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SAM Announces Their 2020 Mid-Year Results

Storage Asset Management is proud to announce their results from the first six months of 2020. Despite the economic environment and current conditions, SAM’s managed stores were able to produce great results from January – June 2020.  SAM has increased same store revenue over the prior year by 3% and net operating income by 4.8% for same-stores*. Although SAM is a private company, the organization compares their results to the results released by the publicly traded self storage operators, and SAM was able to outperform all in the first six months of 2020.

SAM's 2020 MidYear Results

To add to these remarkable results, SAM has also been named the 5th largest facility management company in the industry by Inside Self Storage, and still the largest privately owned facility management company. SAM currently manages 250 locations in 31 states and has over 500 employees.

SAM attributes their outstanding performance year to date to a very strong team with the ability to focus on doing what is best for each individual facility.

*SAM’s same-store pool for the period consists of 110 stores that were stabilized by January 1, 2019.  SAM considers a store to be stabilized once it has been open for three years or has sustained average square foot occupancy of 80% or more for one calendar year. If a property changes in size, it is removed from the same store pool until the beginning of the calendar year at least 12 months from the date of change.

From The Blog

2018 Mid-Year Update

August 24, 2018

As we head into the fall season, SAM is proud to reflect on its amazing first half of 2018. SAM first would like to announce our results comparing January- June in 2017 to January-June in 2018. In 2018, SAM has increased … Continued

2016 MidYear Update

August 16, 2016

Storage Asset Management, Inc. (SAM) is pleased to announce a midyear update of their activities for the first half of 2016. During the first half of 2016, SAM increased same store revenue by 6.8%. Occupancy at SAM same store locations … Continued

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