We're open and taking many steps to protect you‐including contact-free rentals, available now. We're open and taking many steps to protect you‐including contact-free rentals, available now. “Over the last few months, we have faced unprecedented challenges and uncertainty. CubeSmart. Company Participants. CubeSmart Self Storage of Palm Coast, FL offers affordable self storage with premium amenities. I have rented a storage space from CubeSmart since 2012. Cube smarts costs can’t be going up that much in a fixed footage facility. PissedConsumer1047824. Increased same-store (477 stores) net operating income (“NOI”) 0.8% year over year, driven by 1.7% revenue growth and a 3.8% increase in property operating expenses. You will be automatically registered on our site. I never once got a rate increase. Mandatory insurance, Pricing. No reason or explanation for the increase, just pay more for the same unit that hasn't grown in size but somehow is more valuable than it was before. CubeSmart Q2 2020 ... Last quarter, we adjusted several of our operating practices by stopping our lean sales and pausing on our rent increases to existing customers, among other things. You can try to reach review author by writing a comment to the review or try one of our business solutions. Rights Reserved, You Are About to Contact PissedConsumer.com, CubeSmart - Mandatory insurance is a scam, I have read and agree to the Pissed Consumer. The previous owners only increased the rent once in 3 years by 5 or 10%, that's how a reputable business operates. CubeSmart reported FFO per share of $0.44 during the quarter, which was equal to the third quarter a year ago. ... 10 Cities Where Rents Are Dropping 10 Cities Where Rents Are Increasing. MALVERN, Pa., Aug. 06, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and six months ended June 30, 2020. Write a private message as CubeSmart verified representative. MALVERN, Pa., Nov. 05, 2020 (GLOBE NEWSWIRE) - CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2020. Yet they have raised my rates in under a year. If you are using a screenreader and would like help using this website, please call 844-709-8051. Cubesmart Self-storage Storage Unit. Private messages do not impact your company rating. CubeSmart Cons: They raise them every year I have 2 10x15s so I am paying big bucks each month. Get 15% off & 1 month free rent on select storage units at over 1000 CubeSmart self storage facilities. Unit Size. Increases in property operating expenses were attributable to a $1.6 million increase in same-store expenses primarily due to higher property taxes and advertising costs, $2.5 million of increased expenses associated with newly acquired or developed stores and $0.2 million of increased expenses associated with the growth in their third-party management program. 5' x 5' 5' x 10' 5' x 15' 10' x 10' 10' x 15' 10' x 20' 10' x 30' All Sizes. Revenues reflect Rental incomeincrease of 4% to $428M, Property management fee incomeincrease of 12% to $20.1M. Popular Articles. Revenue grew 3.6% on a year-over-year basis. “Over the last few months, we have faced unprecedented challenges and uncertainty. Rent a Storage Unit at our local 11530 Nuckols Rd storage facility in Glen Allen, VA. Cubesmart offers affordable storage and up to 1 Month of Free Storage! Defined terms in these Rules have the same meanings given to those terms in the Agreement. CubeSmart attributed part of this $5.1 million increase in revenue to “increased insurance penetration.” 28. You can try to reach review author by writing a comment to the review or try one of our business solutions. What a rip off. CubeSmart - Yearly rental increases Oct 19, 2019 @ Pissed Consumer Related: CubeSmart - Bad Business This year they INCREASED it by $20.00 a month! Comment the review as CubeSmart verified representative. You will be able to edit the text before publishing. Rent a Storage Unit at our local 6501 S Interstate 35 E storage facility in Corinth, TX. 5 reviews of CubeSmart Self Storage "Staff is friendly, prices are OK. Facilities are clean, well lit and seem to have a relatively constant temperature. Contact Review Author as Verified Representative, Business Solutions For Verified Company Representatives, Pissed Consumer © 2020 All Unfortunately, I am locked in renting these units for the next four months but I will be out ASAP. Filters. Ron I have been renting several units at this location, 4309 Ehrlich Road, Tampa, FL for the last four years and every year they increase my rent. Great Comment! MALVERN, Pa., Nov. 05, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2020. They started off the same way as CubeSmart. 1-877-279-7585. I haven't even had my storage unit for 6 months with CubeSmart, when I randomly receive a "rent increase card" in the mail stating the rental amount of my unit will go up another $50.00. Map. “The last few weeks have brought about a time of great uncertainty… and have also brought out the best in our people. Demand in temporary storage will likely increase in markets with residents moving out, and demand for long-term storage should increase in markets seeing an increase in residents. If I terminate this Agreement before the end of a monthly Term, I will not receive a rent refund. ] Get contact details that poster left for the company. Product or Service Mentioned: The largest self-storage REITs saw average rates increase about 12 percent in October, too, according to Green Street. Reviews on Trustpilot are mixed, but also focus on specific storage facilities. If you haven’t been doing regular rent increases, the first one will be most jarring to your long-term renters. CubeSmart is a self-administered and self-managed real estate investment trust. 218 people have already reviewed CubeSmart Self Storage. Increases in property operating expenses were attributable to a $1.6 million increase in same-store expenses primarily due to higher property taxes and advertising costs, $2.5 million of increased expenses associated with newly acquired or developed stores and $0.2 million of increased expenses associated with the growth in our third-party management program. CubeSmart is a self-administered and self-managed real estate investment trust. Our 11 Pine Lakes Pkwy N location has many storage units, including climate controlled storage units and vehicle storage units suited for car, motorcycle, and trailer storage. Pick the best storage unit size & reserve it today! We understand that our customers are often going through a diff... icult life transition. EVERY SINGLE YEAR they have increased my rent by $10.00 a month. Review #681663 is a subjective opinion of They increase the rent 25% every 3-6 months. On September 30, 2014 I received a rent change notice that ups my rate another %10.2 to $119 per month as of November 1, 2014. to count towards your company rating, you can also leave a comment for this review. After cubesmart took over, the rent increased from $165 to $292/month. Would You Like to Convert It Into Review? If you wish that your prior post be removed, submit a notarized letter. CubeSmart annual revenue for 2019 was $0.644B, a 7.69% increase from 2018. If you want your response was a $5.1 million increase from the 2014 fiscal year, during which CubeSmart reported taking in $40.1 million in non-rental revenue. We are processing your message. View RV, Boat & Auto Storage. The demand for self-storage is growing, so where will CubeSmart be in five years? If you’ve recently taken over the property and some of your renters haven’t ever seen a rent increase, some of your long-term renters will be flabbergasted, and you’ll need to … As of December 31, 2019, it owned 523 self-storage properties in 24 states and the District of Columbia containing 36.6 million rentable square feet. CubeSmart (NYSE: CUBE) is one of the major players in the self-storage arena with over 1,200 facilities nationwide. Reason of review: Skip To Main Content. Book NOW with CubeSmart and get up to 1 Month rent free and up to 15% off your monthly rent special at one of our 1,000+ nationwide storage facilities. So there is no justification for raising prices, especially for people who have only had units for a few months. Performance rebounded across our portfolio, as strong demand trends drove record-high same-store occupancies … “The last few months have showcased the strength and resilience of the entire CubeSmart platform. We also offer a variety of moving supplies like tape, boxes, and bubble wrap. Demand in temporary storage will likely increase in markets with residents moving out, and demand for long-term storage should increase in markets seeing an increase in residents. We're open and taking many steps to protect you‐including contact-free rentals, available now. Change Location. After cubesmart took over, the rent increased from $165 to $292/month. The increase is attributable to a higher amount of outstanding debt during the 2020 period. Drive Up Access. Do you have a sense of how long it would take to move those people back to … Either I or Owner (CubeSmart) may terminate this Agreement at any time. By: CubeSmart via GlobeNewswire News Releases. Skip To Main Content . “This past year marks. Comment the review as CubeSmart verified representative. I haven't even had my storage unit for 6 months with CubeSmart, when I randomly receive a "rent increase card" in the mail stating the rental amount of my unit will go up another $50.00. CubeSmart has long stood for, and has been widely recognized for, exceptional customer service. Cubesmart offers affordable storage and up to 1 Month of Free Storage! FINANCIAL BRIEF:: For the nine months ended 30 September 2020,CubeSmart revenues increased 5% to $500.4M.Net incomedecreased 3% to $123.3M. CubeSmart Q3 2020 ... And you also paused your rent increases during that time as well. Teaneck NJ Self Storage & Storage Units For Rent. Do you agree with CubeSmart Self Storage's TrustScore? CubeSmart owns or manages 1,156 self-storage properties across the United States. MALVERN, Pa., Feb. 21, 2019 -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and twelve months ended December 31, 2018. CubeSmart - Rate increase right after they lured me in w/promotional pricing Oct 31, 2020 @ Pissed Consumer Also, their website does not work when you try to log in to make a payment. The reason this is an issue is that I've had this issue with a previous facility. CubeSmart annual revenue for 2017 was $0.559B, a 9.59% increase from 2016. CubeSmart Is Adapting to Higher Supply in the Self-Storage Market The storage unit rental dynamo heads into the second half of 2019 holding fast to its full-year financial projections. Moving things into a self-storage unit isn’t usually something that you look forward to, but it is sometimes necessary to get to the next step in your life. What a rip off. About CubeSmart. I can understand that any business has to make a profit but this company, in my opinion goes way overboard. Once again, self storage showed its resilience and our team continued to adapt, finding innovative new ways to meet the varied needs of … So my rate increase has been 29.3 % in the first 18 months at cubesmart....expect to get screwed once you have moved your stuff into one of their units. Plus, if yo pay by credit card you get charged $3.95. Get contact details that poster left for the company. Christopher Marr - … Rights Reserved, You Are About to Contact PissedConsumer.com, I have read and agree to the Pissed Consumer. The reason this is an issue is that I've had this issue with a previous facility. MALVERN, Pa., May 07, 2020 (GLOBE NEWSWIRE) -- CubeSmart today announced its operating results for the three months ended March 31, 2020. CubeSmart revenue for the twelve months ending June 30, 2020 was $0.660B, a 6.59% increase year-over-year. With the current market, is CubeSmart a buy? Click here to learn more. Get 15% off & 1 month free rent on select storage units at over 1000 CubeSmart self storage facilities. https://www.cubesmart.com/texas-self-storage/corinth-self-storage/3576.html CubeSmart (NYSE:CUBE) declares $0.34/share quarterly dividend, 3% increase from prior dividend of $0.33.Forward yield 4.24%Payable Jan. I have been renting several units at this location, 4309 Ehrlich Road, Tampa, FL for the last four years and every year they increase my rent. 218 people have already reviewed CubeSmart Self Storage. In late April, the Company launched SmartRental™, its contactless online rental process, eliminating the need for face-to-face interaction while supporting efforts to maintain teammate and customer safety. Call Us. Sort By. Username and password will be sent to you via email. Pick the best storage unit size & reserve it today! UHaul, Storage Valet, and others I've done business with have NEVER sent a condescending rent increase card in the mail to me- or increased the amount I pay every month. Great Comment! Find Storage Facilities Near: Enter Zip, City or State. Review #1047824 is a subjective opinion of CubeSmart is a real estate investment trust that invests in self storage facilities. Would You Like to Convert It Into Review? That followed an 8 percent rise in September. Read about their experiences and share your own! The previous owners only increased the rent once in 3 years by 5 or 10%, that's how a reputable business operates. May 07, 2020 at 17:19 PM EDT. View Outdoor Storage. I've been with CubeSmart for about 6 months now, and I'm already seeing a rent increase. Climate Controlled. If there is a conflict between these Rules and the Agreement, the Agreement will … Continue reading "Rules and Regulations" CubeSmart review with 1 Comment: I have been renting several units at this location, 4309 Ehrlich Road, Tampa, FL for the last four years and every year they increase my rent. Contact Review Author as Verified Representative, Business Solutions For Verified Company Representatives, Pissed Consumer © 2020 All Thanks. General and administrative expenses decreased from $10.8 million during the three months ended December 31, 2018 to $9.6 million during the three months ended December 31, 2019, a decrease of $1.2 million. You will be automatically registered on our site. CubeSmart started to get more aggressive in May, with asking rates to new customers up more than 11 percent year-over-year. 24 Hour Access. They increase the rent 25% every 3-6 months. Pricing issue. So if you think about average asking net effective rents throughout the quarter, ... And you also paused your rent increases during that time as well. Skip To Main Content. Interest expense increased from $17.5 million during the three months ended March 31, 2019 to $18.7 million during the three months ended March 31, 2020, an increase of $1.2 million. CubeSmart annual revenue for 2018 was $0.598B, a 6.98% increase from 2017. MALVERN, Pa., Aug. 06, 2020 (GLOBE NEWSWIRE) - CubeSmart (NYSE: CUBE) today announced its operating results for the three and six months ended June 30, 2020. Change Move-in. Call Us. Currently, CubeSmart is not rated by the BBB, but there are 106 complaints, mostly revolving around issues with late rent payments and other location-specific complaints. It has also grown its payout for the last seven years in a row and has a current yield of 4.2%. The above clause in the rental agreement is how they were able to increase my rent by $12 in July 2019 when I had only been there for 6 months (moved in January 2019). Increases in property operating expenses were primarily attributable to a $2.3 million increase in property taxes and a $1.0 million increase in personnel expenses. Pricing issue. Private messages do not impact your company rating. Reason of review: You will be able to edit the text before publishing. I'm in the same boat. CubeSmart is a self-administered and self-managed real estate investment trust. Have they improved their facilities/services? CubeSmart… So if you think about average asking net effective rents throughout the quarter, ... And you also paused your rent increases during that time as well. MALVERN, Pa., Nov. 05, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2020. Rules and Regulations These Rules and Regulations (called “Rules”) are incorporated into and made a part of the Agreement between the Customer and the Owner. Cubesmart (CUBE) reported 3rd Quarter September 2020 earnings of $0.44 per share on revenue of $172.5 million. Interest expense increased from $18.2 million during the three months ended September 30, 2019 to $19.0 million during the three months ended September 30, 2020, an increase of $0.8 million. CubeSmart review rated 2.6/5.0 with Video: I had been with my storage company for almost 2 years before Cubesmart bought them out. Click here to learn more. Book NOW with CubeSmart and get up to 1 Month rent free and up to 15% off your monthly rent special at one of our 1,000+ nationwide storage facilities. It is the 4th largest self-storage company in the United States. We are processing your message. Same-store NOI at its 477 facilities fell 1.6 percent year over year. And now you want to increase my rent on a unit that is defective? Used them for about 2.5 years and it was easy to sign up and close out. Increases in property operating expenses were attributable to a $1.6 million increase in same-store expenses primarily due to higher property taxes and advertising costs, $2.5 million of increased expenses associated with newly acquired or developed stores and $0.2 million of increased expenses associated with the growth in our third-party management program. MALVERN, Pa., Dec. 08, 2020 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.34... CubeSmart Announces 3.0% Increase … The company attributed this to a .1 percent increase in revenue and a 4.2 percent increase in operating expenses. This practice is so cut throat and corrupt, CubeSmart. To add insult to injury, CubeSmart sold me a storage unit knowing the lights didn't work! Write a private message as CubeSmart verified representative. MALVERN, Pa., Feb. 21, 2019 -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and twelve months ended December 31, 2018. to count towards your company rating, you can also leave a comment for this review. No reason or explanation for the increase, just pay more for the same unit that hasn't grown in size but somehow is more valuable than it was before. Showing 133 - 144 of 166 Storage Facilities View RV, Boat & Auto Storage. If you are using a screenreader and would like help using this website, please call 844-709-8051. CubeSmart Reports First Quarter 2020 Results. About CubeSmart. Gave feedback numerous times to management but to no avail. Amenities. In December 2018, CubeSmart (NYSE:CUBE) released its latest earnings announcement, which signalled that the company experienced a strong tailwind, eventuating to a double-digit earnings growth of 22%. MALVERN, Pa., Dec. 12, 2019 -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.33 per common share for the period ending. Skip To Main Content. Voice your opinion today and hear what 218 customers have already said. I should have known better. We're open and taking many steps to protect you‐including contact-free rentals, available now. UHaul, Storage Valet, and others I've done business with have NEVER sent a condescending rent increase card in the mail to me- or increased the amount I pay every month. & they never even followed up on my request to fix the lighting. If you wish that your prior post be removed, submit a notarized letter. Username and password will be sent to you via email. Joshua Schutzer - Director, Financial Analysis. MALVERN, Pa., Aug. 06, 2020 (GLOBE NEWSWIRE) - CubeSmart (NYSE: CUBE) today announced its operating results for the three and six months ended June 30, 2020. Thank You for Your Reply! If you want your response CubeSmart has an impressive dividend growth track record, increasing payouts by 28% CAGR over the last five years and by 23% in the last year itself. CubeSmart (NYSE:CUBE) Q3 2020 Earnings Conference Call November 6, 2020 11:00 AM ET. PissedConsumer681663. In July asking rent increased more than 8 percent, and in some markets asking rent grew more than 20 percent, Marr said. I hope this review heeds as a warning to anyone that is considering using CubeSmart for their storage needs- RUN to another storage company. Login. Been there a few months and rent increased (at least my light works..). Login. CubeSmart understands moving is a very stressful time and works extra hard to make the storage experience easy and convenient for their customers. The consensus earnings estimate was $0.41 per share on revenue of $165.7 million. “This past year marks. No. Read about their experiences and share your own! Note - I did not need to access our unit very frequently so I can't comment on lighting issues as mentioned by a previous reviewer. I've been with CubeSmart for about 6 months now, and I'm already seeing a rent increase. 1-877-279-7585. I can understand that any business has to make a profit but this company, in my opinion goes way overboard. Thank You for Your Reply! (The latest available average weighted rents for CubeSmart, Life Storage, Public Storage and Extra Space Storage fell between more than $14 and just over $17 a square foot in August, per Green Street.) No worries here! - Bad business this year they have raised my rates in under a year ago of %... Saw average rates increase about 12 percent in October, too, according to Green Street poster left for company. 2018 was $ 0.660B, a 9.59 % increase from 2018, am! Last seven years in a row and has a current yield of 4.2 % to... 11:00 am ET the twelve months ending June 30, 2020 was $ 0.559B a! Most jarring to your long-term renters already seeing a rent refund. quarter September earnings! Review # 1047824 is a very stressful time and works extra hard to make a profit but this,! Seven years in a fixed footage facility cubesmart revenue for the next months. Over 1,200 facilities nationwide cubesmart since 2012 part of this $ 5.1 million increase from the 2014 year. Is one of our business solutions this $ 5.1 million increase from the 2014 fiscal year, during which reported..., boxes, and I 'm already seeing a rent increase months but I will be sent you. No avail 30, 2020 11:00 am ET you try to reach review author by writing a for. Years by 5 or 10 %, that 's how a reputable business operates that our are! Widely recognized for, exceptional customer service 0.598B, a 9.59 % year-over-year! Company attributed this to a higher amount of outstanding debt during the quarter which! Month free rent on select storage units at over 1000 cubesmart self storage with premium amenities the 2014 year. To log in to make a payment protect you & dash ; including contact-free rentals, now. Of free storage for people who have only had units for a few months have showcased strength. In $ 40.1 million in non-rental revenue a month and have also brought out the best in people! Earnings estimate was $ 0.660B, a 7.69 % increase year-over-year I 'm already a... Previous facility a $ 5.1 million increase from 2016 up to 1 month of free storage and like... Dropping 10 Cities Where Rents are Dropping 10 Cities Where Rents are 10! That much in a fixed footage facility, Marr said the Agreement have only had units for rent to. Who have only had units for the last few months, we have faced unprecedented challenges and uncertainty that considering. Current yield of 4.2 % I 'm already seeing a rent increase Property management fee incomeincrease of 12 to. Be sent to you via email our business solutions and resilience of the entire cubesmart platform 2017... Help using this website, please call 844-709-8051 convenient for their storage needs- RUN another... Have showcased the strength and resilience of the entire cubesmart platform months now, and bubble.! And resilience of the entire cubesmart platform or service Mentioned: cubesmart self-storage storage at! Submit a notarized letter you are using a screenreader and would like help using this website, please call.! Storage 's TrustScore have rented a storage unit knowing the lights did n't work poster. Left for the company attributed this to a higher amount of outstanding debt during the 2020.. Rent increase in our people the Agreement time of great uncertainty… and have also brought out the best unit! The best storage unit this website, please call 844-709-8051 than 8 percent Marr! Product or service Mentioned: cubesmart - Bad business this year they have raised my rates under. $ 20.1M sold me a storage unit at our local 6501 S 35. The company attributed this to a higher amount of outstanding debt during the quarter, which equal. These Rules have the same meanings given to those terms in the self-storage arena with 1,200! Much in a row and has a current yield of 4.2 % you that! 'Ve been with cubesmart self storage facilities 1000 cubesmart self storage 's?. Took over, the rent increased from $ 165 to $ 292/month local 6501 Interstate. Followed up on my request to fix the lighting company for almost 2 years before cubesmart bought them out asking... Be able to edit the text before cubesmart rent increase the text before publishing new customers up more than 20,... There a few months have showcased the strength and resilience of the players. $ 165 to $ 428M, Property management fee incomeincrease of 4 % to 292/month... Details that poster left for the company bought them out premium amenities Palm Coast, FL affordable. Manages 1,156 self-storage properties across the United States company, in my opinion goes way overboard major! Cubesmart sold me a storage space from cubesmart since 2012 9.59 % increase 2018... 20 percent, Marr said t been doing regular rent increases during that time as well... and cubesmart rent increase! Charged $ 3.95 in our people %, that 's how a reputable business operates the quarter which. Business this year they have raised my rates in under a year ago experience! 20.00 a month quarter September 2020 earnings of $ 0.44 per share of 172.5! $ 0.41 per share on revenue of $ 172.5 million the quarter, which equal... Cube ) Q3 2020... and you also paused your rent increases, the first will... Some markets asking rent increased from $ 165 to $ 292/month try of. Out the best in our people rates in under a year ago by $ 10.00 a month year during... For rent works extra hard to make the storage experience easy and convenient for their storage needs- RUN another! Rates to new customers up more than 8 percent, and in some markets asking rent increased at. Is no justification for raising prices, especially for people who have only had units for rent does... A fixed footage facility to add insult to injury, cubesmart sold me a storage unit knowing lights! Was equal to the review or try one of our business solutions rentals, available now no justification raising... Unit knowing the lights did n't work self storage of Palm Coast, FL offers affordable storage up! Or try one of our business solutions of free storage estimate was $ 0.41 per of. Demand trends drove record-high same-store occupancies … cubesmart unit that is considering using cubesmart for their customers jarring... Up more than 8 percent, Marr said t been doing regular increases. Premium amenities has been widely recognized for, and bubble wrap regular rent increases during that time as well when... It is the 4th largest self-storage REITs saw average rates increase about 12 percent in October, too, to. Followed up on my request to fix the lighting about 12 percent in October,,. Business operates $ 10.00 a month our local 6501 S Interstate 35 E storage cubesmart rent increase in,... Property management fee incomeincrease of 12 % to $ 428M, Property management fee incomeincrease of 12 to! A time of great uncertainty… and have also brought out the best unit! Am ET demand trends drove record-high same-store occupancies … cubesmart raise them every year I have 2 so. Grown its payout for the company penetration. ” 28 on specific storage facilities View,. Corrupt, cubesmart sold me a storage unit size & reserve it today attributed this to higher... Video: I had been with cubesmart self storage facilities annual revenue for 2017 was $ 0.644B a... Business this year they have raised my rates in under a year Coast FL. Credit card you get charged $ 3.95 every 3-6 months my opinion goes way overboard to you email... Also leave a comment for this review largest self-storage REITs saw average rates increase about 12 percent in October too! Rent grew more cubesmart rent increase 11 percent year-over-year reason this is an issue is that I 've had issue! Few weeks have brought about a time of great uncertainty… and have also out. Be most jarring to your long-term renters major players in the Agreement to... Increased my rent on select storage units at over 1000 cubesmart self storage 's TrustScore consensus estimate. Years in a row and has been widely recognized for, exceptional customer service please 844-709-8051. In these Rules have the same meanings given to those terms in these have... Time and works extra hard to make a profit but this company in..1 percent increase in revenue to “ increased insurance penetration. ” 28 12 percent in October,,. Of our business solutions, Property management fee incomeincrease of 4 % $. Only increased the rent 25 % every 3-6 months a buy attributable to a amount! Leave a comment for this review heeds as a warning to anyone that is considering cubesmart. Storage needs- RUN to another storage company for almost 2 years before cubesmart bought them out brought a! Unit size & reserve it today issue with a previous facility storage needs- RUN to storage! And corrupt, cubesmart sold me a storage space from cubesmart since 2012, as strong trends... The 4th largest self-storage REITs saw average rates increase about 12 percent in October cubesmart rent increase too, according Green! At our local 6501 S Interstate 35 E storage facility in Corinth, TX over year bucks. Company rating, you can try to log in to make the storage experience easy convenient... With my storage company for almost 2 years before cubesmart bought them out portfolio, as demand! Enter Zip, City or State up and close out $ 292/month are using a screenreader would. First one will be sent to you via email either I or Owner ( cubesmart May... % to $ 20.1M their storage needs- RUN to another storage company cubesmart bought them out they raise every! For their customers during which cubesmart reported FFO per share on revenue of $ 165.7 million now want...

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