Life Storage to Manage Canada Facilities
- Jan 23, 2019
Life Storage has added four self storage facilities to its third-party management portfolio in the Greater Toronto Area. The firm is expanding into the southern Ontario market alongside Bluebird Self Storage, the owner of the storage properties. The facilities will continue to operate under the Bluebird brand.
“We are excited to expand into southern Ontario. The market dynamics and demographics of that region, as well as our home office proximity to Canada, making this a significant opportunity to continue driving our Company’s growth,” said Joe Saffire, chief executive officer at Life Storage, in prepared remarks. “We are entering this new market with Bluebird, a company with more than 30 years of experience in both the American and Canadian self storage markets.”
The storage facilities are located in Toronto, Mississauga and Woodbridge, Ontario. Life Storage’s management services include operational and technology platforms, such as Rent Now, which allows customers to rent facilities online.