Moving and Storage Business News

The News Review:

- Extra Space Storage Inc. Reports perating Results for the Three …
- Fine Art Storage and Moving Company in Boston Handles Art for Two …
- Sovran Self Storage sees earnings fall as customers cut back

Extra Space Storage Inc. Reports perating Results for the Three …
CNNMoney.com -
2%Properties included in same-store 210 210 210 210The increase in same-store rental revenue for the three months and yearended December 31 2008 as compared to the three months and year endedDecember 31 2007 was due to increased rental rates to existing customerswhich offset lower incoming rental rates and a reduction in occupancy dueto higher move-out activity. Property Acquisitions:During the three months ended December 31 2008 the Company acquired eightproperties located in Colorado Indiana and New York for approximately$57. For the year ended December 31 2008 the Company acquired11 properties on a wholly-owned basis for approximately $79. TheCompany also acquired an additional 40.
Related from Plastic-package: 10-K: CLARCR INC

Fine Art Storage and Moving Company in Boston Handles Art for Two …
dBusinessNews Boston (press release) MA -
Vaccaro had many works of art including much of it sculptures it took a specialized Mind’s Eye crew of four an entire week to complete this very important job. “This just goes to show that Mind’s Eye is becoming the only choice across the United States for the moving storage and care of these high-end items” stated D’Arcy Goldman president of Mind’s Eye. Norman Rockwell and Lori Vaccaro are true legends in the art world and we are truly honored that we had the opportunity to care for these items during their move. People around the world have enjoyed their art and through our services many more will enjoy their treasures for years to come. ” About Mind’s Eye: Mind’s Eye based just outside of Boston MA is an innovative leader in.

Sovran Self Storage sees earnings fall as customers cut back
Buffalo News  United States -
Sovran said it offered customers nearly $2 million in free rent during the quarter as part of its incentive that offers consumers their first month’s rent at no cost which the company expanded last fall as the company weakened. Sovran executives said turnover has increased as consumers look to cut costs in an uncertain economy. “It’s a question between a mortgage and a car payment and utilities and a self-storage unit” said Kenneth Myszka the company’s president during a conference call today. Sovran said it expects consumers to continue to cut back prompting executives to predict a 1 percent to 2 percent drop in same-store revenues this year. It expects to earn 72 cents to 74 cents per share during the current quarter down from 81 cents per share a year earlier. Earnings for the full year are forecast to range between $3 and $3.