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Absolute Storage Management Reports 2020 Third Quarter Results

Memphis, TN, October 14, 2020 –(PR.com)– Absolute Storage Management (ASM), a leading third-party management company for self-storage facilities in the United States, announced operating results for the three months ended September 30, 2020.

2020 Highlights for Three Months Ended September 30, 2020:
– Increased same-store revenue by 1.2% vs. the same period in 2019.
– Acquired eight (8) management contracts: three (3) operating facility and five (5) facilities at the completion of construction.

2020 Highlights for Nine Months Ended September 30, 2020:
– Increased same-store revenue by 1.1% vs. the same period in 2019.
– Ended the time period with 91.7% Square Ft. Occupancy compared to 88.9% same period in 2019, an increase of 2.8%.
– Added twenty-eight …

Full story available on Benzinga.com