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Buy or Build? Investment Insight For The Best Deals

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Back in the spring of this year, Sovran Self Storage, Inc., of Williamsville, N.Y., announced it would acquire LifeStorage, LP, a privately-owned self-storage operator for about $1.3 billion. In the deal, Sovran will end up with 84 LifeStorage facilities and a purchase contract to acquire three more facilities in the years ahead. While this deal might be further proof that the acquisition market is still red-hot, a number of brokers and financial sources are suggesting that the time is right for new development… (Purchase Full Article to Read More)

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Back in the spring of this year, Sovran Self Storage, Inc., of Williamsville, N.Y., announced it would acquire LifeStorage, LP, a privately-owned self-storage operator for about $1.3 billion. In the deal, Sovran will end up with 84 LifeStorage facilities and a purchase contract to acquire three more facilities in the years ahead. While this deal might be further proof that the acquisition market is still red-hot, a number of brokers and financial sources are suggesting that the time is right for new development… (Purchase Full Article to Read More)

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