CubeSmart Ranked as One of Philadelphia’s Fastest-Growing Companies in 2021

Rhea-AI Summary

CubeSmart (NYSE: CUBE) has been named to the Philadelphia Business Journal’s “Soaring 76 List,” highlighting it as one of the fastest-growing companies in the greater Philadelphia area. This recognition underscores the company's strong financial performance over a three-year period. CEO Christopher P. Marr expressed pride in contributing to the local economy, emphasizing CubeSmart's robust operational platform and skilled team. As one of the top three self-storage property owners in the U.S., CubeSmart operates 1,252 facilities nationwide, offering innovative storage solutions to meet diverse customer needs.

Positive

• Recognized as one of the fastest-growing companies in Philadelphia by the Soaring 76 List.
• Strong financial performance sustained over a three-year period.
• CubeSmart operates 1,252 self-storage properties, reinforcing its market position.

Negative

• None.

MALVERN, Pa., Sept. 28, 2021 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE), the third-largest owner and operator of self-storage properties in the United States, was named to Philadelphia Business Journal’s “Soaring 76 List” of the fastest-growing companies in the greater Philadelphia region.

The Soaring 76 List recognizes companies who have sustained strong financial performance over a three-year period.

“We are proud to be contributing to our hometown economy and to be recognized by the Philadelphia Business Journal,” said Christopher P. Marr, President and Chief Executive Officer of CubeSmart. “We have a strong operational platform and a talented team with a proven track record of execution which generates meaningful growth for all of our stakeholders.”

CubeSmart continues to build their team which is headquartered in Malvern, Pa. Visit careers.cubesmart.com to learn more about working at CubeSmart.

About CubeSmart

CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,252 self-storage properties across the United States. According to the 2021 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S.

The Company’s mission is to simplify the organizational and logistical challenges created by the many life events and business needs of its customers – through innovative solutions, unparalleled service, and genuine care. The Company's self-storage properties are designed to offer affordable, easily accessible, and, in most locations, climate-controlled storage space for residential and commercial customers.

For more information about business and personal storage or to learn more about the Company and find a nearby storage property, visit www.cubesmart.com or call CubeSmart toll free at 800-800-1717.

Company Contact:
Josh Schutzer
Vice President, Finance
(610) 535-5700

FAQ

What is CubeSmart's recent recognition in 2021?

CubeSmart was named to the Philadelphia Business Journal’s ‘Soaring 76 List’ for being one of the fastest-growing companies in the greater Philadelphia region.

How many self-storage properties does CubeSmart operate?

CubeSmart operates 1,252 self-storage properties across the United States.

Who is the CEO of CubeSmart?

Christopher P. Marr is the President and CEO of CubeSmart.

What does being on the Soaring 76 List signify for CubeSmart?

The Soaring 76 List indicates strong financial performance sustained over a three-year period.