-- A 434-unit self-storage facility in Walton, Ky., sits on approximately
7.5 acres and contains approximately 72,000 rentable square feet of self-
storage space.
-- A 344-unit self-storage facility in Crescent Springs, Ky., sits on 2.6
acres and contains approximately 57,200 rentable square feet of self-
storage space.
-- A 517-unit self-storage facility in Florence, Ky., sits on
approximately 7.0 acres and contains approximately 81,800 rentable square
feet of self-storage space.
SSTI's strategy is to identify key self-storage properties nationwide for
acquisition. Since October, SSTI has acquired facilities in Biloxi, Miss.,
Gulf Breeze, Fla., and Manassas, Va.
Information in this press release was primarily obtained from
the appraisals of the properties. Although we believe this independent
source is reliable as of its date of issuance, the information
contained therein has not been independently verified and we cannot ensure
the accuracy or completeness of this information. As a result, you should
be aware that the market and demographic data contained in this press
release, and beliefs and estimates based on such data, may not be reliable.
This press release may contain certain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking statements can generally be identified by our use of
forward-looking terminology such as "may," "will," "expect," "intend,"
"anticipate," "estimate," "believe," "continue," or other similar words.
Because such statements include risks, uncertainties and contingencies,
actual results may differ materially from the expectations, intentions,
beliefs, plans or predictions of the future expressed or implied by such
forward-looking statements. These risks, uncertainties and contingencies
include, but are not limited to: uncertainties relating to changes in
general economic and real estate conditions; uncertainties relating to the
implementation of our real estate investment strategy; uncertainties
relating to financing availability and capital proceeds; uncertainties
relating to the closing of property acquisitions; uncertainties relating to
the public offering of our common stock; uncertainties related to the
timing and availability of distributions; and other risk factors as
outlined in the Company's prospectus, as amended from time to time. This is
neither an offer nor a solicitation to purchase securities.
Contact Information: Media Contact: Genevieve Anton Anton Communications Inc. 714-544-6503 p 714-290-7040 c www.antonpr.com