Shurgard's same store revenue experienced a 7.7% third quarterincrease over last year, which followed a second quarter increaseof 7.6%. Same store average rental rates increased from $10.46 to$11 per sf over the 12-month period ending Sept. 30, 2000, whilesame store occupancy rates increased by 1% to 89%.
Shurgard Storage Centers, Inc. is a self-administered,self-managed REIT that specializes in all aspects of theself-storage industry. The company currently operates a network ofmore than 411 storage centers located throughout the United Statesand Europe.
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