Coral Springs, Florida (PRWEB) August 01, 2016
Sentry Self Storage Management has announced operating results for the second quarter ended June 30, 2016.
- Revenue growth of 7.9% and a 1.1% decrease in property expenses drove Net Operating Income (“NOI”) to increase by 11.8% year over year.
- Occupancy at the end of the quarter was 91.8%, which is an increase of 70 basis points compared to the same quarter of 2015.
- Third Party Management and Company Owned facilities portfolio includes 25 facilities containing over 2.1 million net rentable square feet.
- Development and conversion activities include deals in Deerfield Beach, FL and North Haven, CT.
Sentry Self Storage was founded in 1997 to provide the self-storage industry with state-of-the-art, consumer friendly, secure and convenient locations throughout the United States. We offer a full spectrum of services and a wealth of experience and knowledge to deliver maximum property results.