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CubeSmart Opens New State-of-the-Art Storage Facility in the Bronx

BRONX, NY -- (Marketwired) -- 03/21/14 -- CubeSmart, one of the nation's largest self-storage operators, announces the opening of a new state-of-the-art storage facility at 1235 East Tremont Avenue in the Bronx. The East Tremont Avenue store is the company's eleventh Bronx storage location and brings its New York City store count to 23. With locations that serve the Bronx, Queens, Brooklyn, Staten Island, and Manhattan, CubeSmart is the largest self-storage operator in New York City.

CubeSmart President and Chief Executive Officer Christopher Marr noted, "Our new East Tremont location nicely complements our existing Bronx footprint and further solidifies our position as the storage provider of choice for New York City residents. We are excited to make our unique storage and logistics solutions even more convenient for the East Tremont and surrounding neighborhoods and look forward to serving these new CubeSmart Customers."

The East Tremont storage facility offers Customers comprehensive storage and logistics solutions designed to simplify a variety of moving, organization, or business needs. Customers can choose among a variety of indoor, climate-controlled storage spaces as well as convenient outside, drive-up units. The store's unique Customer service features include the free use of a move-in truck for new Customers, access to labor assistance, and customized storage options that include individual lighting, electricity, automatic door openers, and even video monitoring. For local business Customers, the new CubeSmart location offers a variety of office amenities specifically tailored for their unique needs, including free Wi-Fi, a comfortable workspace, document shredding, package receipt, and item retrieval and shipping.

In conjunction with the opening of the East Tremont Avenue location, new Customers can take advantage of promotional discounts on their storage space for a limited time.

About the Company

CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 538 self-storage facilities across the United States. According to the 2014 Self Storage Almanac, CubeSmart is one of the top four owners and operators of self-storage facilities in the U.S.

The Company plans to exceed Customer expectations by adding more personalized services and technology to some of the best storage spaces around. The Company's self-storage facilities are designed to offer affordable, easily accessible, secure, and in most locations, climate-controlled storage space for residential and commercial Customers. CubeSmart® services include storage customization, logistics services, comprehensive moving services, organizational services, and office amenities.

For more information about business and personal storage or to learn more about the company and find a nearby storage facility, visit www.CubeSmart.com or call CubeSmart toll free at 800-800-1717.

Company Contact:
Charles Place
Director, Investor Relations

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