Links: |
![]() |
Bee Home Page |
![]() |
WNY Events |
![]() |
Classifieds |
|
|||||
|
Williamsville based Sovran Self Storage expands Sovran Self Storage, Inc., a self-storage real estate investment trust headquartered in Williamsville has acquired 12 self-storage facilities for a total cost of $44 million. Nine of the acquisitions are located in Western New York, two are located in Texas and one in Mississippi. The New York properties were purchased from Benderson Development. The acquisitions bring Sovran's total number of WNY stores to 15. The company now employs more than 1,000 people, with more than 150 people in the Buffalo area. All 12 of the stores will be re-branded to the company's name of Uncle Bob's Self Storage. Robert J. Attea, CEO, said, "For some time now, we've looked to establish a stronger retail presence in our home town. This acquisition will, at once, establish that larger operational base." Sovran Self Storage is planning a series of grand opening events beginning later this spring. |
|
||||