NYSE, SSS - Sovran Self Storage
Sovran Self Storage, Inc. together with its direct and indirect
subsidiaries and the consolidated joint venture, to the extent appropriate in
the applicable context, (the "Company," "We," "Our," or "Sovran") is a
self-administered and self-managed real estate investment trust ("REIT") that
acquires, owns and manages self-storage properties. We refer to the self-storage
properties owned and/or managed by us as "Properties." We began operations on
June 26, 1995. At March 1, 2006, we owned and/or managed 290 Properties
consisting of approximately 17.6 million net rentable square feet, situated in
21 states. Eleven of the Properties are managed under an agreement with an
unconsolidated joint venture that is 45% owned by us. We are the sixth largest
operator of self-storage properties in the United States based on facilities
owned and/or managed. Our Properties conduct business under the user-friendly
trade name "Uncle Bob's Self-Storage. ...
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