CubeSmart is a self-storage real estate investment trust (REIT) headquartered in Malvern, Pennsylvania. The company owns and operates over 1,250 self-storage facilities in the United States. The company was founded in 2004 and went public in 2007, with shares traded on the New York Stock Exchange under the ticker symbol CUBE.
The company offers storage units of various sizes for both personal and business use, including climate-controlled units, drive-up units, and vehicle storage. CubeSmart also offers additional services such as moving truck rentals, packing supplies, and insurance options for customers.
CubeSmart's strategy is to acquire, develop, and manage self-storage facilities in markets with high population density and strong economic growth potential. The company aims to differentiate itself from its competitors by offering a premium customer experience through technology-driven solutions and exceptional customer service.
CubeSmart has focused on expanding its portfolio through acquisitions, with a particular emphasis on markets in the eastern United States. The company has also invested in technology and digital solutions to improve the customer experience, including online rental and payment options, digital lock technology, and an app that allows customers to manage their accounts and access their storage units.