We are making huge strides and the opportunities are coming from all places. As each day comes I keep thinking this is all so unbelievable then boom another day right behind it continues to be even better. The energy and excitement are running full speed ahead with no sign of slowing.

We continue to build our management team. The most important ingredient for success in winning team is the nucleus, the core, the management team. In our case that belief goes all the way down to the store level.  We take great care in selecting team members because for us we are building a family and whom we let in to our family defines who we are. If you are successful in developing your team and if you treat your team well you will always win. It is my firm conviction that we protect and nurture our number 1 asset! Our Teammates!

As we continue to grow and explode on the market we see constant and reassuring signs of economic improvement in our industry. The four Publics continue to hit record stock prices and are favorites on the entire investment list.  PSA (Public Storage) which started the year in the low 70’s is about to eclipse the 100 dollar mark. It is truly amazing. Even their CEO and Founder B. Wayne Hughes made Forbes Billion dollar club.

The growth of the industry is well on its way. The entire opportunities continue to expand. We are seeing a sharp drop in discounting to attract new customers and rental rates are finally starting to stabilize. It is not to long until we will see the rates drift upward and the margins will be rolling back.

There is a great deal of excitement in the Capital Markets and it is the correct time to strike and we are striking hard.

Our economy is storming back and we are firmly positioning ourselves for the inflationary period that will be soon upon us. We will take advantage of the inflationary period with increased rents and occupancies as well as higher valuations on the assets.

I want to thank all of you for your support as we grow away.