Self Storage News

• Storage Deluxe Announces Opening of New Facility in the Bronx, New York
• Storage Deluxe Acquires Building in Bronx, New York
• Storage Deluxe Opens New Facility in the Bronx, New York
• Storage Deluxe Acquires Self-Storage Facility in Freeport, New York
• Storage Deluxe Named SSA Facility of the Month, September 2002
• Storage Deluxe Is Awarded Two Management Contracts
• Storage Deluxe acquires 110,000 SF Building on Brook Avenue in the Bronx, New York
• Storage Deluxe acquires 2887 Atlantic Avenue, Brooklyn, New York, a 90,000 SF Building
• Storage Deluxe acquires 1125 Wyckoff Ave, Queens, NY
• Storage Deluxe acquires 1,400 unit self storage facility (PDF)
• Storage Deluxe acquires 80 S. Kensico Ave., White Plains, NY, a 1,400 Unit Self Storage Facility (PDF)

NEW YORK, New York, April 22, 2003 -- Storage Deluxe, a Manhattan-based owner, developer and manager of self-storage facilities, announced that it has been awarded management contracts for two existing facilities: A 1,300 unit, 80,000 square foot facility located at 245 West Fordham Road, Bronx, New York; and a 800 unit, 126,000 square foot facility located at 111 Danbury Road, Wilton, Connecticut.

Nick Coslov, Partner and Chief Operating Officer for Storage Deluxe stated, "We are very excited about the opportunity to add two well established and strategically located facilities to our management portfolio and we look forward to adding value to these properties. Because of our existing presence in the New York Metropolitan area, we are able to not only take advantage of certain economies of scale, but also to maintain a very hands on approach to operations."

Storage Deluxe is a real estate company specializing in the acquisition, development, and management of self-storage properties. The company owns, has interests in, and manages six facilities containing over 800,000 square feet of storage space with an additional 3 facilities scheduled to open in 2003. Storage Deluxe is currently seeking third party management contracts in the northeast. For more information, please contact Nick Coslov at 212-309-8707 or visit our website at www.storagedeluxe.com.