Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - SmartStop Self Storage, Inc. | d8k.htm |
 hosted by:
H. Michael Schwartz
Chairman and CEO
Exhibit 99.1 |
 Agenda
Portfolio Update
Acquisition Update
Branding Update
Technology Update |
 Portfolio Update
Properties:
45
Number of Tenants:
23,576
Net Rentable:
3,949,500 square feet
Total Units:
31,640
Portfolio Update
(as of 12/31/2010) |
 Wholly Owned Properties by Quarter
Portfolio Update |
 Net
Rentable Square Feet by Quarter Portfolio Update
|
 Property
Acquisition
Price
Approx. Units
Approx. Rentable Sq. Ft. (net)
1
Chicago –
95th St. –
IL
$6,300,000
690
72,000
2
Chicago –
Western Ave. –
IL
$1,400,000
590
59,000
3
Chicago –
Ogden Ave. –
IL
$4,000,000
750
194,400
4
Chicago –
Roosevelt Rd. –
IL
$1,800,000
445
45,000
5
Toronto –
Ontario –
Canada
$14,150,000
1,060
110,000
6
La Cienega
–
Los Angeles –
CA
$13,100,000
770
87,000
7
Long Beach –
CA
$12,900,000
830
87,000
8
Las Vegas III –
NV
$4,275,000
700
94,000
9
Las Vegas –
Downtown –
NV
$6,875,000
540
81,600
10
Las Vegas –
Rancho –
NV
$4,000,000
740
94,000
Total
$68,800,000
7,115
924,000
Fourth Quarter Acquisitions
Acquisition Update
(1) Includes 85,000 rentable square feet of industrial
warehouse/office space. (1) |
 Potential Acquisitions
(1)
Amount
of
units
and
square
footage
when
construction
is
completed.
(2)
Approximate
price
based
on
Canadian/US
conversion
rate
(excludes
estimated
construction
costs).
Property
Acquisition Price
Approx. Units
Approx. Rentable
Sq. Ft. (net)
1
El Paso –
TX
$1,250,000
290
40,800
2
SF Bay Area –
Morgan Hill –
CA
$6,290,000
480
61,000
3
SF Bay Area –
Vallejo –
CA
$7,800,000
860
75,000
4
SF Bay Area –
San Lorenzo –
CA
$2,850,000
640
62,000
5
SF Bay Area –
Gilroy –
CA
$6,560,000
610
63,500
6
Las Vegas –
Pecos –
NV
$4,600,000
790
69,000
7
Mavis –
Ontario –
Canada
$5,500,000
1,070
104,500
8
London I –
Ontario –
Canada
$8,100,000
660
68,000
9
London II –
Ontario –
Canada
$7,580,000
610
57,000
Total
$50,530,000
6,010
600,800
(1)
(1)
Acquisition Update
(1)
(1)
(2)
(2)
(2) |
 Acquisition Update
Square Footage by State (as of 12/31/2010)
|
 Acquisition Update
Square Footage by State (as of 12/31/2010)
|
 Chicago, Illinois (95
th
St.)
Year Converted: 2002
Total Units: 690
Net Rentable: 72,000 sq. ft.
Acres: 4.6
Fourth Quarter Acquisitions
Acquisition Update |
 Chicago, Illinois (Western Ave.)
Year Converted: 2004
Total Units: 590
Net Rentable: 59,000 sq. ft.
Acres: 2.7
Fourth Quarter Acquisitions
Acquisition Update |
 Cicero, Illinois (Ogden Ave.)
Year Converted: 2002
Total Units: 750
Net Rentable: 194,400 sq. ft. (1)
Acres: 10.4
Fourth Quarter Acquisitions
Acquisition Update
(1)
Includes
85,000
rentable
square
feet
of
industrial
warehouse/office
space. |
 Cicero, Illinois (Roosevelt Rd.)
Year Converted: 2004
Total Units: 445
Net Rentable: 45,000 sq. ft.
Acres: 6.4
Fourth Quarter Acquisitions
Acquisition Update |
 Toronto, Canada (Dufferin
St.)
Year Converted: 2008
Total Units: 1,060
Net Rentable: 110,000 sq. ft.
Acres: 4.7
Fourth Quarter Acquisitions
Acquisition Update |
 Los
Angeles, CA (La Cienega) Year Built: 2004
Total Units: 770
Net Rentable: 87,000 sq. ft.
Acres: 1.7
Fourth Quarter Acquisitions
Acquisition Update |
 Long Beach, California
Year Built: 1999
Total Units: 830
Net Rentable: 87,000 sq. ft.
Acres: 3.7
Fourth Quarter Acquisitions
Acquisition Update |
 Las
Vegas, Nevada (Ann Rd.) Year Built: 2005
Total Units: 700
Net Rentable: 94,000 sq. ft.
Acres: 3.2
Fourth Quarter Acquisitions
Acquisition Update |
 Las
Vegas, Nevada (Downtown) Year Built: 1996
Total Units: 540
Net Rentable: 81,600 sq. ft.
Acres: 1.7
Fourth Quarter Acquisitions
Acquisition Update |
 Las
Vegas, Nevada (Rancho) Year Built: 2006
Total Units: 740
Net Rentable: 94,000 sq. ft.
Acres: 3.2
Fourth Quarter Acquisitions
Acquisition Update |
 Branding Update |
 Branding Update
Branding Update
18
Properties
are
now
SmartStop
SM
branded
3 more
properties are scheduled to be
completed by 2/14/11
9 additional
properties have permits, of these
5 already have temporary signage
2 properties
in production are on hold, due to
inclement weather |
 Technology Update
Technology Update
New
“print”
yellow page and “internet”
yellow
page campaign
Investing more than $500K annually
Better
online
exposure,
influencing
credibility and spiking organic searches
Enhancing relevance with Google and
search engine optimization (SEO) |
 Technology Update
OpenTech
Alliance
selected
to
handle
growing call center operations and extend
business hours
Superior
knowledge
of
the
self
storage
business, the most advanced technology
and the highest quality of agents
Technology Update |
 hosted by:
H. Michael Schwartz
Chairman and CEO |