Business Editors RedChip Partners Investor Conference BUFFALO, N.Y.--BUSINESS WIRE--Aug. 30, 2002 Sovran Self Storage, Inc. (NYSE: SSS), a self-administered and self-managed equity REIT involving acquiring, managing and developing self storage facilities, will present at the RedChip PartnersTMInvestor Conference in New York on Thursday, Sept. 19, 2002. The...
Question-and-Answer Session Operator Operator Instructions Your first question comes from Christine McElroy with Banc of America Securities. Christine McElroy - Banc of America Securities Dave, regarding your new joint venture, can you provide a little bit more color and maybe quantify all the various property and...
Question-and-Answer Session Operator Operator instructions Your first question comes from Michael Bilerman. Your line is open. Craig Melcher – Citigroup Hi, it's Craig Melcher here with Michael. Kenneth Myszka Hi, Craig. Craig Melcher – Citigroup Dave, what's the assumption on the interest rate...
Question-and-Answer SessionOperator At this time if you would like to ask a question please press star one on your telephone keypad. Again, that’s star then the number one. Your first question comes from the line of Christeen Kim with Deutsche Bank. Christeen Kim – Deutsche Bank...
Question-and-Answer Session Operator Your first question comes from [Inaudible]. Unidentified Participant Hi good morning guys. I just wanted to ask you, where are you’re street rents right now compared to your average in place rent on the portfolio? Kenneth Myszka In most market our street rates are on...
BUFFALO, N.Y. -- Sovran Self Storage, Inc. (NYSE:SSS), a self-storage real estate investment trust REIT, reported operating results for the quarter ended September 30, 2008. Net income available to common shareholders for the third quarter of 2008 was $9.5 million or $.44 per diluted share. Net income available...
BUFFALO, N.Y. -- The Board of Directors of Sovran Self Storage, Inc. (NYSE:SSS), a self-storage real estate investment trust REIT, announced today an increase in its quarterly common stock dividend from $.63 per share to $.64 per share ($2.52 to $2.56 annualized). The increase is effective with the third quarter...
BUFFALO, N.Y. -- Sovran Self Storage, Inc. (NYSE:SSS), a self-storage real estate investment trust REIT, reported operating results for the quarter ended June 30, 2008. Net income available to common shareholders for the second quarter of 2008 was $10.5 million or $.48 per diluted share. Net income available...
HOUSTON -- The Houston-based self storage group of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it closed the sale of a 21-property self storage portfolio with facilities in Florida, Texas, Colorado, Kentucky and Ohio. HFF represented the seller, Hendry Investments, a San Antonio, Texas company with storage...
Largest self storage portfolio sale since the credit crises BUFFALO, N.Y. -- The Locke Acquisition Group LLC announced today that it represented Sovran Self Storage, Inc. in its acquisition of Hendry Investments Inc.'s 21 self storage facilities operated under the trade name Lock-N-Key. Sovran Self Storage is a...
BUFFALO, N.Y. -- Sovran Self Storage, Inc. (NYSE:SSS), a self-storage real estate investment trust REIT, today announced the acquisition of twenty-one self-storage facilities by Sovran HHF Storage Holdings LLC the Venture, a recently announced joint venture. The Venture, formed with an affiliate of Heitman LLC, expects to acquire up to...
NEW YORK -- Fitch Ratings has affirmed and removed from Rating Watch Negative the Issuer Default Rating IDR and outstanding debt ratings of Sovran Self Storage Inc. and Sovran Acquisition Limited Partnership (together, Sovran) as follows. --IDR 'BBB-'; --Senior unsecured revolving credit facility 'BBB-'; ...
BUFFALO, N.Y. -- Sovran Self Storage, Inc. (NYSE:SSS) today announced details of financing arrangements totaling $375 million of senior, unsecured debt. Proceeds from a four year, $250 million term loan will be used to repay outstanding balances on the Company's $100 million revolving credit facility and $39 million...
BUFFALO, N.Y. -- Sovran Self Storage, Inc. (NYSE:SSS), a self-storage real estate investment trust REIT, announced today that it has formed a joint venture, Sovran HHF Storage Holdings LLC the Venture, with an affiliate of Heitman LLC. The Venture expects to acquire up to $350 million of high...
BUFFALO, N.Y. -- Sovran Self Storage, Inc. (NYSE:SSS), a self-storage real estate investment trust REIT, reported operating results for the quarter ended March 31, 2008. Net income available to common shareholders for the first quarter of 2008 was $9.0 million or $.41 per diluted share. Net income available...
NEW YORK -- Fitch Ratings has placed the Issuer Default Rating IDR and outstanding debt ratings of Sovran Self Storage Inc. and Sovran Acquisition Limited Partnership (together, Sovran) on Rating Watch Negative as follows. --IDR 'BBB-'; --Senior unsecured revolving credit facility 'BBB-'; --Senior unsecured...
M2 PRESSWIRE-14 March 2008-FINANCIALS: Progressive Following on Sovran Self Storage IncC1994-2008 M2 COMMUNICATIONS LTD RDATE:14032008 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have...
BUFFALO, N.Y. -- The Board of Directors of Sovran Self Storage, Inc. (NYSE:SSS), a self-storage real estate investment trust REIT, announced today the Company's quarterly dividend of $.63 per share of common stock. The annualized dividend of Sovran Self Storage, Inc. is $2.52 per share which, based on today's share...
BUFFALO, N.Y. -- Sovran Self Storage, Inc. (NYSE:SSS), a self-storage real estate investment trust REIT, reported operating results for the quarter and year ended December 31, 2007. Net income available to common shareholders for the fourth quarter of 2007 was $10.7 million or $.50 per diluted share. Net...
BUFFALO, N.Y. -- Sovran Self Storage, Inc. (NYSE:SSS), a self-storage real estate investment trust REIT, reported operating results for the quarter ended September 30, 2007. Net income available to common shareholders for the third quarter of 2007 was $10.9 million or $.51 per diluted share. Net income available...
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