Deal Snapshot
CubeSmart to Acquire New York City Self-Storage Portfolio for USD 540m
Friday 30 October 2020

US-based CubeSmart (NYSE: CUBE) has entered into an agreement to acquire a portfolio of eight self-storage properties in New York City from Storage Deluxe for USD 540m, the company said.

The portfolio, currently professionally managed by and branded CubeSmart, consists of 780,425 rentable square feet located in Brooklyn, Queens, and the Bronx, NY.

Date Published: 30/10/2020