the 3rd largest self storage company in the United States.^[2]

CubeSmart

Formerly	U-Store-It Trust (2004–2011)
Company type	Public company
Traded as	NYSE: CUBE S&P 400 component
Industry	Real estate investment trust
Founded	July 2004; 21 years ago (2004-07) in Maryland, U.S.
Headquarters	Malvern, Pennsylvania, U.S.
Number of locations	611 stores (December 2022)
Key people	Christopher P. Marr (CEO) Timothy M. Martin (CFO) Joel Keaton (COO)
Products	Self storage
Revenue	US$1.009 billion (2022)
Net income	US$291 million (2022)
Total assets	US$6.325 billion (2022)
Total equity	US$2.840 billion (2022)
Number of employees	2,804 (2022)
Website	www.cubesmart.com
Footnotes / references [1]

CubeSmart Headquarters, Malvern, PA

The company was known as U-Store-It Trust until 2011.

History

The company was founded in July 2004 as U-Store-It Trust.^[1]

In October 2004, the company became a public company via an initial public offering.^[3]

In December 2008, the company transferred its headquarters to Malvern, Pennsylvania.^[4]

On September 14, 2011, the company changed its name to CubeSmart.^[5]

In December 2021, the company acquired Storage West for $1.7 billion.^[6]