REIT PURCHASES STORAGE PROPERTIES IN BILOXI AND GULF BREEZE

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BILOXI, MISS., AND GULF BREEZE, FLA. — Ladera Ranch, Calif.-based Strategic Storage Trust, a new $1 billion real estate investment trust sponsored by U.S. Commercial, has purchased two storage properties totaling 146,000 square feet from U-Stor-It for $10.76 million. The properties, located in Biloxi and Gulf Breeze, together boast more than 1,300 storage units.

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