SELF - Mergers and acquisitions

MILLBROOK, NY / ACCESSWIRE / December 2, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the fourth quarter of 2024.The dividend is payable on December 30, 2024, to stockholders of record as of December 16, 2024.Company ObjectiveThe objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing

Peer-Leading Same-Store Revenue, Occupancy and NOI Growth Driven by Operational ExcellenceMILLBROOK, NY / ACCESSWIRE / November 8, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties,reported results for the third quarter ended September 30, 2024. All comparisons are to the same year-ago period unless otherwise noted.Q3 2024 HighlightsTotal revenues increased 3.6% to a record $3.2 million.Net income increased 336% to a record $1.2 million or $0.10 per diluted share from $271,000 or $0.02 per diluted share.Same-store revenues increased 3.6% to a record $3.2 million.Same-store net operatin

MILLBROOK, NY / ACCESSWIRE / September 3, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the third quarter of 2024.The dividend is payable on September 30, 2024, to stockholders of record as of September 17, 2024.Company ObjectiveThe objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existin

Peer leading Same-Store Revenue and Occupancy Growth Despite Competitive Move-in Rate EnvironmentMILLBROOK, NY / ACCESSWIRE / August 9, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the second quarter ended June 30, 2024. All comparisons are to the same year-ago period unless otherwise noted.Q2 2024 HighlightsTotal revenues increased 0.7% to $3.1 million.Net income increased 2.3% to $592,000 or $0.05 per diluted share from $578,000 or $0.05 per diluted share.Same-store revenues increased 0.9% to $3.1 million.Same-store net operating income (NOI),a non-GAAP ter

MILLBROOK, NY / ACCESSWIRE / July 11, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has extended its $15 million revolving credit facility with The Huntington National Bank for another three years with a one-year extension option available thereafter.The revolving credit line bears interest on withdrawn funds at a rate equal to one-month SOFR plus 3.00%. It is secured by the company's properties in Millbrook, NY; West Henrietta, NY; Lima, OH; Fishers, IN; and Clinton, CT."Our robust balance sheet enables us to pursue growth through self-storage property acquisitions, joint venture

MILLBROOK, NY / ACCESSWIRE / June 3, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the second quarter of 2024.The dividend is payable on June 28, 2024, to stockholders of record as of June 17, 2024.Company ObjectiveThe objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties.

Board unanimously determined that the proposal significantly undervalues Global Self Storage and its prospects for growth and value creation, and is not in the best interests of the Company and its stockholdersBoard unanimously determined that the continued execution of the Company's strategic business plan is in the best interests of the Company and its stockholdersBoard unanimously affirmed it is not contemplating a sale of Global Self StorageMILLBROOK, NY / ACCESSWIRE / May 21, 2024 / Global Self Storage, Inc. (NASDAQ:SELF) (the "Company" or "Global Self Storage"), a real estate investment trust that owns, operates, manages, acquires and redevelops self-storage properties, today announced

Same-Store Occupancy Up 3.4 Percentage Points to 91.3% and Strong Tenant Duration Despite Competitive Move-in Rate Environment MILLBROOK, NY / ACCESSWIRE / May 10, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the first quarter ended March 31, 2024. All comparisons are to the same year-ago period unless otherwise noted. Q1 2024 HighlightsTotal revenues were unchanged at $3.0 million.Net income decreased to $266,000 or $0.02 per diluted share from $993,000 or $0.09 per diluted share.Funds from operations (FFO) decreased 18.3% to $0.8 million or $0.08 p

No Stockholder Action Required at this Time MILLBROOK, NY / ACCESSWIRE / May 7, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), (the "Company"), a real estate investment trust that owns, operates, manages, acquires and redevelops self-storage properties, today commented on the unsolicited, non-binding, and conditional acquisition proposal that it received today from Etude Storage Partners LLC to acquire all of the outstanding shares of the Company for $6.15 per share in cash.The proposal announced by Etude today is the third unsolicited, non-binding, and conditional acquisition proposal that Etude has submitted to Global Self Storage within the past ninety days. The Global Self Storage Board

Strong Occupancy Rates and Tenant Duration Drove Same-Store Revenue Growth Despite Competitive Move-in Rate EnvironmentMILLBROOK, NY / ACCESSWIRE / March 26, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the fourth quarter and full year ended December 31, 2023. All comparisons are to the same year-ago period unless otherwise noted.Q4 2023 HighlightsTotal revenues decreased 2.7% to $3.0 million.Net income increased to $1.1 million or $0.10 per diluted share from $440,000 or $0.04 per basic and diluted share.Funds from operations (FFO) decreased 13.0% to $0.9 mi

MILLBROOK, NY / ACCESSWIRE / March 1, 2024 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the first quarter of 2024.The dividend is payable on March 28, 2024, to stockholders of record as of March 15, 2024.Company ObjectiveThe objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties

MILLBROOK, NY / ACCESSWIRE / December 1, 2023 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the fourth quarter of 2023.The dividend is payable on December 28, 2023, to stockholders of record as of December 15, 2023.About Global Self StorageGlobal Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial

Continued Same-Store Revenue Growth and Consistent Occupancy Rates Despite Competitive Customer Move-in Environment across the Self-Storage IndustryMILLBROOK, NY / ACCESSWIRE / November 13, 2023 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires and redevelops self-storage properties, reported results for the third quarter ended September 30, 2023. All comparisons are to the same year-ago period unless otherwise noted.Q3 2023 HighlightsTotal revenues increased 0.1% to $3.1 million.Net income totaled $271,000 or $0.02 per diluted share.Funds from operations (FFO) decreased 21.7% to $1.1 million or $0.10 per diluted share (see defin

MILLBROOK, NY / ACCESSWIRE / September 1, 2023 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the third quarter of 2023.The dividend is payable on September 29, 2023, to stockholders of record as of September 18, 2023.About Global Self StorageGlobal Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercia

MILLBROOK, NY / ACCESSWIRE / August 11, 2023 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires and redevelops self-storage properties, has elected Sally C. Carroll to its board of directors. The election increases the board to six members with four serving as independent directors.Carroll has more than 35 years of legal experience, including matters relating to private and public financings, secondary offerings, and IPOs, advising a variety of companies, including REITs and asset and investment management firms."Sally complements our board with a broad range of valuable business and legal experience in the real estate industry,"

Continued Same-Store Revenue Growth Driven by Focus on Operational Fundamentals, Strong Occupancy, and Industry Resilience despite a More Competitive Pricing LandscapeMILLBROOK, NY / ACCESSWIRE / August 11, 2023 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires and redevelops self-storage properties, reported results for the second quarter ended June 30, 2023. All comparisons are to the same year-ago period unless otherwise noted.Q2 2023 HighlightsTotal revenues increased 3.6% to $3.1 million.Net income totaled $578,000 or $0.05 per diluted share.Funds from operations (FFO) decreased 0.4% to $1.1 million or $0.10 per diluted shar

MILLBROOK, NY / ACCESSWIRE / June 1, 2023 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the second quarter of 2023.The dividend is payable on June 30, 2023, to stockholders of record as of June 15, 2023.About Global Self StorageGlobal Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. T

Strong Net Operating Income, FFO and AFFO Growth Driven by Continued Operational Excellence and Industry ResilienceMILLBROOK, NY / ACCESSWIRE / May 9, 2023 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires and redevelops self-storage properties, reported results for the first quarter ended March 31, 2023. All comparisons are to the same year-ago period unless otherwise noted.Q1 2023 HighlightsTotal revenues increased to a record first quarter of 7.7% to $3.0 million.Operating income increased 22.2% to $0.8 million.Net income totaled $993,000 or $0.09 per diluted share.Funds from operations (FFO) increased 13.5% to $1.0 million or

Record-High Annual Revenues, Net Operating Income, FFO and AFFO Driven by Operational Excellence and Industry StrengthMILLBROOK, NY / ACCESSWIRE / March 28, 2023 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the fourth quarter and full year ended December 31, 2022. All comparisons are to the same year-ago period unless otherwise noted.Q4 2022 HighlightsTotal revenues increased 10.8% to $3.1 million.Operating income increased 5.7% to $0.8 million.Net income totaled $440,000 or $0.04 per diluted share.Funds from operations (FFO) increased 5.8% to $1.1 million or $0.1

MILLBROOK, NY / ACCESSWIRE / March 1, 2023 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the first quarter of 2023.The dividend is payable on March 31, 2023, to stockholders of record as of March 15, 2023.About Global Self StorageGlobal Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers.

MILLBROOK, NY / ACCESSWIRE / December 1, 2022 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the fourth quarter of 2022.The dividend is payable on December 29, 2022, to stockholders of record as of December 15, 2022.About Global Self StorageGlobal Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial

Operational Excellence and Industry Strength Continued to Drive Record Revenues and Net Operating Income, and Strong FFO and AFFO Growth RateMILLBROOK, NY / ACCESSWIRE / November 10, 2022 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the third quarter ended September 30, 2022. All comparisons are to the same year-ago period unless otherwise noted.Q3 2022 HighlightsTotal revenues increased 13.0% to $3.1 million.Operating income increased 41.0% to $1.1 million.Net income totaled $930,000 or $0.08 per diluted share.Funds from operations (FFO) increased 45.7% to $1.4 m

MILLBROOK, NY / ACCESSWIRE / October 3, 2022 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires and redevelops self-storage properties, will ring the Nasdaq Stock Market Closing Bell on Wednesday, October 5, to commemorate the company's exceptional operational and financial performance, including a dividend yield that leads its publicly-traded self-storage REIT peers.Event: Nasdaq Closing Bell CeremonyDate: Wednesday, October 5Time: 3:52 p.m. Eastern timeLive broadcast link: livestream.com/nasdaq/liveThe ceremony will be streamed online at livestream.com/nasdaq/live beginning at approximately 3:52 p.m. Eastern time. Following an i

Robust Pricing Power, Operational Excellence and Industry Strength Continued to Drive Record Revenues and Net Operating Income, and Strong FFO and AFFO Growth RateMILLBROOK, NY / ACCESSWIRE / August 10, 2022 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the second quarter ended June 30, 2022. All comparisons are to the same year-ago period unless otherwise noted.Q2 2022 HighlightsTotal revenues increased 15.7% to record $3.0 million.Operating income increased 41.6% to $899,000.Net income totaled $404,000 or $0.04 per diluted share.Funds from operations (FFO) increa

MILLBROOK, NY / ACCESSWIRE / August 2, 2022 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires and redevelops self-storage properties, has increased its dividend by 11.5% and declared a dividend of $0.0725 per common share for the third quarter of 2022.The quarterly distribution represents an annualized dividend rate of $0.29 per share, an increase of $0.03 per share from the previous annual rate of $0.26 per share.The dividend is payable on September 30, 2022 to stockholders of record as of September 16, 2022."Our strong pricing power, operational excellence and revenue rate management program has driven exceptional performance a

MILLBROOK, NY / ACCESSWIRE / June 1, 2022 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.065 per common share for the second quarter of 2022.The dividend is payable on June 30, 2022, to stockholders of record as of June 15, 2022.About Global Self StorageGlobal Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Th

Continued Strong Pricing Power, Operational Excellence and Industry Strength Drove Record-High Revenues and Net Operating Income, and Peer-leading FFO and AFFO Growth RateMILLBROOK, NY / ACCESSWIRE / May 16, 2022 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the first quarter ended March 31, 2022. All comparisons are to the same year-ago period unless otherwise noted.Q1 2022 HighlightsTotal revenues increased 15.5% to a record $2.8 million.Operating income increased 45.4% to $675,000.Net income was $283,000 or $0.03 per diluted share.Funds from operations (FFO) inc

MILLBROOK, NY / ACCESSWIRE / March 1, 2022 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.065 per common share for the first quarter of 2022.The dividend is payable on March 31, 2022, to stockholders of record as of March 15, 2022.About Global Self StorageGlobal Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers.

MILLBROOK, NY / ACCESSWIRE / December 1, 2021 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.065 per common share for the fourth quarter of 2021.The dividend is payable on December 30, 2021, to stockholders of record as of December 15, 2021.About Global Self StorageGlobal Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial c

MILLBROOK, NY / ACCESSWIRE / September 1, 2021 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.065 per common share for the third quarter of 2021.The dividend is payable on September 30, 2021, to stockholders of record as of September 15, 2021.About Global Self StorageGlobal Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial

NEW YORK, NY / ACCESSWIRE / August 25, 2021 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust (REIT) that owns, operates, manages, acquires, and redevelops self-storage properties, will exhibit its third-party self-storage management platform, Global MaxManagementSM, at the Self Storage Association (SSA) 2021 Fall Conference & Trade Show.The conference is being held on September 7-10, 2021 at MGM Grand in Las Vegas, Nevada. The SSA Fall Conference and Trade Show brings together over 2,500 self-storage professionals throughout the country for exceptional networking and educational sessions.Global MaxManagement is designed to maximize the value of independent property o

NEW YORK, NY / ACCESSWIRE / July 7, 2021 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, will exhibit its third-party self-storage management platform, Global MaxManagementSM, at the Inside Self Storage (ISS) World Expo.The conference is being held on July 13-16, 2021 at the Mirage in Las Vegas, Nevada, with the expo hall open on July 14-15, 2021. The annual gathering brings together self-storage experts, educators and colleagues to discuss ways to capitalize on the industry's latest products, services, strategies and trends.Global MaxManagement SM is designed to maximize the value of in

NEW YORK, NY / ACCESSWIRE / July 6, 2021 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust (REIT) that owns, operates, manages, acquires, and redevelops self-storage properties, has extended its revolving credit facility with The Huntington National Bank and increased the principal amount available from $10 million to $15 million.The revolving credit facility has a three-year maturity and bears interest on withdrawn funds at a rate equal to one-month LIBOR plus 3.00%. It is secured by the company's properties in Millbrook, NY, West Henrietta, NY, Lima, OH, Fishers, IN, and Clinton, CT.The expanded credit facility combined with a recently completed equity offering has

NEW YORK, NY / ACCESSWIRE / June 1, 2021 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.065 per common share for the second quarter of 2021.The dividend is payable on June 30, 2021, to stockholders of record as of June 15, 2021.About Global Self StorageGlobal Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Thr

NEW YORK, NY / ACCESSWIRE / May 26, 2021 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, will exhibit its third-party self-storage management platform, Global MaxManagementSM, at the Self Storage Association (SSA) 2021 Spring Conference & Trade Show.The conference is being held on June 2-4, 2021 at the Gaylord Opryland Resort and Convention Center in Nashville, Tennessee. It is expected to bring together more than 2,500 self-storage professionals from across the country for networking and educational sessions.Global MaxManagement is designed to maximize the value of independent property

Strong Pricing Power and Lease-up Performance Drive Record Occupancies and Revenues, and Double-Digit FFO and AFFO GrowthNEW YORK, NY / ACCESSWIRE / May 13, 2021 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, develops and redevelops self-storage properties, reported results for the first quarter ended March 31, 2021. All comparisons are to the same year-ago period unless otherwise noted.Q1 2021 HighlightsTotal revenues increased 9.0% to a record $2.4 million.Total expenses decreased 6.9% to $2.0 million.Net income increased $768,000 to $411,000 or $0.04 per fully diluted share.Funds from operations (FFO) increased 72.1% to a

Expansion Lease-ups Perform Despite COVID-19, Resulting in Record-High Occupancies and Revenues; Continued Approach to Controlling Expenses Drives Peer-Leading Same-Store Net Operating Income Growth NEW YORK, NY / ACCESSWIRE / March 31, 2021 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, develops and redevelops self-storage properties, reported results for the fourth quarter and full year ended December 31, 2020. All comparisons are to the same period in 2019 unless otherwise noted. Q4 2020 Highlights Total revenues increased 6.8% to a new high of $2.4 million. Net income increased $299,000 to $316,000 or $0.03 per full

NEW YORK, NY / ACCESSWIRE / March 3, 2021 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, develops and redevelops self-storage properties, has been invited to participate at the 33rd Annual ROTH Growth Conference being held virtually on March 15-17, 2021. The conference will feature presentations from public and private companies across a variety of industry sectors, followed by one-on-one and small group meetings, as well as expert panels and fireside chats. Past events have featured more than 550 participating companies and drawn more than 5,000 attendees, including institutional investors, analysts, family offices and high

NEW YORK, NY / ACCESSWIRE / March 1, 2021 / Global Self Storage, Inc. (NASDAQ: SELF), a real estate investment trust that owns, operates, manages, acquires, develops and redevelops self-storage properties, has declared a cash dividend of $0.065 per common share for the first quarter of 2021. The dividend is payable on March 31, 2021, to stockholders of record as of March 15, 2021. About Global Self Storage Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, develops and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential an