SOVRAN SELF STORAGE BUYS 22 TEXAS PROPERTIES FOR $101.5M

HOUSTON, AUSTIN AND DALLAS — Buffalo, N.Y.-based Sovran Self Storage, Inc. has acquired 22 properties in Texas for $101.5 million. The 1.23 million-square-foot portfolio includes 18 properties in Houston, three in Austin and one in Dallas. Sovran will operate the properties under the name Uncle Bob's Self Storage.